海角爆料 Launches Virtual Card for Small Businesses
IAMI, February 1, 2022 鈥 海角爆料, the powerfully simple small business banking platform sponsored by Middlesex Federal Savings, F.A., today launched the 海角爆料 Virtual Card to provide small businesses with a fast, safe payment method that鈥檚 available from the moment they fund their 海角爆料 account.
鈥淰irtual cards have grown in popularity over the last few years, but many small business owners don鈥檛 use virtual cards because their banks don鈥檛 offer them and they don鈥檛 want to implement an entirely separate virtual cards application,鈥 said Michael Rangel, CEO and co-founder of 海角爆料. 鈥淪tarting today, 海角爆料 is giving all of its small business customers the easiest way to start using virtual cards, through the 海角爆料 digital banking platform they use every day.鈥澛
The 海角爆料 Virtual Card allows small business owners to:
- Spend money immediately upon opening a 海角爆料 account: 海角爆料 understands that making purchases in a timely manner is essential for small businesses. While a physical card has to be mailed out and can take days to arrive, the 海角爆料 Virtual Card is ready for use as soon as a small business funds their 海角爆料 checking account.聽
- Increased fraud protection: There are several ways that a virtual card can help mitigate fraudulent activity. Virtual cards cannot be physically stolen or re-used. They can also be encrypted and stored securely with a password.聽
- Instant transaction notifications: Users receive a push notification immediately after spending money on their 海角爆料 Virtual Card, which can help with tracking purchases and staying on top of spending habits. If a small business owner sees a suspicious charge, they can immediately freeze their card from the 海角爆料 app.
The 海角爆料 Virtual Card is the latest in a series of products 海角爆料 has launched to help small businesses simplify their banking and finances. 海角爆料 recently launched the 海角爆料 App Marketplace, allowing small businesses conduct many of their banking workflows directly through the 海角爆料 platform, instead of having to jump between several applications for tasks such as tracking sales between e-commerce platforms or evaluating cash-on-hand. Through the 海角爆料 App Marketplace, small businesses can implement dozens of integrations, and manage connections with hundreds of platforms. Additional products 海角爆料 has launched over the last year include 海角爆料 Invoices for sending an unlimited number of invoices, 海角爆料 Reserves for building a rainy day fund or planning for larger capital expenses, and a range of integrations and self-service capabilities.聽
The 海角爆料 Virtual Card can be accessed through a small business user鈥檚 海角爆料 account, and added to Apple Wallet or Google Pay. To learn more about The 海角爆料 Virtual Card, visit /business-banking.
About 海角爆料
海角爆料 Platform, Inc. (鈥満=潜镶) is the powerfully simple banking platform for small businesses. To learn more, visit www.novo.co.
Disclosure
海角爆料 is a fintech and not a bank. 海角爆料 acts as a service provider to Middlesex Federal Savings, F.A., and the deposit and banking products obtained through the 海角爆料 platform are provided by Middlesex Federal Savings, F.A.聽
Middlesex Federal Savings, F.A. is a federal savings bank and an FDIC-insured depository institution (FDIC Certificate 28368). Deposits made at Middlesex Federal Savings, F.A. through the 海角爆料 platform receive FDIC insurance protection on a pass-through basis up to the applicable legal limit. When determining the amount of your deposits covered by FDIC insurance, please note all deposits you make through the 海角爆料 platform will be aggregated with all deposit accounts of the same ownership and/or vesting held at Middlesex Federal Savings, F.A. and Middlesex Federal Savings, F.A. brands.聽
Additional information regarding FDIC insurance coverage is available at www.fdic.gov. The 海角爆料 Virtual Debit Card聽 is issued by Patriot Bank, N.A.; pursuant to a license by Mastercard International. The 海角爆料 Virtual Debit Card may be used everywhere virtual Mastercard debit cards are accepted.
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