{"id":7752,"date":"2022-03-28T18:49:03","date_gmt":"2022-03-28T13:19:03","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=7752"},"modified":"2025-03-28T09:29:07","modified_gmt":"2025-03-28T03:59:07","slug":"razorpayx-corporate-cards-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/razorpayx-corporate-cards-all-you-need-to-know\/","title":{"rendered":"Everything you need to know about RazorpayX Corporate Cards Powered by SBM"},"content":{"rendered":"

During the pandemic in 2020, a lot of businesses either started their first online marketing campaigns or scaled them to make them more consistent. Not only that, many businesses scaled the usage of SaaS tools and cloud servers that make operations much easier.\u00a0<\/span><\/p>\n

This is a story of how we reimagined RazorpayX Corporate credit Cards<\/a> for every business that went through this transition. RazorpayX Corporate Cards are developed in association with SBM India, one of the biggest banks in APAC.<\/span><\/p>\n

\u201cWith RazorpayX corporate cards, we hope to solve the problem of access to finance for business owners and help improve their cash flows. The pandemic has led to a new wave of entrepreneurs and small businesses. We believe financing solutions like these will reignite innovation that can speed up the recovery of the Indian economy.<\/em>\u201d – Harshil Mathur, CEO and Co-founder, Razorpay<\/span><\/p>\n

To begin with:\u00a0<\/span><\/p>\n

What is a RazorpayX Corporate Card?\u00a0<\/span><\/h2>\n

A RazorpayX Corporate Card is a type of credit card issued to businesses. The business owner can choose to extend the card to their employees as well to help create a seamless reimbursement experience by applying for Add-on Cards. This way, they don\u2019t have to use their personal funds to pay for business-related expenditures and then, go through with the reimbursement process.\u00a0<\/span><\/p>\n

The card increases a company\u2019s purchase power while improving the cash conversion cycle with short-term credit at no cost (zero interest).\u00a0<\/span><\/p>\n

Some expenses such as SaaS subscriptions, cloud services, and marketing expenses can only be done with a credit card. With RazorpayX Corporate Cards, you also get a higher credit limit than personal cards to be able to make all business expenses without affecting personal liability<\/a>.<\/span><\/p>\n

Apart from helping manage finances, these cards make compliance and reporting much easier for a growing business that needs to focus on the core business. They also have various perks to offer in terms of rewards and lower charges for international transactions.<\/span><\/p>\n

Try now!<\/a><\/div>\n

How do RazorpayX Corporate Cards work?<\/span><\/h2>\n

A RazorpayX Corporate Card works pretty much like any other credit card. It can be used to make online payments as well as purchases at a PoS in brick-and-mortar. These payments get registered to the company\u2019s statements, while the owner\u2019s or employee\u2019s personal funds don\u2019t get tangled up in the process. The card typically has the name of the company or the cardholder.\u00a0<\/span><\/p>\n

Why do you need a RazorpayX Corporate Card?<\/span><\/h2>\n

Lately, RazorpayX Corporate Cards have seen a surge in demand because of the evolving needs of Indian businesses. Below are some of the reasons why you should consider getting a RazorpayX Corporate Card for your business:\u00a0<\/span><\/p>\n