The telecom and media sector is witnessing a surge in demand for embedded finance solutions, with a strong inclination toward embracing innovations such as installment plans, digital wallets, loyalty programs and corporate credit cards. This trend extends beyond marketplaces; recent PYMNTS Intelligence data has found that...
IndusInd Bank has launched a corporate credit card on the RuPay network. With this launch, the new eSvarna corporate credit card will integrate Unified Payments Interface (UPI) functionality, the bank said in a Tuesday (Dec. 26) press release. “The product comes from our deep understanding of the segment and we are...
Small- to medium-sized businesses (SMBs) facing limited access to funding are turning to external sources to finance their operations. However, access to credit remains a challenge, leaving them vulnerable in times of financial difficulties. This is particularly true among Main Street businesses, where nearly 34%...
Whether it’s driving innovation or creating employment opportunities, small and medium-sized businesses (SMBs) play a vital role in the economy. However, one significant hurdle stands in their way — access to credit. SMBs are grappling with the challenge of securing the financing necessary to survive,...
March 13, 2024
The telecom and media sector is witnessing a surge in demand for embedded finance solutions, with a strong inclination toward embracing innovations such as installment plans, digital wallets, loyalty programs and corporate credit cards. This trend extends beyond marketplaces; recent PYMNTS Intelligence data has found that payment facilitators (PayFacs) and independent software vendors (ISVs) are also […]
May 24, 2024
Rho and Navan have launched a unified finance suite that customers can use to manage corporate travel and expenses, enforce expense policy compliance, send payments and close the books. This co-branded solution brings together the capabilities of Rho Corporate Cards and the Navan travel and expense super app, the companies said in a Thursday (May 23) press release. “With Rho, Navan customers now have […]
December 27, 2023
IndusInd Bank has launched a corporate credit card on the RuPay network. With this launch, the new eSvarna corporate credit card will integrate Unified Payments Interface (UPI) functionality, the bank said in a Tuesday (Dec....
November 22, 2019
Razorpay, a large payments processing outfit in India, has introduced an array of new services to provide startups, businesses and gig workers in the country with credit and banking services,...