Mastercard and BOB Financial launch SME-focussed credit card 'ConQR'

Mastercard and BOB Financial launch SME-focussed credit card 'ConQR' BOB Financial is the credit card arm of Bank of Baroda 'ConQR' credit card will have a Bharat QR code on the card face ConQR enables cardholders/SMEs to accept cashless payments Small businesses can use the QR facility to make and receive payments It will help banks displace cash and strengthen the cardholder relationship It will also reduce the operational costs with fewer chargebacks Thus, banks can achieve increased revenue from electronic payments IThe initiative intends to bring convenience, simplicity and security to consumer transactions

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