Google Pay Partners With Axis Bank To Launch Credit Card: 5% Cashback On Bills, Food Orders & More!
Axis Bank has now launched the ACE Credit Card, partnering up with Google Pay and Visa.
This card has been launched for the constantly increasing user base of Axis who want to participate in the digital economy.
Read on to find out all the details about Axis Bank’s new ACE Credit Card right here!
Axis Bank Collaborates With Google Pay and Visa; Launches ACE Credit Card
The bank has observed a steady increase in the number of customers preferring to pay digitally, which is the primary reason behind the launch of this card by Axis.
Expecting a much more number for people engaging in online banking and digital economy, the bank has now partnered with Google Pay and Visa to launch ACE Credit Card.
Sanjeev Moghe, EVP & Head, Axis Bank Cards & Payments commented on the collaboration of the bank with Google Pay, “This collaboration and product construct will help us widen our footprint through Google Pay and broaden credit card penetration, contributing to our commitment towards the vision of Digital India and the country’s evolution to a less-cash society”.
What Does The ACE Credit Card Offer?
The users of this card will be able to enjoy cashback and other benefits. If they make any payment towards mobile recharges, bill payments through Google Pay, they will win 5% cashback.
Other daily use categories, which include online food ordering, online grocery shopping, cab rides for transactions made on partner merchants’ platforms such as Swiggy, Zomato, BigBasket, Grofers, and Ola will earn users 4-5% cashback.
Additionally, there will also be an unlimited 2% cashback on all the other transactions, which makes the card the most rewarding one in its segment.
The cashback will be awarded to the users directly into their ACE Credit Card accounts.
There also is a tokenization feature enabled as a part of the partnership with Visa. under this, users will be able to use their ACE Credit Card to transact through a secure digital token that will be attached to their smartphones. This way, there will be no need to physically share the details of their cards.