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Axis Bank Share Price: Axis Bank and Mastercard collaborate to launch a credit card for small business owners

Axis Bankone of the largest private banks in India, and MasterCarda global technology company in the payments industry, announced on Wednesday its collaboration to launch MyBiz, a Business credit card Designed exclusively for single owners and small business owners.

The new card, part of the World Mastercard Card Category, combines a wide range of businesses and Travel benefits To meet the diverse needs of SME owners.

“At Axis Bank, we are committed to serving our small business customers with continuous innovation in transaction banking, this time through our B2B business card “This is a very interesting proposition,” said Vivek Gupta, president and head of wholesale banking products at Axis Bank.
“The MyBiz Card offers a comprehensive suite of business and travel benefits – an end-to-end digital offering that simplifies the experience for our small business customers through increased rewards, greater spending power, zero liability protection and greater employee controls.”

In addition to benefits such as airport lounge access and travel insurance, the MyBiz card will allow cardholders to take advantage of a range of business-related services spanning productivity, marketing, online readiness, security and compliance through Mastercard Easy Savings Specials.

Cardholders will also be able to gain access to specially curated experiences around food, wellness, sports and more through priceless.com for India-based experiences.

“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,” said Anubhav Gupta, Senior Vice President, Business Development, MasterCard.

“By combining Axis Bank’s deep market knowledge with Mastercard’s global payments expertise, this collaboration will bring significant benefits to small business owners and set a new benchmark in the commercial credit card segment.”