back Back

Karbon rolls out Prepaid Card to boost business expense management

By Gloria Mathias

February 20, 2024

  • B2B Payments
  • Bangalore Fintech News
  • Bengaluru
Share

Karbon, Karbon Card, FinTech News, Corporate Card, Corporate prepaid Card, Business spending, B2B payments, India, Bengaluru, Expense Management,  Karbon, an India-based FinTech firm offering B2B payment solutions, has announced the launch of its latest offering in Corporate prepaid cards designed to meet the evolving needs of businesses.

Called the Karbon Corporate Prepaid Card, the product aims to disrupt and redefine corporate spending dynamics. Karbon has recognised an opportunity to revolutionise the industry. With the transition to corporate debit and personal cards for business expenses, Karbon aims to introduce a disruptive solution.

The Karbon Corporate Prepaid Card empowers businesses to optimise spending, ensuring greater savings without compromising efficiency. Setting a new standard in corporate expense management, the Karbon Corporate Prepaid Card offers a host of unparalleled features, including a flat 1% cashback on every swipe and an add-on card with flexible options for issuing cards to teams and individual team members as needed, facilitating seamless expense management.

Karbon has affirmed that it neither engages in nor facilitates vendor payment services through its banking partners or product offerings.

Karbon had partnered with IDFC and Yes Bank to launch ‘Karbon Forex.’ This integrated solution facilitates and streamlines both inbound and outbound remittances, demonstrating Karbon’s commitment to reliable, compliant, and efficient forex services.

Looking ahead into 2024, Karbon is poised for unprecedented growth in India’s INR 10,000 crore-plus Corporate Card Industry and the USD 80 Billion-plus Foreign Remittance Industry. With a steadfast focus on innovation and customer-centricity, Karbon continues to reshape the fintech landscape, delivering value to businesses across the nation.

Karbon is a FinTech company headquartered in Bangalore, India, dedicated to revolutionizing financial services through innovation and technology. With a commitment to empowering businesses and individuals, Karbon leverages technology solutions to drive financial inclusion and prosperity.

Previous Article

February 20, 2024

Mastercard & Awash Bank team to offer card and payment gateway services

Read More
Next Article

February 20, 2024

Alchemy Pay set to simplify NFT Purchase & Checkouts in SEA

Read More








IBSi Daily News Analysis

payment check out, Open Banking

April 23, 2024

B2B Payments

UAE retailers lose millions annually on payments fraud; consumers’ wallets impacted

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Nium expands footprint in Asia with Artajasa partnership

Read More

Today

Careem Pay expands international remittances to the UK

Read More

April 22, 2024

4 FinTechs offering convenient split payments option in the UK

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023