PhonePe, SBI Card launch co-branded credit cards

PhonePe has teamed up with SBI to launch two co-branded credit cards, the PhonePe SBI Card PURPLE and the PhonePe SBI Card SELECT BLACK.

The tie-up is intended to provide the customers with a hassle-free digital payment process.

The card has been developed with the intention of rewarding users with benefits and convenience.

The card will be accepted at multiple merchants and online shopping platforms.

The alliance reinforces PhonePe's role in the payments space.

PhonePe is a popular Indian digital payments and financial services app. It allows users to make various online and offline payments, including mobile recharges, bill payments, money transfers, and purchases at various online and offline stores.

PhonePe also offers investment options like mutual funds and insurance plans, as well as features like pre-approved personal loans.