The new PayPal Business Cashback Mastercard is among the industry’s leading cashback business credit cards

PayPal introduced Mastercard business credit card. Source: shutterstock.com

PayPal has announced it is expanding its suite of credit offerings to include a new business credit card to better meet the everyday financing needs of small business owners.

The PayPal Business Cashback Mastercard, issued by WebBank and powered by the Mastercard network, is the first business credit card offered through PayPal. The card has no annual fee and rewards cardholders with 2% cashback on all purchases with no rewards earning caps or expiration, making it among the highest cashback rewards value available.

The PayPal Business Cashback Mastercard offers a simple way for businesses to pay for both everyday business expenses and those that may unexpectedly arise, while also earning cashback rewards on all purchases.

Approved businesses are provided immediate access to their assigned credit limit through a virtual card that is automatically integrated into the business’s PayPal account and is immediately available as a payment method when merchants check out with PayPal. Account and spending details are easily accessed through the cardholder’s PayPal Business account.

We’ve reported that Alipay Plus makes significant amendments to cashier product.

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