Axis Bank one of the largest private sector banks in India has partnered with Fibe (formerly known as EarlySalary) to launch India’s first ever numberless co-branded credit card for tech-savvy Generation Z individuals.
This new numberless credit card will help the users to enhance security by removing the details of card number, expiry date, and CVV which are printed on the physical card. Hence this initiative will help to reduce the risk of identity theft.
The numberless credit card also has other interesting features like it offers a cashback of flat 3 per cent on online food delivery across all restaurant aggregators, local commute on leading ride-hailing apps and entertainment on online ticketing apps. In addition, beneficiaries will also get a 1 per cent cashback on all online and offline transactions.
