Business, Uncategorized

PayPal Issues First Business Credit Card for Small Businesses.

PayPal logo on smartphone

PayPal logo on smartphone

Essentially, it is the cashback Season For Small Businesses Using the PayPal cashback business MasterCard credit card. PayPal created this card in conjunction with WebBank and MasterCard. PayPal offers the card, WebBank issues and MasterCard powers it. The card offers many benefits to small businesses. Some of these benefits are:

  • No annual fees
  • 2% cashback on all purchases.
  • There are no caps on your rewards.
  • Access to MasterCard benefits like mobile phone protection, discounts, offers, and 2 years warranty.
  • Employees have their own cards and account numbers
  • 13.99% to 29.99% APR on purchases.
  • The card is virtual, and small business owners can immediately begin to use it.

With these benefits, you can see that PayPal isn’t messing around and genuinely seeks to support small businesses. After all, statistics from Federal Reserve Banks show that small businesses rely on credit cards for funding.

To get this card, all you need is a PayPal business account, and the card, a virtual card, will automatically sync to your business account. You can begin to use it immediately to checkout purchases.

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