Kotak Mahindra Bank Limited (“KMBL”/Kotak) in association with METRO Cash & Carry India, India’s leading organized wholesaler and food specialist today launched a new co-branded Credit Card–‘METRO Kotak Credit Card’.This cardwill provide easy, interest-free credit facility,for up to 48 days to over 3 million registered METRO India customers. The card has been launched on the RuPay network.
METRO’s customer base includessmall traders, Kirana owners,MSMEs, small restaurants, HoReCa (Hotels, Restaurants, and Caterers) players,offices, companies, institutions, as well as self-employed professionals.
The new METRO Kotak Credit Card can be used across METRO’s network of 31 wholesale distribution centers (stores) located in 21 cities in India, as well as the METRO Wholesale App– the ecommerce platform. Commenting on the launch, Denny V Thomas, Head – RuPay, NPCI said, “We are happy to work along with the ecosystem to innovate and provide innovative payment solutions which are relevant and useful to all customer segments.”