- It is launched for the MSME sector and is termed as the contactless co-branded credit card.
- The card is applicable for those MSMEs who transact on the aggregator platform in association with Rupifi PAN India for their business purchases.
- The launch of this card allowed Axis Bank to explore its opportunity and expand its business in MSMEs.
- The ‘Axis Bank Rupifi Business Credit Card’ has an average credit limit between the range of Rs 1 lakh and Rs 2 lakh per month, which will be decided on the basis of MSME’s business data of transaction with the aggregator platform, GMV of last 6 months and on the basis of overall revenue.
- The joining fee for this card is Rs 1000 and the card comes up with 51 days interest free credit period.
- Static Part:
- HQ of Axis Bank: Mumbai
- MD and CEO of Axis Bank: Amitabh Chaudhry
- Tagline pf Axis Bank: Badhti ka naam zindagi
- HQ of Rupifi: Bengaluru
Question:
a. Axis Bank, Rupifi and Visa
b. Axis Bank, Rupifi and PayPal
c. Axis Bank, Rupifi and MasterCard
d. Axis Bank, Rupifi and Capital One
