Federal Bank, NPCI & Visa Unveil Fed StarBiz Credit Card for Business Customers.
Banking & Finance
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.
- The credit card is designed to optimize business transactions and provide greater financial flexibility for Small and Medium Enterprises (SMEs).
Main Point :- (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.
About Federal Bank Limited (FBL)
MD & CEO : KVS Manian
Headquarters : Aluva, Kerala.
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