Amazon Pay and Kotak Launch Business Card with 5% Cashback

Amazon Pay and Kotak Mahindra Bank have introduced a new business-focused credit card designed to cater to the growing needs of Indian entrepreneurs and self-employed professionals. The Amazon Pay Kotak Business Card combines cashback rewards with flexible payment options to enhance spending power for business owners.

The card offers 5% cashback on eligible purchases, providing direct value to business users managing operational expenses. Cardholders will benefit from an extended 48-day credit period, allowing businesses to manage cash flow more effectively before settling payments. The card also includes no-cost EMI options on select transactions, enabling business owners to spread larger purchases across manageable monthly instalments without additional interest charges.

The partnership leverages Amazon Pay's digital payment ecosystem alongside Kotak Mahindra Bank's lending capabilities, bringing together two established players in India's fintech and banking sectors. The card is aimed at micro, small, and medium enterprises (MSMEs) as well as individual business proprietors seeking rewards and credit flexibility.

The launch reflects growing competition among Indian financial institutions to capture the business credit market, with multiple banks and fintech companies rolling out specialized cards for entrepreneurs. Business credit cards have gained traction in India as more companies seek digital payment solutions with integrated rewards and financing options tailored to commercial spending patterns.