Axis Bank on Monday announced the launch of its ACE Credit Card in India in collaboration with Google Pay and Visa.
The card meant to help with digital payments. From application to issuance, with the entire user journey for the credit card application will be done digitally.
For essential use cases, including mobile recharges and bill payments made via Google Pay, users can earn a cashback.of 5 per cent. The company is also offering 4 per cent-5 per cent cashback for expenses on food ordering, online grocery delivery, cab rides for transactions made on partner merchant platforms such as Swiggy, Zomato, BigBasket, Grofers and Ola.
There is also an unlimited 2 per cent cashback on other transactions (terms and conditions applied).
“Users will be able to get cashback directly into their ACE Credit Card accounts. The tokenization feature enabled in partnership with Visa will allow Google Pay users to use