BOBCARD Limited, a subsidiary of Bank of Baroda, in collaboration with the National Payments Corporation of India (NPCI), has announced the launch of Corporate Credit Card on RuPay Network. The card offers a plethora of benefits for the corporates for varied use cases and convenience of linkage with UPI through any UPI- enabled apps.
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. The rewards program further makes this credit card a valuable financial solution for various business transactions.
Ravindra Rai M, Deputy Managing Director, BOBCARD, said, “This launch further deepens our partnership with NPCI, and brings the convenience of UPI transactions to our corporate customers. I am 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.”
Commenting on the launch, Praveena Rai, Chief Operating Officer, NPCI, said, “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.”
