National, 4 September 2023: Indian Bank, a leading public sector bank in India, has announced its partnership with OneCard, aimed at introducing state-of-the-art, mobile-first, contactless, metal co-branded credit cards. This partnership seeks to provide an unparalleled seamless credit consumption experience to the digitally-savvy consumers in the country.
Backed by an intuitive mobile app, this partnership will empower users with full digital control over their credit card interactions — ranging from real-time transactions tracking, spends management, EMI conversion, reward redemption, repayments, monthly budget planning to credit limit adjustments and seamless payments, all in-app. Fuelled by cutting-edge technology, this international metal credit card is loaded with features and curated to offer a host of tailored benefits, including lifetime validity with zero joining and annual fees.
The card follows the principles of simplicity, transparency, and giving back control to the consumer by allowing card holders to oversee/track every facet of their credit card interactions in the feature-packed app.
Vikas Kumar, Chief General Manager (Retail & MSME) of Indian Bank said,
“Indian Bank, recognized for its commitment to embracing technological advancements, continues to prioritize delivering customers a smooth, digitally centred experience. The bank’s reputation as a significant technology contributor within the banking industry highlights its commitment to fostering innovation. Bank is entering into partnership with different Fintechs to offer state-of-the-art technology to its customers. Our moto is to bring the best innovation and technology in our offerings, be responsive to the unique need of each customer through all channels of choice, to provide value to the stakeholders and to empower and engage our employees.”
Anurag Sinha, Co-founder & CEO of OneCard said, “We are thrilled to collaborate with Indian Bank and cater to the mobile-native generation in the country. This partnership is a testament to our commitment to re-imagining and redefining credit offerings by bringing together the strong balance-sheet and long-standing brand & trust of a large public sector bank and our approach of thinking from first principles, to offer highly tech-enabled, customized credit solutions to the customer. This association further fuels our vision of proliferating a digital credit consumption experience, powered by our intuitive app.”
About OneCard: OneCard is a mobile-first metal credit card launched and managed by FPL Technologies in partnership with issuer banks. FPL Technologies was founded by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi, who come from banking backgrounds with deep expertise in payments, credit and building & scaling digital businesses. FPL is on a mission to re-imagine credit and payments from first principles.
OneCard can be downloaded from www.getonecard.app