What is Axis Bank Fibe Numberless Credit Card? Know its Features, What is Fibe? and much more...
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More than 86 million users use credit cards in India. This number can grow rapidly in upcoming years. People admire the perks that come with the credit card. However, it can be a bit daunting to avoid fraudsters from misusing credit card information shared on e-commerce portals. Therefore, Axis Bank is ready to provide India’s first numberless credit card with Fibe.
Axis Bank is one of the leading private banks in India. It is collaborating with Fibe to launch the first numberless credit card in India. It will make credit card transactions much safer for Axis Bank customers. The card will not have any number, CVV, or expiry date written over it. Thus, unauthorized users will not be able to misuse the card owner’s details. Continue reading to learn what is Axis Bank Fibe numberless credit card and how it is safer.
A numberless credit card is a perfect alternative to traditional credit cards. It is much safer and perfect for India’s tech-savvy users. It protects users’ financial interests by hiding card number, CVV, and expiration date. That added security assures the user that no unauthorized user can misuse the card, even if stolen or dropped.
The new Fibe credit card eliminates the risk of identity theft. Even if someone finds your credit card and tries to use your credit, it will not be possible. The creative design of this new type of card ensures you get the privacy and security regular credit cards fail to deliver. Millions of Axis Bank customers will take advantage of this new solution.
Sanjeev Moghe is the president and head of Cards & Payments at Axis Bank India. He believes the numberless Axis Bank card will benefit all those customers, prioritizing security over other things. It will deliver robust protection against credit card fraud and entertain thousands of young users, who may get a bit careless with their cards.
Let’s explore Axis Bank Fibe numberless credit card feature and benefits:
SecurityCalling Axis Bank Fibe numberless credit card the safest one of its kind won’t be wrong. As stated by Sanjeev Moghe, this card will prevent unauthorized access to users’ credit cards. the card will only contain the user’s name. It will be a perfect solution for users, who do not wish to face losses due to mistakenly losing the card.
Credit card users will get a 3% reward on ordering food online through local restaurants and food aggregator platforms. It will also provide appealing rewards for paying transportation rentals. Users can attach their cards to their favorite ride-sharing app and pay through it. They will get regular returns on payments made through the card.
It is one of the most lucrative Axis Bank Fibe numberless credit card benefits that will draw more customers to the Axis Bank. Rewards on online shopping and in-person purchases also make this numberless credit card pretty useful for customers.
Axis Bank Fibe numberless credit card users will be able to link their credit card to the UPI account. It will make digital payments faster and easier. Users will not face offline-server-related problems and make payments rapidly.
The card will also work on all point-of-sales systems. Physical cards will allow users to make in-person payments quickly.
Do you find it irritating to scan the card and then enter the password to make the payment? Axis Bank’s numberless card will be a perfect solution to this problem. You can tap the card on the card processing machine to make an instant payment. It will work as efficiently as other top-rated cards provided by Axis Bank.
As per available details, Axis Bank will not charge any fees on this card. There is no annual fee and users will not pay the cost of initiation. This card will be one of the most pocket-friendly credit cards used by Indian users.
Being a RuPay-powered credit card, Axis Bank and Fibe’s numberless credit card will be a perfect pick for UPI payments. Users can only link RuPay-powered credit cards to the UPI. Therefore, it is another perk for Axis Bank users who could not link their credit cards to UPI before.
Fibe used to be known as Early Salary. It is one of India’s leading fintech companies. This firm focuses on serving young Indian professionals, who often do not get a positive response from traditional creditors.
Over 10 million users have used the Fibe application on their mobile devices. It has approved over 4 million loans to young Indian users. The official website shows that the company has disbursed over 10,000 Crore rupees as a loan. Essentially, Fibe is helping users who are not ideal customers for traditional banks. Akshay Mehrotra is the CEO and co-founder of Fibe.
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Q: When was Fibe founded?
A: Fibe (Early Salary) was founded in 2015 in Pune by Akshay Mehrotra and Ashish Goyal.
Q: Why should users opt for a numberless credit card?
A: It will eliminate the risk of losing money due to losing the card.
Q: Who will be Axis Bank’s target customers for numberless credit cards?
A: It is collaborating with Fibe, which focuses on young users. Therefore, Axis Bank may launch a new numberless credit card specifically for young users.
Q: Who can apply for the Axis Bank Fibe numberless credit card?
A: Any Axis Bank user, who is eligible for a credit card, can apply for the new numberless credit card.
Q: Which Axis Bank cards have zero fees?
A: Axis Bank Insta Easy credit card and Axis Bank Select credit card are lifetime free for users.
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Conclusion
The Axis Bank-Fibe collaboration will be pretty beneficial for Indian users, who seek a safer credit card. You have learned about Axis Bank Fibe numberless credit card feature and benefits. Apply for this card if you want to own a numberless credit card that links smoothly with the UPI.
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