MasterCard Business allows you to:
MasterCard Business can be provided to several employees or authorized users, whereas the cards will be connected to the company’s current account. The manager of the company defines the individual limit of each credit card and the transaction limits for all the cards.
- Up to 50000 BGN credit limit according to company’s size;
- An interest-free period of 35 days in case of used credit limit. Credit limit has been used for purchases and/or cash withdrawals;
- Automatic renewal of the credit limit in case the used credit amount is entirely paid off the 5th of the next month
- Distribution of the whole credit limit into smaller sub-credit limits, which are allocated to the cards of employees or to authorized users as per the company’s request;
- Flexibility in credit management – possibility for repayment of the used credit via Internet /through BankOn Web / or in the branch
- Detailed statement about all the expenses per card, available by e-mail, post or via Internet
- Possibility to block one specific card used by a certain employee, or to change its card limit
Care for you: Each MasterCard Business of Societe Generale Expressbank includes free travel insurance in the country and abroad for the cardholder:
In case of emergency, please get in touch with the Support Center for Travel insurance:
+ 7 495 661 93 40 - abroad
02 980 73 40 - in Bulgaria
Who is MasterCard Business for?
MasterCard Business is suitable for all types of companies whose managers or authorized employees need this easy-to-use and attractive product.
What is MasterCard Business?
MasterCard Business is connected to the company’s current account in BGN, EUR or USD depending on your needs. The payments with MasterCard Business are carried out in the currency of your current account, no matter of the local currency type.
Societe Generale Expressbank offers two types of MasterCard Business:
|Transaction limits||MasterCard Business|
|Limits per transaction|
|Payment at POS||4 000||2 000|
|Cash at POS/ATM||4 000||2 000|
|24 hour limits|
|Payment at POS||5 000||2 500|
|Cash at POS/ATM||5 000||2 500|
|Total||7 000||3 500|
|Max number of transactions for 24 h||40|
|7 day limits|
|Payment at POS||10 000||5 000|
|Cash at POS/ATM||10 000||5 000|
|Total||12 000||6 000|
|Max number of transactions for 24 h||80|
Societe Generale Expressbank charges fees according to the Tariff for fees and commissions of the Bank
New MasterCard Business PayPass cards are the first contactless cards for business clients which enable the cardholder to make payments within another innovative way in addition to the well-known functions of standard cards.
Contactless payment at merchants’ locations is additional functionality for payment of goods and services up to 25 BGN.
You can make such type of payment when the respective merchant locations are marked with following trademarks:
This new functionality is extremely useful in situations that require quick response payment – for example in gas stations, fast food restaurants, cafes, supermarkets, etc.
How to make contactless payment:
Contactless payment shall be made at POS terminals in the country and abroad, only by tapping the card to the POS device without having to put it in the terminal. Confirmation of the payment is made by the respective audio and/or visual signal on POS.
If the contactless transaction is within the limit of BGN 25 or with the card there are several contactless transactions, the total value of which does not exceed BGN 25, these transactions do not require a PIN code for confirmation and/or signing the receipt.
If the relevant purchase is for amount greater than BGN 25, the cardholder still has the opportunity to pay contactless, but in these cases PIN code should be entered.
First operation with Your new MasterCard Business PayPass should be contact (as standard operations) – to pay on POS terminal or withdraw money, to change Your PIN code or check the balance on Your account on ATM.
Frequently asked questions about contactless payments