Fintech startup BANKIT introduces customizable cobranded prepaid card solutions for businesses

New Delhi, June 25th, 2021: In yet another development that reinforces its position as a domain leader in the fintech industry, BANKIT, a Noida-based fintech startup, has announced the launch of its new business unit under which the company that will be offering customizable and cobranded prepaid card solutions to allow instant online digital onboarding, ordering and portal based functions for MSMEs, startups and corporates. This new unit will empower the businesses to issue prepaid cards to their employees and customers, supported by simple to use Cardholder Mobile app, this prepaid card can be used online, at shop outlets or at ATM?s.

Available in virtual, plastic and wearable forms, businesses can design the prepaid cards with their brand for better brand recognition and customer intimacy. The card offerings can be customized to suit different requirements of businesses seeking standard-cards, incentive cards, loyalty cards, travel cards, fuel cards, restaurant cards, gift cards etc. The cards can be loaded with a maximum balance of Rs 2 lakh and used for utility bill payments, wallet recharges, online shopping at e-commerce platforms, ticket booking, cash withdrawals at ATMs and making payments at POS terminals.

Speaking on the launch and the new business unit, Satyajeet Limaye, Chief Strategy Officer of BANKIT, said, ?As always at BANKIT, with this initiative, our endeavor is to introduce innovative, tech solution that help businesses with newer brand presence opportunity. We are focused towards MSMEs, startups and offer branding opportunities for corporates through customizable prepaid card solutions. In addition to the BANKIT corporate card, we help large businesses to digitize customer loyalty and create a channel to stay connected with customer who love your brand. Creating a connection with help of mobile app and prepaid card branded with your logo is an innovative way of rewarding your employees, customers and partners for choosing to work with you. Company has roadmap for taking this innovation to international markets while addressing the financial needs of a larger business groups.?

Designed to assist in the overall growth of businesses and corporates by providing financial convenience, the prepaid cards can be availed with a minimum KYC registration and identity verification eliminating the need to open a new bank account. BANKIT cards also come with easy to use App and Portal that enables businesses to manage funds digitally, auto submit expenses, assign user access limit, check balances, download reconciliation reports and more, all digitally and instantly.


About BANKIT

BANKIT is an ISO 27001:2013 CERTIFIED fintech company. The company has a legacy of major role since its inception, for the empowerment of the unbanked and under-banked segment of India through its easiest, fastest and safest digital payment solutions. BANKIT?s one-stop-outlets provide instant and hassle-free service delivery for Banking, financial services like Domestic Money Transfer, AePS, MiniATM, Cash Withdrawals, Prepaid cards, Recharges, Bill payments, Insurances, Wallet recharges, Travel & Stay bookings etc.. As a part of growth and expansion plans, the company has now entered into customizable card solutions for businesses to enable MSMEs, startups and corporate easy money management for employees, customers and partners.

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