HDFC Bank ties up with Paytm to launch co-branded credit cards in October 2021

HDFC Bank ties up with Paytm to launch co-branded credit cards in October 2021

HDFC Bank ties up with Paytm to launch co-branded credit cards in October 2021

  • HDFC Bank has announced its partnership with leading payments company Paytm, to offer co-branded credit cards on the Visa platform to businesspersons, millennials and merchants.
  • The HDFC Bank-Paytm co-branded credit cards will be launched in October 2021, during the festive season..
  • The collaboration between HDFC Bank and Paytm is part of the strategies of the HDFC Bank to regain its lost market share in the credit card space due to the ban imposed on it by RBI for eight months as penalty, following several outages in its digital offerings.

Points to Remember:

  1. HDFC Bank has tied-up with which company to launch co-branded credit card from October 2021?
  2. The HDFC Bank-Paytm co-branded credit cards is based on which platform? Visa

Source: Business Standard

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