IndusInd Bank Introduces India's First UPI-Integrated Corporate Credit Card on RuPay

26 Dec 2023 , 03:09 PM

IndusInd Bank launched ‘IndusInd Bank eSvarna,’ India’s first Corporate Credit Card on the RuPay network on December 26. The bank is the first in India to integrate UPI functionality with a Corporate Credit Card, providing enhanced payment options.

The eSvarna credit card on the RuPay network offers perks and rewards, including a luxurious travel experience with complimentary lounge access and a fuel surcharge waiver.

The card facilitates transactions at merchant outlets and allows users to make UPI payments by linking the card with UPI-enabled apps.

Corporate travelers using the card can benefit from comprehensive travel insurance coverage and a rewards program tailored for corporate entities.

Soumitra Sen, Head of Consumer Banking and Marketing at IndusInd Bank, emphasized that the card caters to lifestyle needs across travel, wellness, and lifestyle categories.

Praveena Rai, Chief Operating Officer at NPCI, highlighted that the launch of ‘eSvarna’ signifies a significant step for corporate clients to access unique offerings, benefits, and seamless UPI-enabled payments.

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