Greenwood Debit Mastercard products will provide a digital banking solution with integrated financial management services and protections

Mastercard partnered banking platform for Black and Latino businesses. Source: pexels.com

Mastercard has teamed up with Greenwood, the digital banking platform for Black and Latino individuals and business owners, to issue debit cards for its customers.

The Greenwood matte black debit Mastercard will provide cardholders a digital-centric user experience, an extensive list of security and concierge benefits, and giveback programs focused on supporting Black and Latino causes and businesses.

Customers can upgrade to a Greenwood Premium membership that comes with the metal Greenwood World Debit Mastercard providing expanded services and offerings including Identity Fraud Expense Reimbursement insurance of $1,000 per claim, 30 day Price Protection up to $250 per claim, enhanced luxury travel services, 90 days of Purchase Assurance on damaged or stolen goods, as well as discounted access to private golf courses.

We’ve reported that Mastercard introduced carbon calculator tool for banks.

SEE ALSO:

• PayU executive on e-commerce landscape in a post-COVID market
• Cruise industry forecast: what’s coming next?
• Pros and cons of starting a home-based business