Paytm partners with SBI Card to launch RuPay credit cards

Paytm-owner One97 Communications Limited announced that it has partnered with India’s largest pure-play credit card issuer SBI Card, to launch Paytm SBI Card on the RuPay network.

The Paytm-SBI Card partnership began in 2020 and is now expanding with the addition of National Payments Corporation of India’s (NPCI’s) RuPay, aimed at driving the growth of digital-first financial services in India. The next-generation co-branded card will offer rewards and benefits for its users.

“India is at the cusp of the next payments revolution where credit will become the mainstream payment choice.