YES BANK and RuPay entered into a strategic cooperation with CARD91

The National Payments Corporation of India’s (NPCI) flagship product, RuPay, and CARD91, a worldwide payment infrastructure powering B2B payments, have established a strategic agreement (NPCI). Through this collaboration, CARD91 will develop a card management system that will enable businesses to introduce a range of co-branded card products and to keep track of a real-time dashboard to produce insights. As a result, CARD91 will be able to increase its market share in the Indian payments industry.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the CARD91 Collaboration:

Through its collaboration with YES BANK and RuPay, CARD91 will be able to offer a variety of card management and security tools to businesses of all sizes and in a variety of industries.
Now that companies can select from co-branded or unbranded card devices, they have a creative means of addressing a problem.
To assist organisations in launching co-branded cards and streamlining payments, CARD91 is a plug-and-play Payment Issuance Infrastructure.
The organisation offers a smooth procedure for the introduction of co-branded payment cards by handling compliance, legislation, infrastructure, lending, issuance, and customer care.
CARD91 reduces launch time, cuts expenses, and offers real-time information on card instruments.

CARD91 for Businesses:

Businesses may track their payment flows using CARD91, from account onboarding to transaction processing and data reconciliation.
In addition to supporting card-based lending, banks can give their customers access to modern payment systems.
Co-branded instruments are another topic of conversation between the corporation and other companies.

About CARD91:

CARD91, situated in Bengaluru with locations in Mumbai and Delhi, is positioned to dominate the market for payment infrastructure globally.
Recently, CARD91 came out of stealth mode and secured a $13 million Pre-Series A round of funding.
The technological startup was established in August 2020 by Ajay Pandey, Kush Srivastava, and Vineet Saxena.
The three of them have all launched profitable businesses in the past, such as Myntra, Mastiff, and Quiklo.

Important Takeaway for All Competitive Exams: