MobiKwik is all ready to work with card network American Express to introduce 1 lakh credit limit in the cards.
MobiKwik said that we are doing this because we want to increase the company from a wallet operator to financial services-led fintech.
The users will get instant credit on their prepaid card for up to Rs 1 lakh, which will be underwritten by MobiKwik.
Here are the steps to apply for the MobiKwik Blue American Express Card:
1. App should be downloaded on the phone
2. Then just register by login or sign up and then OTP will show up.
3. There will be a logo of the American Express card at the top corner you just have to click on that button to activate it.
4. The card offers value to the customers in the form of Rs 10,000 in credit limit.
There are some extra benefits for Diwali shopping.
Already there are almost 2 lakh American express card booked within a month of its launch.
The head of the American express company said: we are so happy working with MobiKwik for the Blue Card which furthers the “Digital First” agenda.
In 2009 MobiKwik was launched and is one of the largest payments networks in India.
Check all the recent news updates and share market updates