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In the year ended FY22, the company has an Indian market share of 95% of all the Indian issued credit and debit card access to airport lounges. [ 12 ] In the second quarter of FY23, the company recorded a profit of ₹ 14.78 crore (equivalent to ₹ 16 crore or US$1.8 million in 2023).
Airport lounge access: Access to over 1,300 lounges through Priority Pass Select. Bonus: Earn 60,000 bonus points after spending $4,000 on purchases within the three months of account opening.
Around 77.7 crore (777 million) Indian consumers shopped cross-border in 2021. To make payments easier, NPCI International Payments Limited (NIPL) signed a memorandum of understanding (MoU) with UK-based PPRO Financial on 17 November 2021 to expand the acceptance of RuPay in foreign markets, especially in China and United States, which account for half of all international transactions coming ...
National Common Mobility Card (NCMC) is an open-loop, inter-operable transport card conceived by the Ministry of Housing and Urban Affairs under Prime Minister Narendra Modi's ‘One Nation, One Card' vision. [1] It was launched on 4 March 2019. The transport card enables the user to pay for travel, toll tax, retail shopping and withdraw money.
The program started adding services at airports other than lounges in 2017, such as airport hotels, [3] bars and restaurants. [ 1 ] [ 4 ] [ 5 ] As of 2017, an increasing number of lounges were reportedly denying lounge access to Priority Pass members, with overcrowding being provided by lounges as a reason for turning away the members. [ 6 ]
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Consumer credit card debt in the United States exceeds $1 trillion as of the second quarter (Q2) of 2023, according to the Federal Reserve Bank of New York.The average American credit card debt ...
An airport lounge in the Adolfo Suárez Madrid–Barajas Airport. An airport lounge is a facility operated at many airports.Airport lounges offer, for selected passengers, comforts beyond those afforded in the airport terminal, such as more comfortable seating, [1] [2] quieter environments, and better access to customer service representatives.