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OneCard [a credit card company] is solving your OTP woes

  • finance affairs
  • Oct 14, 2020
  • 2 min read

OneCard - India's Best Metal Credit Card is a product of a Pune based Fintech Startup FPL technologies private limited.

Founded - 2019

Founders - Anurag Sinha , Rupesh Kumar and Vaibhav Hathi

All of them are Ex-ICICI bank employees.

Investors - Sequoia, Matrix partners and Hummingbird.

Basically FPL technologies believe on first principles and currently they have launched two products in the market which are OneCard and OneScore.

On onescore app you can get your credit score for free, payment history and tips to improve your credit score. Their best feature is they're without ads and spam free.

OneCard - a credit card built for mobile generation. OneCard is a Metal credit card, a visa signature card issued in partnership with IDFC FIRST Bank. Their salient features are that there is no joining or annual fees, it is totally free of cost. You can also earn reward points on your every spend.

OneCard has seamless on-boarding procedure and also a powerful mobile app to manage your spend analytics and also you can block/unblock the card from the app itself. Onecard provides very high level of security and also it is PCI-DSS Compliant.

Recently, OneCard has launched a very unique feature and it has made our shopping simple. It has introduced a new way of authenticating transactions with a simple swipe - #Swipetopay. Now with OneCard you can say goodbyes to OTP and while doing transactions you will get a notification on the app to authenticate your purchase and by a simple swiping your transaction is approved. It is really a hassle free process to make your purchases.

Earlier OneCard was being issued on waitlist basis and it was issued to 10000 users. Now, from October 13th OneCard is available to everyone with a good credit score.

OneCard is really a very innovative Startup in Fintech space and also its founders has a very huge experience with lending and credit card market. They are mainly targeting young millennials and also Credit Card market in India is growing with a very high CAGR.


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