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Cards

Obopay partners with Federal Bank, Mastercard to launch prepaid card

Tuesday 11 December 2018 | 02:32 PM CET

Obopay has partnered with Federal Bank and Mastercard to launch a prepaid payment solution for corporate clients to manage their disbursements.

According to the digital payment company, the new card will have multiple features such as split transaction, multi wallet facility, ATM withdrawals, and inter-card fund transfer.

Moreover, the card, which comes with no minimum balance requirement and no service charge, can be useful for all forms of corporate entities – such as distributors, colleges, factories retailers.

Clients can use this card for multiple purposes, such as bank accounts for using the salary, digital wallets for payments, food coupons, insurance claims, and others.

More: Link
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