The Oversea-Chinese Banking Corporation (OCBC
Bank), in partnership with MasterCard, has launched the OCBC
Business Card, a platinum debit card that can be customised and
branded by businesses.
The card is aimed at small and medium-sized
enterprises (SMEs), and enables companies to use debit cards
as a way of increasing brand recognition when paying for goods and
services.
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The service has been launched in Singapore,
where an OCBC Bank survey found more than 50 percent of SME
customers were planning to internationalise their business.
“The OCBC Business Card is the result of
insights gained from many of our SME customers on the value of
brand recognition through the personalisation of the card, and, of
course, the added convenience of the cashless payments globally
from their business accounts,” said Linus Goh, OCBC Bank global
head of enterprise banking and financial institutions.
“Both these features are especially relevant
as our customers become more international and promote their
capabilities in new markets.”
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