How you benefit Convenient business transactions The Piraeus Bank Business Mastercard® is a typical corporate card for convenient business transactions. You can request additional cards for as many of your company’s executives as you like. The balance of each monthly statement is due in full. It is paid automatically through a standing order from your company’s sight account. Flexible credit limit of each additional card Piraeus Bank sets the total credit limit for the additional corporate cards issued to your company’s executives. You can distribute this limit as you wish for each additional card, depending on the needs of each executive using it. Free insurance coverage Piraeus Business Mastercard® offers you free insurance coverage: Free Shopping Protection for purchases made in Greece using your card, for a period of up to 6 months after the transaction Free travel insurance for trips paid using your card Insurance credit card remaining balance, in case of death or permanent total disability caused by accident. Contactless technology Your Piraeus Business Mastercard® incorporates contactless technology for faster transactions without leaving the card off your hand at all points of sale displaying the relevant logo. How does contactless technology work: The merchant enters the payment amount, which then appears on the POS screen displaying the relevant logo. You simply hold your card near the device If the amount is less than €25, you do not have to enter your PIN In a few seconds you will hear a sound and the approval indication will appear on the device screen You transaction has been completed Υou can still use your card as you used to. Simply insert the card in the POS and enter your PIN. Chip & PIN The Piraeus Business Mastercard® incorporates Chip & PIN technology for safer transactions.