- IndusInd Bank has launched a new corporate credit card – eSvarna – on the RuPay network. It is India's first corporate credit card that allows linking to UPI apps for payments.
- This card offers a wide range of features for frequent business travelers.
- The e-Gold RuPay Corporate Credit Card enables smooth transactions at merchant stores, both physical and digital.
- Its key feature is to connect with any UPI payment app to facilitate seamless UPI-based payments.
- This gives it an edge over other business credit cards as linking credit cards to UPI is currently enabled by the RBI only for RuPay cards.
- Therefore, the e-Gold card offers the convenience of UPI payments combined with credit card rewards and security.
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Economics