South Korean electronics giant Samsung has introduced the first credit card of its kind in India through a partnership with the local bank.
The card, which is in partnership in partnership with the Indian Axis Bank, is called Samsung Axis Bank Credit Card’ and is operated by Visa.
The cards available are on offer in the moment, called Signature infinite and Signature. Based on the information available found on the site, Signature has a cashback limit per month of INR10,000. Infinite has the limit of INR20,000.
“The Samsung Axis Bank Credit Card, powered by Visa, is our next big India-specific innovation that will change the way our customers buy Samsung products and spend on services through a series of industry-leading features. We’re excited to be able to put the control into our consumers’ hands,” said Ken Kang, President and CEO of Samsung South-West Asia.
With its exciting deals, Samsung plans to capture the market for its products in India. The cards are targeted specifically at people living in smaller cities.