Yes Bank Teams Up With Zaggle To Launch Corporate Credit Card
Yes Bank launched a co-branded Corporate Credit Card in collaboration with a fintech company Zaggle that specialise in spend management.
The card presents an innovative solution by granting businesses direct authority over company expenses. This includes the ability to set individual spending limits, place merchant category restrictions, and implement various other controls. Moreover, cardholders are entitled to a range of exclusive benefits, spanning from rewards and golf privileges to lounge access and travel insurance.
Rajan Pental, Executive Director, Yes Bank said, “The partnership with Zaggle enables businesses to bring in operational efficiencies by allowing them to undertake banking transactions, manage company expenditures as well as keep track of all business-related overheads on a single platform. The co-branded card is a compelling proposition that offers upfront savings on business spending, along with the privilege of offering rewards on both spending and repayments on a large list of business expense categories. We will continue to explore avenues of co-creating more of such innovative propositions.”
This partnership builds upon the long-standing relationship between Zaggle and Yes Bank in the prepaid card space, which started in 2016 and has consistently aimed to provide groundbreaking prepaid card solutions tailored to businesses.
Avinash Godkhindi, MD & CEO, Zaggle said, “The corporate T&E space is ripe for disruption as businesses increasingly demand real-time analytics to better manage spends, an industry need that we believe remains unmet. Zaggle ZatiX, deeply integrated with the YES BANK Zaggle Corporate Credit Card aims to addresses this need, to empowering businesses, and provide CFOs with the certain tools they need for intelligent spend decision making to assist with strategically controlling costs and optimally managing cash flow. Zaggle ZatiX a spend management and analytics platform, which helps businesses to bring in greater cost efficiencies."
