LOS ANGELES, Nov. 17, 2021 /PRNewswire/ -- Trust, the community powered corporate card, is unveiling today that businesses in the Trust community will be eligible for platform protection. This allows Trust cardholders to recoup lost revenue resulting from outages at the major technology platforms, including Facebook, Twitter, Snap, Google, and others.
"Small businesses are often dependent on the major tech platforms, so when those platforms have temporary failures, the ripple effects can seriously impact the health of their business. Platform protection will help businesses in the digital economy reduce some of that risk," says James Borow, Trust CEO.
If an outage, like the one last month that took Facebook, Instagram, and WhatsApp offline for hours, impacts a Trust community member's revenue, they will receive credits to make up for some of their lost revenue. Trust identifies outages using publicly available data as well as data derived from its community of businesses.
"We want to help today's founders and their businesses focus on growth, and they shouldn't be derailed by an outage that's out of their control," Borow says.
Businesses in the Trust community already can learn from each other's spending patterns, get trusted advice, and increase cash flow — all 100% free. Businesses interested in platform protection can visit www.trust.co to learn more.
About Trust
Trust is the community powered corporate card that helps businesses grow smarter, together. Trust cardholders can learn from each other's spending patterns, get trusted advice, and increase cash flow — all 100% free. Founded by a team of Snap alums, Trust is headquartered in Los Angeles and is backed by Lerer Hippeau, Lightspeed Venture Partners, Manta Ray, Sapphire Sport, Upfront Ventures, and Upper90. Learn more at http://www.trust.co.
Media Contact: Blake Burman, [email protected]
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