Bank of Baroda’s subsidiary BOBCARD, in collaboration with the National Payments Corporation of India (NPCI), has launched 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.
Ravindra Rai M, Deputy Managing Director, BOBCARD, said, “This launch deepens our partnership with NPCI, and brings the convenience of UPI transactions to our corporate customers. I am sure that our 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 and entertainment, and other payment needs of our corporate customers.”
The cardholders can look forward to a travel experience, including complimentary lounge access and fuel surcharge waiver. The card also has complimentary personal accidental death insurance cover for its cardholders. The rewards programme further makes this credit card a financial solution for various business transactions.
Commenting on the launch, Praveena Rai, Chief Operating Officer (COO), 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.”
