Walmart-owned Flipkart on Wednesday stated it’ll provide credit options thru 17 banks, NBFCs and fintech players a good way to drive credit accessibility for clients in the course of the approaching festive season.
The e-commerce company has partnered with State Bank of India and with SBI Card, India’s biggest pure play credit card issuer – to offer each their Debit and Credit playing cards holders a 10% immediately discount.
Also no fee EMI could be to be had for Bajaj Finserv EMI card holders throughout a extensive variety of products. With the newly released OTP-primarily based authentication process, clients could be capable of avail friction-much less and hassle-unfastened credit score for his or her purchases.
Flipkart has additionally announcced its partnership with Paytm, wherein it’s miles providing extra fee to customers with confident cashback on wallet & UPI transactions. This will resource in quicker checkouts, specially in the course of the much-awaited flash sales
With the release of Kotak Mahindra Bank and Federal Bank Debit Card EMI fee option, clients can now avail pre-accredited credit from 7 main banking and fintech gamers
Flipkart has additionally introduced that during phrases of coverage, clients can shield themselves towards cyber frauds with the Digital Suraksha Group Insurance, in partnership with Bajaj Allianz GeneralInsurance Company.
Flipkart is likewise launching a Gift Card Store catering to patron desires throughout 60 manufacturers which include Joyalukkas, Kalyan Jewellers, Croma, FabIndia and KFC, amongst others. To allow the acquisition of gift cards (Digital & Physical) in the course of the festive season, Flipkart could be providing a reduction of as much as 10%.
Ranjith Boyanapalli, Head – Fintech and Payments Group at Flipkart, stated, “At Flipkart,patron-centricity is at the heart of all our endeavours, as we create accelerated shared fee for all our stakeholders and companions withinside the ecosystem.”
“By facilitating credit and coverage access, and simplifying bills for over 250 million clients throughout the country, we’re reinforcing our dedication to assisting satisfy their aspirations with out the weight of financialconstraints. Through those partnerships and their expansion, we are hoping to take the promise of The Big Billion Days to extra clients to allow significant growth.”
