ICICI Bank has rolled out a contactless business credit card in partnership with Jet Airways for SMEs and their staff.
Touted to be the India’s first contactless business credit card for SMEs, the new card, dubbed Jet Airways ICICI Bank Business Advantage Card, enables the flyers to save on their business expenses.
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It also give customers opportunities to earn ‘JPMiles’ on both spends as well as repayments on a list of business expense categories including travel, dining, office stationery, online advertising and vendor payments among others.
The credit card also offers a host of benefits, which include welcome bonus of 5,000 JPMiles to every cardholder, complimentary access to major airport lounges across India, JPMiles on both spends and repayments, additional JPMiles on international spends and on tickets bought from Jet Airways using the card and 5% discount on base fare for revenue tickets booked through JetAirways.GlobalLinker.com, among others.
Powered by the ‘VISA payWave’ contactless technology, the card enables the cardholder to make payments by simply tapping the card at contactless terminals in over 48 countries including India.
ICICI Bank executive director Rajiv Sabharwal said: "This collaboration further underscores our commitment to provide SMBs with solutions that will help them to scale up swiftly.
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By GlobalData"Additionally, the card also gives a complimentary access to Visa’s expense management tool allowing entrepreneurs to keep track of all business related spends."
