Source: ETtech
Freecharge’s credit card comes with 50 days’ credit period and is accepted across ecommerce platforms, with exclusive access to deals across categories.
Digital payments company Freecharge has launched a digital credit card powered by Axis Bank in order to enable easy access to credit for digital natives. This card is aimed at the aspirational young consumer who will get access to easy cash through the card.
Freecharge’s credit card comes with 50 days’ credit period and is accepted across ecommerce platforms, with exclusive access to deals across categories. The online transactions can also be converted to EMI as per their convenience.
“We will keep coming up with products and solutions that befit the need of the new age customer, based on their interests and affinities. Our entry into this space is driven by the quintessential requirement of easy availability of credit that allows the aspirational millennial to take spontaneous and independent decisions,” said Siddharth Mehta, CEO, Freecharge.
The company said, with an easy-to-use interface, customers can get their digital credit cards by just entering their details on the Freecharge app, which will enable a Visa credit card instantly on their mobile phones. Thereafter, they can start making online purchases on any ecommerce platform and also repay credit card bills.
