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ICICI Bank inks pact with KredX

09 Apr 2022 Evaluate

KredX, India's largest supply chain finance company, has partnered with ICICI Bank to offer 'ICICI Bank - KredX Commercial Card', for B2B payments. The first-of-its-kind cashback card is an exclusive offering by KredX that enables businesses to avail financial rewards instantly for all B2B payments, without incurring any additional cost. This partnership creates a unique offering to empower B2B payments by solving the complexities associated with these payments, especially vendor payments across segments.

The commercial card offers a simple payment process on the unified platform of KredX. It provides a single view dashboard for all the payment transactions and a management interface. Thus, providing business efficiency and added financial benefits with the cashbacks that complements the efforts of businesses for B2B payments.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 719.55
ICICI Bank 1355.70
Axis Bank 1233.25
Kotak Mahindra Bank 413.75
Indusind Bank 965.40
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