- They have partnered with an aim to launch co-branded prepaid cards with credit lines.
- They have also partnered to expand digital banking solution and experience to the customers.
- The StashFin Credit Line prepaid card which is powered by Visa is developed with a defined resolution for salaried and self-employed professionals.
- These cards can be used at ATMs and physical merchant locations as well as in Visa accepted online modes.
- These cards act as a personal overdraft facility and allow customers to opt for loans between Rs 25,000 and Rs 3 lakh, depending on their credit profile. On the credit line card, customers will have to repay the loan within 12-18 months, unlike credit cards, which will allow them to be financially disciplined.
- Static Part:
- HQ of StashFin: New Delhi
- HQ of Visa: California, US
Question:
Q.1 With whom StashFin partnered to launch co-branded prepaid cards with credit lines?
a. MasterCard
b. Visa
c. American Express
d. Capital One
a. MasterCard
b. Visa
c. American Express
d. Capital One
