BOBCARD Limited (Formerly known as BOB Financial Solutions Limited), a wholly owned subsidiary of Bank of Baroda, and National Payments Corporation of India (NPCI) have announced the launch of Corporate Credit Card on RuPay Network. The card comes loaded with a plethora of benefits for the corporates for varied use cases and convenience of linkage with UPI through any UPI- enabled apps, according to a release by NPCI.
As per the information, the cardholders can look forward to a luxurious travel experience, including complimentary lounge access and fuel surcharge waiver. The Corporate Credit Card also has complimentary personal accidental death insurance cover for its cardholders. There will be attractive rewards program too, making this credit card a valuable financial solution for various business transactions.
Ravindra Rai M, Deputy Managing Director, BFSL, said on the announcement, “We are happy to launch our Corporate Card on the RuPay network. This launch further deepens our partnership with NPCI, and brings the convenience of UPI transactions to our Corporate customers. I’m sure that our valuable customers will find a well-designed and relevant payment instrument in the form of their BOBCARD RuPay Corporate Card. We look forward to catering to the Travel & Entertainment (T&E) and other payment needs of our Corporate customers.”
Praveena Rai, Chief Operating Officer, NPCI, stated, “We are delighted to collaborate with BOBCARD Limited in launching its Corporate Credit Card on the RuPay network. This initiative empowers cardholders with the convenience of UPI-enabled corporate credit cards coupled with enticing rewards. Moreover, this development will further enhance credit card penetration in the country, thereby contributing to the overall growth and development of the economy.”
Established in 1994, BOBCARD Limited is a Non-Banking Financial Company. Its primary business is in credit cards. The company offers an array of products catering to all segments of customers including Shopping Cards, Travel Cards, Card for Defense Personnel, Cards for Professionals like ICAI, ICMAI & ICSI, co-branded cards with HPCL, Snapdeal, IRCTC, Premium Lifestyle cards like Eterna, Premier, and more such exciting variants.
