- 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:
Q.1 Who among the following launched ‘Axis Bank Rupifi Business Credit Card?
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
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