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LazyPay forays into card segment, Launches Lazycard
January 12, 2022
LazyPay, India’s preferred Buy Now Pay Later arrangement by PayU Finance, today announced its partnership with SBM Bank India to launch LazyCard, a prepaid payment instrument backed by a credit line, foraying into the card segment. The card targets empowering financially underserved Indians with easy access to credit.
Powered by Visa and SBM Bank India, LazyCard is worked with a strong prizes structure, making an incentive for clients in each transaction by offering bigger, better cash back rewards and offers more than ever. Carefully connected to the LazyPay application, the card uses strong technology to guarantee security and an issue free experience with managing payments.
Accessible to the 62 million pre-endorsed clients of LazyPay, LazyCard will engage clients with a credit cutoff of up to INR 5 lakh. Shoppers might profit the card at zero joining fee and zero yearly charge. It additionally offers clients various value-based advantages and prize acquiring potential, for example, welcome prizes, maintenance rewards and Visa Platinum Rewards as cashback.
The credit line given by LazyCard is additionally helped by the prizes got on each transaction. Clients have a chance to make 1% to 5% cash back on each transaction, making it perhaps the most rewarding cads available in the market.
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