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LazyPay tie-up with SBM Bank India to Launch LazyCard

Sumit Arora January 14th, 2022 11:47 am Leave a comment

LazyPay, a Buy Now Pay Later (BNPL) solution by PayU Finance, announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line that works on the Visa payment network. To empower financially underserved Indians with easy access to credit as their card has limited credit options. LazyCard reaches over 62 million pre-approved users of LazyPay, with a credit limit of up to 5 lakhs. Consumers could avail the Lazycard at zero joining fees and zero annual fees along with multiple transactional benefits and rewards.

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Important takeaways for all competitive exams:

SBM Bank Incorporated: 1st December 2018
SBM Bank Headquarters: Mumbai, Maharashtra
SBM Bank CEO & MD: Sidharth Rath

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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