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Updated on: Wednesday, November 17, 2021, 05:58 PM IST

Mswipe partners with OneCard to offer EMI at POS

The partnership will enable users of OneCard to seamlessly access no or low interest EMIs’ while availing mid and high-value purchases at retail outlets powered by Mswipe terminals |

The partnership will enable users of OneCard to seamlessly access no or low interest EMIs’ while availing mid and high-value purchases at retail outlets powered by Mswipe terminals |

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Mswipe, leading end-to-end digital enabler of SMEs, today said that it has partnered with OneCard--a mobile-first credit card to offer no cost Equated Monthly Instalments (EMI) , across its 2.50 lakh strong retailer network.

The partnership will enable users of OneCard to seamlessly access no or low interest EMIs’ while availing mid and high-value purchases at retail outlets powered by Mswipe terminals.

The collaboration is expected to bolster consumer sentiments in a big way as customers can now seamlessly convert their purchase transactions into easy, no-interest monthly instalments.

With this partnership, Mswipe will power its partner brands to increase sales through attractive checkout offers to their customers, while also targeting the tech-savvy customers of OneCard. Mswipe is working with brand partners in designing value offers for customers. On the other hand, OneCard will offer its card users to seamlessly avail no interest or low interest EMIs at checkout, it said in a press release.

Mswipe CEO Ketan Patel said, “Pay Later offerings delight shoppers and are a major consideration during purchase. It also improves the checkout process significantly by reducing the time taken to complete the purchase. Our solution helps brand partners to increase sales and retailers to add more revenue. We are happy to extend our ecosystem to OneCard customers.”

OneCard Co-founder and CMO Vibhav Hathi said “Our partnership with Mswipe will help us leverage their reach and technology expertise to provide our users a seamless and superior EMI experience. With this partnership our customers will now be able to enjoy hassle-free shopping while availing easy and affordable EMIs at check-out.”

What is OneCard?

OneCard aims to digitally revolutionize credit and payments in India. The card allows its users to control all aspects of OneCard from an app. This includes enabling offline and online transactions, enabling domestic and international transactions, paying the bill and locking the card.

The OneCard app gives card holders a completely transparent view of their credit card spends, rewards, EMI, limits, payments, etc.

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Published on: Wednesday, November 17, 2021, 05:59 PM IST
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