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Samsung forays into finance, launches credit card

September 27, 2022

Samsung forays into finance, launches credit card
South Korean electronics maker Samsung, in partnership with Axis Bank, launched Visa-powered Credit Card in India. The card will allow customers to avail of a 10 per cent cashback across all Samsung products and services throughout the year. It will be over and above the existing Samsung offers, on both equated monthly instalment (EMI) and non-EMI transactions.

“We’re excited to be able to put the control into our consumers’ hands,” Ken Kang, president and CEO for South-West Asia, Samsung, said at the launch of the card.

The cashback will be available on all Samsung products, including smartphones, tablets, laptops, televisions, refrigerators, ACs, and washing machines. The cashback will also be eligible for Samsung services like service center payments, Samsung Care+ mobile protection plans, and extended warranties.

The 10 per cent cashback benefit will be available around the year.

The cashback will be applicable online on Samsung web portal, Samsung shopping, and Flipkart. It will also be applicable at select offline channels selling Samsung products through Pine Labs and Benow payment interfaces. The cashback can also be availed at authorized Samsung Service Centers through both offline and online modes.

There are two variants of the card that are being made available to the public, Visa Signature and Visa Infinite.

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