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The Visa Platinum Business premium business card for managers and business representatives can now be acquired as a Sberbank card.

The new card can be used to pay for goods and services both in-store and online. It features various privileges developed in collaboration with Visa.

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The privileges can be availed during business trips and events, as well as other business related events in Russia and international countries.

Cardholders will be able to use business lounge services at airports and railway stations with Lounge Key technology.

Users with the Sberbank card can also avail premium travel insurance, along with discounts on certain taxis, restaurants, hotels, car rental and baggage packing services.

At the same time, managers can use the company’s online management tool to set individual limits for all business cards issued within the enterprise.

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Sberbank deputy chairman of the executive board Anatoly Popov said: “We develop products for our clients in order to improve their businesses. At the same time, all of Sberbank’s products and services, including personal ones, provide benefits.

“According to our clients, these benefits significantly outweigh the expenses. This is a guarantee that our cooperation will improve.”

The launch of the new Visa card comes on the heels of Sberbank’s first rating of cashless regions and cities in the country.

According to the company, the proportion of card payments in total transactions for goods and services across Russia grew from 4% in 2008 to 39% last year. This year, the share is approaching 50%.