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Federal Bank, NPCI & Visa Unveil Fed StarBiz Credit Card for Business Customers.

Banking & Finance | Dated: 03 Apr 2025

On April 1, 2025, Aluva (Kerala)-based Federal Bank Limited (FBL), formerly known as Travancore Federal Bank Limited, a leading private sector bank (PVB) in India, in partnership with the National Payments Corporation of India (NPCI) and United States of America (USA)-based Visa Inc., introduced the Fed StarBiz Credit Card, an exclusive financial product for business customers.

🎯 Key Highlights:

  • - The credit card is designed to optimize business transactions and provide greater financial flexibility for Small and Medium Enterprises (SMEs).

💡 Other Important Facts:

  • (i) The card integrates directly with Overdraft (OD) or Cash Credit (CC) accounts, offering limits up to Rs. 50 lakh. It enables transactions up to Rs. 3 lakh per day or up to the available OD/CC limit, ensuring seamless financial management for businesses.
  • (ii) Equipped with advanced security features, it utilizes tokenization and encryption technologies for safe digital transactions. All transactions are automatically recorded in the OD/CC account, eliminating the need for separate statements and simplifying financial tracking.
  • (iii) With a validity of five years, the card is globally accepted via Visa and RuPay networks, allowing business customers to make secure transactions across India and internationally.

📚 Test Your Knowledge:

Which bank recently launched the Fed StarBiz Credit Card for business customers?

Correct Answer: Federal Bank

🚀 Quick Recap:

About Federal Bank Limited (FBL)

  • MD & CEO : KVS Manian
  • Headquarters : Aluva, Kerala.