Fincare Small Finance Bank collaborates with Mastercard to introduce a debit card

July 31, 2023, Mumbai – Fincare Small Finance Bank today announced its collaboration with Mastercard to launch an all-new debit card with exciting offers for its customers. The collaboration will strengthen the digital-first small finance bank’s ability to provide comprehensive financial products and solutions to its customers, including seamless and secure digital payments.

With a plethora of exciting features, the new Mastercard debit card is designed to make digital transactions safer and more convenient for cardholders. Some of its key benefits include:

·         Global Acceptance: The card will allow its users to transact at innumerable locations around the world.

·         Competitive Interest Rates: Cardholders will be able to enjoy low interest rates on purchases and balance transfers.

·         Rewards Program: Cardholders will be able to earn redeemable points on every transaction.

·         Enhanced Security:  Each time the cardholder transacts using Mastercard’s secured payment network, across channels: ecommerce, point-of-sale terminals thereby ensuring frictionless and safe transaction flow.

·         Personalized Assistance: Cardholders will get round-the-clock customer support.

Picture Caption: Left to Right: Mr. Nilesh Sangoi, CIO, Fincare SFB, Mr. Rajeev Yadav, MD & CEO, Fincare SFB, Mr. Ashish Misra, COO- Retail Banking, Mr Gautam Aggarwal, Division President, South Asia and Country Corporate Officer, India, Ms. Aishwarya Namjoshi, Vice President, Business Development, Mr. Sumeet Kohli, Director, Business Development, South Asia and Mr. Jatinder Mohan Singh Shah, COO- Business Banking, unveiling the new Debit card.

“At Fincare Small Finance Bank, we have followed a vision of offering our customers the finest banking solutions. With the introduction of the Mastercard debit card, we have taken a significant stride towards realizing that vision. This collaboration exemplifies a seamless blend of technology, convenience, and value. We are confident that this new card will become an indispensable aspect of our customers’ daily financial activities, providing them greater ease and confidence while making digital transactions,” said Rajeev Yadav, MD & CEO, Fincare Small Finance Bank.

“Mastercard remains committed to providing innovative financial solutions along with a safe and seamless payment experience to its cardholders. With benefits like global acceptance, competitive interest rates, a generous rewards program, and enhanced security,

the new card proposition enables customers to explore the world of priceless experiences across domestic and international destinations, with benefits spanning travel, dining, shopping and more.  This collaboration with Fincare Small Finance Bank is a testimony to Mastercard’s continuous efforts to provide something special to its cardholders,” said Gautam Aggarwal, Division President, South Asia at Mastercard.

Fincare Small Finance Bank has a network of 1,231 outlets spread across 19 states and three union territories, covering 338 districts and 57,186 villages. The bank serves over 42 lakh customers and has a workforce of over 14,000 employees.