Fintech startup Fibe launches numberless co-branded credit card with Axis Bank
fintech startup Fibe (formerly known as EarlySalary) said on Tuesday that it has partnered with Axis Bank to launch a numberless credit card.
The card is powered by RuPay, which allows the customer to link it with the Unified Payments Interface (UPI) system.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitWith a numberless credit card, customers get an added level of security as there is no card number, expiry date or CVV printed on the plastic, the company said in a statement. This reduces the risk of identity theft or unauthorised access to a customer’s card details, ensuring absolute security and privacy, it added.
Fibe said card users can access their credit card details on its app.
The co-branded card offers features such as flat 3% cashback on online food delivery across all restaurant aggregators, ride-hailing apps and online ticketing platforms.
In addition, customers also get a 1% cashback on all online and offline transactions.
It also offers the tap-and-pay feature and has no joining or annual fee through its lifetime.
Other features of this card include access to four domestic airport lounges, a fuel surcharge waiver as well as RuPay portfolio offerings.
The card is accepted across all offline stores in addition to all digital platforms, the company said. It will be available to Fibe’s more than 2.1 million customers, it added.
This comes after ET reported in May that fintech players such as Fibe
