Fintech major Paytm is joining hands with India's largest private lender HDFC Bank to co-brand a credit card powered by Visa.
The finance giants said that the October launch is planned to tap into potentially higher consumer demand for credit card offers, EMIs and buy now pay later options, with the full suite of products to be on offer by the end of December 2021.
HDFC Bank and Paytm will introduce business credit cards across customer segments, with special focus on millennials, business owners and merchants.