Kerala-based NBFC Manappuram Finance will launch its own co-branded prepaid card in the tie-up with YES Bank to promote digital financial transactions.
The ‘Manappuram YES Bank Prepaid Money Card’ can be pre-loaded up to a maximum amount of Rs. 50,000 and then be used to withdraw money from all ATMs. As the card works on the popular MasterCard and RuPay networks, it can also be used for online transactions and at merchant establishments with PoS terminals.
Takeaways from above News-
- Manappuram Finance tied up with Yes Bank
- Head office of Manappuram Finance in Thrissur, Kerala
- Headquarter of Yes Bank in Mumbai
- NBFC full form is Non-Banking Financial Companies
If you have any other takeaways, do share with us in the comment section
Source- The Hindu