Axis Bank: On the partnership with the bank, Akshay Mehrotra, CEO and Cofounder of Fibe, said that our aim is to empower our customers with a secure payment system with the convenience of UPI payments, thereby setting a new benchmark in the credit card business. Could.
Fintech company Fibe, formerly known as Early Salary, has planned to launch India’s first numberless credit card in partnership with Axis Bank. With this card the customer will be able to get a more secure card. Because, no number will be printed on this card. Neither expiry date nor CVV number will be printed. Both the companies have given this information in a joint statement.
According to the card issuing company, this card will reduce the risk of identity theft and will also eliminate the fear of unauthorized access to anyone’s card. Because of which customers will get complete security and privacy. Customers can also easily get the details of their FIBE Axis Bank Credit Card through the FIBE app.
Many different features are also being provided on this branded credit card. One of which is flat 3% cashback on online food delivery service. This feature will also be available on booking through ride-offering apps and online ticket platforms for entertainment. Apart from this, one percent cashback will also be available on all online and offline transactions.
UPay can also be linked to this credit card powered by RuPay. The card will be accepted on all offline and digital platforms. According to the information, Tap Ant Pay feature is also provided on the card. Not only this, zero signing fee and zero annual fee has been kept on the card. This card is available to more than 2.1 million existing customers of Fibe.
Under some other facilities, the card will allow access to four domestic airport lounges every year. Also includes Axis Dining and Wednesday Delights along with fuel surcharge waiver for fuel spends between Rs 400 and Rs 5,000.
On the partnership with Axis Bank, Akshay Mehrotra, CEO and Cofounder of Fibe, said that our aim is to empower our customers with a secure payment system with the convenience of UPI payments, thereby setting a new benchmark in the credit card business.
Already popular among Celrid professionals, Fib is now entering the broader credit card market. It raised $110 million in its Series D funding last year and is now expanding its reach and launching new offerings. The fintech was recently awarded the title of Best Startup in Fintech at the G20 Digital Innovation Alliance Mega Summit.