12 months ago
AU Small Finance Bank Launches Credit Card on UPI
AU Small Finance Bank has launched a new credit card called AU KOSMO, in partnership with Kiwi.
This card is designed to work with UPI, which is a popular way to pay in India.
The card allows you to make payments by scanning QR codes at stores or online.
It offers rewards for spending and has no annual fees.
RuPay credit cards, like the AU KOSMO, are becoming more popular in India.
You can also convert transactions into EMI.
It provides convenience for users wanting to use credit via UPI.
AU Small Finance Bank launched the AU KOSMO Credit Card with Kiwi.
The card is a credit card based on UPI.
The card is lifetime free with no annual or renewal fees.
Users earn rewards called 'Kiwi Rewards' on every spend.
Fuel surcharge waiver of 1% is available on fuel spends.
- Who
- AU Small Finance Bank and Kiwi
- What
- Launched the AU KOSMO credit card
- Where
- India
- When
- Not explicitly stated in the articles.
- Why
- To cater to India's growing preference for UPI in everyday spending.
Key facts
- Card Name
- AU KOSMO Credit Card
- Partnership
- AU Small Finance Bank and Kiwi
- Card Type
- Credit Card on UPI
- Card Network
- RuPay
- Key Feature
- Lifetime free
- Rewards
- Kiwi Rewards on spending
Quotes
Uttam Tibrewal
Executive Director & Deputy CEO, AU Small Finance Bank
“By enabling UPI-based credit transactions at both online and offline merchants, the AU KOSMO credit card caters to India’s growing preference for UPI in everyday spending.”
livemint.com
Mohit Bedi
Co-founder and Chief Business Officer, Kiwi
“Over the past two years, we have witnessed exponential growth in RuPay credit card adoption, usage, and retention.”
livemint.com
Sources
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