Bengaluru-based startup Slice has expanded access to its UPI credit card, making it available to all users after a phased rollout that commenced in July 2025. Initially available through invitation only, the product has amassed a waitlist of over 1.2 million users.
The Slice UPI credit card features a no-cost structure, with no joining fee, annual charges, or maintenance fees. Users can make payments through QR codes or UPI IDs, similar to conventional UPI transactions. Additionally, the ‘slice in 3’ feature allows users to conveniently convert their expenses into three monthly installments at zero additional cost. The card also supports international transactions without any forex markup and can be used in over 200 countries globally.
According to the company, the Slice UPI credit card provides access to interest-free installment-based credit for nearly 300 million Indians across 65 million UPI merchants, making it one of the largest implementations of such credit infrastructure on a global scale.
Slice has also introduced a rewards program for all transactions, with a focus on small and frequent UPI payments. The company utilizes transaction behavior for underwriting to evaluate creditworthiness and gradually enhance credit limits over time.
Founded as a digital-first banking platform, Slice offers an array of financial products, including savings accounts, fixed deposits, UPI payments, credit, and lending solutions. The company is backed by prominent investors such as Tiger Global, Insight Partners, and Advent International.
Source: Entrackr : Latest Posts