CURRENT AFFAIRS : BANKING & FINANCE
Credit card platform Kiwi launches ‘credit on UPI’ service
- Kiwi, a ground-breaking credit card platform, has launched its all-inclusive “Credit on Unified Payments Interface (UPI)” customer solution.
- The solution has been certified by the National Payments Corporation of India (NPCI), making Kiwi the first app in India to provide “Credit on UPI” by issuing Rupay Cards in collaboration with banks.
- The launch of this solution is a significant move by Kiwi towards creating one of the most comprehensive direct-to-consumer (D2C) models in the credit market.
