For the upcoming Big Billion Days starting from October 16, Flipkart will offer credit options by means of NBFCs, 17 banks, and fintech players. During the forthcoming festive season, this will drive credit accessibility for customers. The e-commerce firm has joined hands with State Bank of India and with SBI Card. The Bank will provide both their Debit and Credit cards holders a 10% instant discount. Apart from this, across a wide range of products, no cost EMI will be available for Bajaj Finserv EMI card holders. Customers will be able to avail hassle-free and friction-less credit for their purchases with the newly launched OTP-based authentication process.
Partnership with Paytm: Cashback on wallet and UPI
Flipkart has also partnered with Paytm. Under this partnership, it is offering its customers guaranteed cashback on UPI and wallet transactions. Their partnership with help in faster checkouts, particularly during the much-awaited flash sales. Moreover, consumers can now avail pre-approved credit from 7 leading banking and fintech players, with the launch of Kotak Mahindra Bank and Federal Bank Debit Card EMI payment option. Moreover, with the Digital Suraksha Group Insurance, consumers can protect themselves against cyber frauds. Flipkart has done this joining hand with Bajaj Allianz General Insurance Company.
Apart from this, Flipkart is also unveiling a Gift Card Store catering to customer requirements across 60 brands such as Kalyan Jewellers, Croma, FabIndia, Joyalukkas, and KFC, among others. To enable the purchase of gift cards (Digital & Physical) during the festive season, Flipkart will be offering a discount of up to 10%.