BOBCARD Limited Launches Corporate Credit Card On RuPay Network

This UPI-enabled Credit Card Offers a host of exclusive rewards and benefits to corporate clients

MUMBAI: BOBCARD Limited (Formerly known as BOB Financial Solutions Limited), a wholly-owned subsidiary of Bank of Baroda, and National Payments Corporation of India (NPCI) today announced the launch of Corporate Credit Card on RuPay Network. With this, BOBCARD Limited becomes the second Credit Card issuer in the ecosystem to have a Corporate Credit Card on RuPay – a card that comes loaded with a plethora of benefits for the corporates for varied use cases and convenience of linkage with UPI through any UPI- enabled app.

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 coverage for its cardholders. The attractive rewards program makes this credit card a valuable financial solution for various business transactions.

Speaking on the announcement, Ravindra Rai M, Deputy Managing Director, BOBCARD Limited, said: “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 am sure our valuable customers will find a well-designed and relevant payment instrument in their BOBCARD RuPay Corporate Card.

Commenting on the launch, Ms. Praveena Rai, Chief Operating Officer, NPCI, said, “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.”