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PayCentral and Mastercard Partner to Launch DigiCentral

PayCentral has partnered with Mastercard to launch DigiCentral, a secure online platform that provides small business owners with a simple way of paying out incentives, rewards, gifting, corporate expenses and even salaries to their employees through a prepaid virtual card. The virtual card replaces a physical plastic card and can be used for eCommerce and in-store purchases. To complete a purchase online, DigiCentral virtual cardholders receive a 16-digit card number, security code and expiry date, which they would use much like a physical card. It can be linked to online retail apps like Uber, Uber Eats, Checkers 60 Sixty and others. For in-store purchases, the virtual card can be loaded to any Masterpass-enabled digital wallet. Once loaded, the cardholder can use their mobile phone to s...