Kiwi launches Lifetime Free 'Axis bank RuPay Credit card' and ‘Credit on UPI’ | Flat 2% Cashback for Waitlist users
Kiwi launches Lifetime Free 'Axis bank RuPay Credit card' and ‘Credit on UPI’ | Flat 2% Cashback for Waitlist users:
Kiwi App link: https://play.google.com/store/apps/details?id=i...
Flat 2% Cashback for Waitlist users and Flat 1% Cashback on Scan & Pay
Kiwi app is expected to go live by mid May but the website is ready for users to register and join the waitlist
Kiwi will offer RuPay credit card to users to make UPI payments
The leadership expects to onboard 2 Mn users in eighteen months
Kiwi, a credit card platform, has announced the launch of its all-in-one “Credit on UPI,” solution for customers. Certified by the NPCI, Kiwi is the first app in India that will help customers experience “Credit on UPI” by issuing Rupay Cards in partnership with banks.
With this launch, the company aims to create one of the largest direct-to-consumer (D2C) models in the credit market through its mobile application, which offers users the ability to make payments using either a credit card or bank account directly through their phones in a secure manner.
Speaking about the launch, Siddharth Mehta, co-founder, Kiwi, said, “UPI has become the most inclusive mode of payment in India, with over 30 crore unique users and 5 crore merchants onboarded on the platform. With the launch of Kiwi app, for the first time in India, users can now leverage the power of a (RuPay) credit card with the convenience and ease of UPI. Our vision is to enable access to credit on UPI for 1 million users over the next 18 months.”
Kiwi users will be issued a RuPay credit card, digitally and instantly. Post receiving the card, users will be able to link the card to UPI on the app and will be able to use the “Credit on UPI” transactions facility at offline as well as online stores. The Kiwi app will also help users manage their cards with a host of facilities like blocking cards, increasing limits, and making card payments while rewarding them for every transaction.
Praveena Rai, COO, NPCI said, “In our step towards attaining the goal of ‘Digital Payments for All’, Kiwi will be a game-changer in the Indian credit card industry. With the monthly expenditure on UPI P2M transactions amounting to approximately Rs. 3.2 lakh crore, which is almost 2.5x larger than the monthly credit card spends, Kiwi is set to capitalize on a significant untapped market. Looking at the whitespace that Kiwi is addressing, we’re confident that their model will support plenty of Indian credit card users on a daily basis.”
- Groups
-
Finance
-
Credit Card
Deal Wiki
-
Last updated by: Amit.Saha
https://play.google.com/store/apps/details?id=i...
https://gokiwi.in/rewards-p...y/
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..
Same question, is this card any use if u already have Neu rupay?
Still an okay type card.. if someone doesn't have a rupay credit card and tata neu got rejected
But tata neu is not LTF, It got renewal fees
bhai , no credit score wale ko LTF credit card kaun dega ?
FD based credit card like Onecard or IDFC Wow
any rupay backed card ?
Didnt find it so exiting... 2% cashback is only for 6 months ... after that it is 1% cashback... You could get that even from wallet credit through HDFC Millenia
Decent card as it is LTF but not the best for CB. Also scan and pay to be done on kiwi app only.
Ace, infinity, SBI Cashback are better cb cards.
Physical or virtual cc?
benefit kya h ??
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
Got the new update on WhatsApp
For launch
Me too git that in WhatsApp
If I join now, will I get the credit card too?
HDFC tata neu rupay
I think in two weeks of time, 26k waitlist is very discouraging number. It's just like onecard except that rupay scan benefit.
This cc on upi is meant only for merchant transfers right?
It will be another simpl or lazy pay or zupiter .
Your waitlist ID is 30101.
Do check their official website
They have clearly written Credit Card
Axis Kwik Credit Card
Read Point number 3
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
First impression of kiwi - mid tier supoort messaged them on what's app support and they replied after 2 hours asking with hi plz explain the issue which I replied and now waiting since hours.
still application shows in progress, don't forget this is not open for all public at this point.
I won't recommend hitting your cibil for b or c grade services rather go for tata neu even you need to pay joining fee. thanks for coming to my Ted talk
App available on Play Store
Anyone applied for the same ?
Waiting for some updates
Edit
Showing waitlist as usual
I think in a couple of days it will start
Still getting a waitlist screen for me.
Were others who were ahead in waitlist able to apply?
Waitlist sequence decreasing very slowly
Mine is not changing 🫠
Has anyone got hands on this kiwi credit card? How's the experience? Anyone?
A User of Kiwi has posted in another Forum has posted that he used 1 Rupee from his Credit Limit and was not able to repay it 
It's Still in developing mode and Kiwi Management did urgency to bring it to Market without much preparation. 90% applications are declining according to some early aspirants 
The app already got 3-4 updates .
They said the application process ( not early access) will start from first week of june and today already 8th
Bass ye ate hi flop na ho jaye 
Maybe
After Few Months They Also Devaluation Cashback rate
The co-founders of Kiwi are Siddharth Mehta (ex-CEO, Freecharge), Mohit Bedi (ex-Axis Bank & PayU), and Anup Agrawal (ex- business head, LazyPay), all of whom are senior fintech experts and veterans of the banking industry.
The co-founders of Kiwi are Siddharth Mehta (ex-CEO, Freecharge), Mohit Bedi (ex-Axis Bank & PayU), and Anup Agrawal (ex- business head, LazyPay), all of whom are senior fintech experts and veterans of the banking industry.