Axis Bank and Mastercard Join Hands to Unveil MyBiz credit card for small business owners in India

Axis Bank

Axis Bank, one of India’s major private sector banks, and Mastercard, a global payments technology firm, have forged a strategic partnership to introduce MyBiz, a premium business credit card intended specifically for single proprietors and small business owners. The new World Mastercard® card combines a variety of business and travel perks to address the diversified demands of small and medium-sized business owners.

Along with premium advantages like airport lounge access and comprehensive travel insurance, MyBiz cardholders will be able to access a variety of business-related services like as productivity, marketing, internet preparedness, security, and compliance via Mastercard Easy Savings Specials. Furthermore, cardholders will have access to specifically curated experiences in culinary, wellness, sports, and other categories through priceless.com for India-based events.

Underlining the exclusive value proposition offered by MyBiz, Vivek Gupta, President & Head, Wholesale Banking Products, Axis Bank, said, “At Axis Bank, we are committed to serve our small business customers with continuous innovation in transaction banking — this time through our B2B commercial card proposition. Arising from our close collaboration with Mastercard, MyBiz card leverages World Mastercard® benefits to deliver industry-leading value. It offers a comprehensive suite of business and travel benefits — an end-to-end digital offering that simplifies our small business clients’ experience through greater rewards, increased purchasing power, zero liability protection, and increased employee controls.”

Also Read | Axis Bank Joins hand with Piramal Finance Under Co-Lending Business

Highlighting the significance of the launch, Anubhav Gupta, Senior Vice President, Business Development at Mastercard, said, “As India continues to witness a steady growth in the number of entrepreneurs, Mastercard is focused on developing innovative financial products and solutions tailored to their business, travel and lifestyle needs. Combining Axis Bank’s deep market insight with Mastercard’s global expertise in payments, this collaboration will bring significant benefits to small business owners, setting a new benchmark in the business credit card segment.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.