Isracard Launches Comprehensive Business Account for Small and Self-Employed in Haredi Sector

Isracard has introduced "The Business Account," a digital platform designed to streamline financial management for self-employed individuals, exempt traders, micro-entrepreneurs, and small business owners in the Haredi community. The service consolidates all business activities into one mobile-accessible solution, including payment acceptance, fast clearing, digital invoice generation, a dedicated business credit card, and an additional non-bank credit line.

This platform addresses common challenges faced by many in the Haredi sector, such as event producers, photographers, scribes, graphic designers, parenting coaches, consultants, and catering business owners, who often juggle multiple tools and manual bookkeeping methods. By separating personal and business finances clearly from the start, the account helps reduce administrative burdens and provides clearer cash flow visibility, which is essential for business growth and stability.

Users can send payment requests via SMS or email, process credit card charges, and receive automatic digital invoices and receipts without needing external software or extra costs. The business credit card enables controlled expense management, while the additional credit line offers financial flexibility without impacting personal banking limits.

In light of labor market changes and reforms encouraging independent work, such as the "micro-entrepreneur" reform and tax authority adjustments for exempt traders, Isracard’s solution meets the growing demand for centralized financial oversight. New customers who join by the end of 2026 benefit from a special offer of two years free of payment account fees. The onboarding process is fully digital and quick, allowing business owners to focus on their professional services and business growth with peace of mind.