PayPal has also launched its Business Debit Mastercard in Ireland. This is part of the expansion of contactless payments to prepare for the Covid-19 defense.
Along with Ireland, the PayPal MasterCard were available in Austria, France, Italy and Spain from yesterday.
Business users can access their available PayPal funds or PayPal balance for online and in-store business purchases.
Maeve Dorman, VP Merchant Operations, PayPal EMEA said, there is no monthly fee for the card and 0.5% cashback on every Euro spent will be provided.
Small businesses are the backbone of the Irish economy. Mastercard seeks to make their financial transactions much simpler and more convenient, said Sonya Geelon, Ireland Country Manager at Mastercard