Exclusive credit cards for MSME's

NEED OF THE HOUR 

Micro, Small & Medium Enterprises provides employment to a large number of people, and enhancing it now will have a good impact on the second tranche economy as it is striving hard in a pandemic.

Axis bank, Rupifi & Visa introduced an exclusive credit card for MSME.

This is exclusively made to enhance the MSME and to digitalize them. To expose them to new financial solutions suggested by Rupifi.

The advancement is a helping ladder to MSME's stagnant development. This decision aids the Indian economy.

Rupifi established this in every market place and sector.

The initial fee for acquiring the card is slightly higher than normal purchase cards.

The newly issued card is interest-free up to 51days and initially offers a credit limit up to 2 Lakhs per month and further limit setting is determined based on the future transactions.

Now as these credit cards will be used on daily basis. The sales and production will rise. So when a trader makes more than 5 transactions per month he will have 1% cashback on upcoming transactions.

Recently due to Pandemic Medium scale producers face challenges, halting production, and diminished lifestyle. So, this innovation in their lives will change their way of handling crises.

 

Good day! 

FinBolts...