Samsung launched two credit cards in India

Share via:

Samsung has launched two credit cards in India, joining a crowded category in which more than 50 companies compete for consumers’ attention in the world’s second largest internet market.

The South Korean conglomerate announced a partnership with Mumbai-based Axis Bank and global payments processor Visa to launch the cards, dubbed the Samsung Axis Bank Credit Card. Customers who purchase Samsung products and services using either of the cards will receive a 10% cashback “all year,” according to company executives at an event in New Delhi. (The Signature card has a monthly cap of 2,500 Indian rupees ($31), whereas the Infinite card doubles that limit.) The cashback is capped at 10,000 Indian rupees ($123) per year on the Signature card and 20,000 Indian rupees ($246) on the Infinite card.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Samsung launched two credit cards in India

Samsung has launched two credit cards in India, joining a crowded category in which more than 50 companies compete for consumers’ attention in the world’s second largest internet market.

The South Korean conglomerate announced a partnership with Mumbai-based Axis Bank and global payments processor Visa to launch the cards, dubbed the Samsung Axis Bank Credit Card. Customers who purchase Samsung products and services using either of the cards will receive a 10% cashback “all year,” according to company executives at an event in New Delhi. (The Signature card has a monthly cap of 2,500 Indian rupees ($31), whereas the Infinite card doubles that limit.) The cashback is capped at 10,000 Indian rupees ($123) per year on the Signature card and 20,000 Indian rupees ($246) on the Infinite card.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Tony Fadell-backed Plumerai brings on-device AI to home security...

On Wednesday, some Harvard students made headlines by...

What is a rug pull in crypto and 6...

Ever heard of crypto rug pulls? Find out...

Coding Is Getting Cheaper, And So Are Coders 

In the last two years, there has been...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!