PNB Joins Hands with Kiwi for UPI Credit Revolution
The Punjab National Bank has partnered with Kiwi to launch the PNB Kiwi Credit Card on the RuPay network. This card integrates UPI capabilities to offer streamlined credit transactions and cashbacks, catering particularly to underserved regions. The collaboration underscores PNB's commitment to promoting digital payments across India.
- Country:
- India
Punjab National Bank has teamed up with Kiwi to introduce a new credit card designed for UPI-enabled transactions. Dubbed the PNB Kiwi Credit Card, this RuPay network card simplifies digital payment experiences with features like digital onboarding and cashback rewards.
The collaboration targets PNB's vast customer base of 180 million, with a significant portion in semi-urban and rural areas. The partnership intends to broaden credit access to underserved communities and accelerate the adoption of digital payment systems nationwide.
Bank Executive Director Bibhu Prasad Mahapatra remarks that as UPI continues to reshape India's payment landscape, the introduction of this credit card represents a major advance in providing financial flexibility and enhancing consumer spending capabilities.
(With inputs from agencies.)
- READ MORE ON:
- PNB
- Kiwi
- UPI
- credit card
- RuPay
- digital payments
- India
- financial flexibility
- cashback
- underbanked
ALSO READ
India's Reform Express: PM Modi Calls for Enhanced Swedish Collaboration
India and Sweden Forge Strategic Partnership in New Era of Cooperation
India and Sweden Forge Strategic Partnership: A New Era of Collaboration
Strengthening Ties: Modi's Call for Swedish Innovation in India
India and Sweden Forge Strategic Partnership in Landmark Agreement
Google News