Axis Bank, one of India’s biggest private banks, has teamed up with Mastercard, a leading payments technology company, to introduce MyBiz, a new credit card specially designed for sole proprietors and small business owners.
Key Features of MyBiz Card:
- Business and Travel Benefits:
The MyBiz card belongs to the World Mastercard category and offers a variety of benefits to support small business owners. - Innovation in Banking:
Vivek Gupta, President & Head of Wholesale Banking Products at Axis Bank, stated, “We are dedicated to continuously improving services for our small business customers. The MyBiz card provides a full range of business and travel perks, making it easier for them to manage their needs.” - Rewards and Controls:
The card includes perks like airport lounge access, travel insurance, and zero liability protection, along with enhanced purchasing power and controls for employees. - Business Services:
MyBiz cardholders can also access a range of business services, such as productivity tools, marketing resources, online readiness, security, and compliance through Mastercard Easy Savings Specials. - Exclusive Experiences:
Cardholders can enjoy unique experiences in areas like dining, wellness, and sports through priceless.com.
Anubhav Gupta, Senior Vice President of Business Development at Mastercard, emphasized the importance of creating financial products tailored to the needs of India’s growing number of entrepreneurs. He said that this collaboration will greatly benefit small business owners by combining Axis Bank’s local knowledge with Mastercard’s global payment expertise, setting a new standard in the business credit card market.
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