Money & Banking

Federal Bank partners OneCard for mobile-first credit card

Our Bureau Mumbai | Updated on September 22, 2021

Targets young, tech-savvy population

Federal Bank on Wednesday announced a tie-up with OneCard for a mobile-first credit card that targets the country’s young, tech-savvy population.

It will target young working professionals aged 23-35, primarily representing the millennials and Gen Z, it said in a statement.

Mastercard ban fallout: YES Bank partners with Visa for credit cards

The mobile-first credit card offers in-app on-boarding, whereby the virtual card can be activated and used instantly, while the metal card is delivered to the customer in three to five days, it added. The cards will be powered by Visa.

HDFC Bank, Paytm set to launch co-branded credit cards

The bank is betting on the retail portfolio and anticipates a peak in consumer credit this festive season on the back of an economic revival.

Published on September 22, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like