YES BANK & Zaggle unveil next gen ‘Corporate Credit Card’

By Gloria Mathias

YES Bank has launched an innovative co-branded Corporate Credit Card in collaboration with Zaggle, a spend management platform.

With the YES Bank Zaggle Corporate Credit Card’, the proposition marks a step in YES BANK’s journey towards ushering in a digital revolution by empowering businesses to reimagine their payment processes, streamline reconciliation, and efficiently manage company expenditures.

The card will empower businesses to bring in greater cost efficiencies by facilitating integration with Zaggle’s ZatiX, a spend management and analytics platform, allowing corporations to optimise cash outflows.

The YES BANK Zaggle Corporate Credit Card presents an innovative solution by granting businesses direct authority over company expenses. This includes setting individual spending limits, placing merchant category restrictions, and implementing various other controls. Moreover, cardholders are entitled to a range of exclusive benefits, spanning from rewards and golf privileges to lounge access and travel insurance.

Rajan Pental, Executive Director, YES BANK said, “The partnership with Zaggle enables businesses to bring in operational efficiencies by allowing them to undertake banking transactions, manage company expenditures as well as keep track of all business-related overheads on a single platform. The co-branded card is a compelling proposition that offers upfront savings on business spending, along with the privilege of offering rewards on both spends and repayments on a large list of business expense categories. We will continue to explore avenues of co-creating more of such innovative propositions.”

Avinash Godkhindi, MD & CEO, Zaggle said, “The corporate T&E space is ripe for disruption as businesses increasingly demand real-time analytics to better manage spends, an industry needs that we believe remains unmet. Zaggle ZatiX, deeply integrated with the YES BANK Zaggle Corporate Credit Card, aims to address this need, to empowering businesses, and provide CFOs with the certain tools they need for intelligent spend decision-making to assist with strategically controlling costs and optimally managing cash flow. Zaggle ZatiX a spend management and analytics platform, which helps businesses to bring in greater cost efficiencies.”