@admin update poll please
Kiwi Credit Card, Next Month?
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As per their statements, product is only on paper yet 👀 , It'll get ready in 20-30 days.
So we can assume, next month 🎯.
Key Notes :
• Planning to hit 1 Million users in next 18 months.
• Anyone can use their Kiwi app for UPI like Paytm, Phonepe etc
• They'll also add inbuilt utility payments option and other things
Revenue Model :
Even founders didn't say anything on this but it's clear from point 2 & 3 that they'll cross sell other products, create revenue via utility payments etc. using SMS data, transaction pattern, balance history etc as Paytm & other platforms do.
P.s. - This is all my observation 👀, you can also add your opinion in comments.
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Bramhchari_dRv wrote:Yeh poll ka LOL bann gaya. 😀@admin update poll please
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None of these apps have any model. They are just to launder investor's money
Credit card platform Kiwi raises $6 million in funding to take on ‘credit on UPI’ offering
Read more at:
https://yourstory.com/2023/04/funding-credit-card-platform-kiwi-pre-seed-round
Transaction rewards will not be applicable on the below category/type of merchants Fuel, Rentals, Repayments of loans, Jewelry, Cash Withdrawal, Wallet load, Insurance, Education, Government Services, Utility payments, EMI, Purchases converted to EMI post the transaction is complete, Payment of card fees, card bill payments etc. The Category of the merchants will be defined by the Merchant category code received by us in the transaction.
Max cap on rewards is 1% of the Total credit limit on the card
rakhee4java872 wrote:YupMax cap on rewards is 1% of the Total credit limit on the card

