Current Affairs - Banking - Discussion

Punjab National Bank (PNB), in partnership with Zaggle Prepaid Ocean Services Ltd., launched India's first co-branded biodegradable twin credit cards in June 2026. Manufactured using biodegradable materials, these cards promote sustainability while offering users access to both Visa and RuPay networks through a twin-card proposition. Customers benefit from global travel privileges, UPI-enabled payments, discounts on jewellery purchases, fuel surcharge waivers, complimentary airport and railway lounge access, OTT subscriptions, fitness memberships, and insurance coverage. The initiative combines environmentally friendly innovation with digital convenience, as card applications and management are handled through the Zagg. money mobile application.