Razorpay, Visa tie up to help small businesses tackle Covid impact

Fintech unicorn Razorpay has partnered with global payments technology company Visa to launch RazorpayX Corporate Cards. These bank-issued cards will help provide relief and stabilize the financial operations of severely impacted business owners of start-ups and small and medium enterprises, who are grappling with a chaotic economic environment.

With a higher credit limit as compared to other corporate and personal cards, the company said RazorpayX’s corporate cards will empower founders to free up working capital expenses with zero personal risks and liability. It would also provide a convenient repayment offering of up to 45 days of interest-free credit.