Yes bank teams up with fintech Zaggle for next-gen corporate credit card: Yes Bank launched a co-branded Corporate Credit Card in collaboration with the spend management platform Zaggle to provide businesses with direct control over company expenditures. This includes the ability to set individual spending limits, apply merchant category restrictions, and implement diverse controls. Additionally, cardholders gain access to an array of exclusive benefits, spanning rewards, golf privileges, lounge access, and travel insurance.
Daily Current Affairs Quiz: August 2023
Objective: To empower businesses to reimagine their payment processes, streamline reconciliation, and efficiently manage company expenditures.
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 spends, along with the privilege of offering rewards on both spends and repayments on a large list of business expense categories.”