In a bid to further help small businesses, Mastercard Inc. MA together with PayPal Holdings, Inc. PYPL has announced the expansion of PayPal Business Debit Mastercard across the globe.
The PayPal Business Debit Mastercard is a debit card giving users an instant access to their money in PayPal.
With PayPal, users can make payments online or in-store anywhere in the world where Mastercard is accepted, withdraw money at any ATM with a Mastercard/Cirrus/Maestro mark, earn 1% cash back on eligible purchases when a user signs up for cash back and receive protection against unauthorized payments sent from their account with the Mastercard Zero Liability Policy.
Small business is one of the worst-hit categories in the COVID -19 scenario. Thus, it will be cushioned by through a speedy access of their PayPal funds by virtue of using this card. Fast access to funds is the need of the hour for most