BOBCARD & NPCI launched India’s second Corporate Credit Card on the RuPay Network

Current Context: On February 14, 2024, BOBCARD Limited, a wholly-owned subsidiary of Bank of Baroda, and National Payments Corporation of India (NPCI) launched India’s second Corporate Credit Card on the RuPay Network.

• This card offers a range of benefits including complimentary lounge access, fuel surcharge waiver, personal accidental death insurance cover, and an attractive rewards program for various business transactions.
• It also provides the convenience of linkage with UPI through any UPI-enabled app.
• This launch is a significant step towards enhancing credit card penetration in the country, contributing to the overall growth and development of the economy.

Question:

Q.1 What are some of the benefits of the Corporate Credit Card on the RuPay Network?
a. Complimentary lounge access and fuel surcharge waiver
b. Personal accidental death insurance cover
c. Attractive rewards program for various business transactions
d. All of the above