Fintech startup Slice launches new card with credit limit of USD 27

‘Slices’ are known to provide customers with flexibility in paying credit card invoices and points in transactions. It is also known for issuing Visa cards and is currently actively working to popularize credit cards in the Indian market. It aims to provide early credit users in India with a new start and help them create good scores over time.

The startup plans to roll out more than one million cards to its customers, a mix of Tier I, II and III cities. According to Texasnewstoday.com, while it is common to use credit cards in developed countries, India continues to lag behind as the credit rating system has not penetrated the majority of the population.

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