News

FINQY introduces Test My Card to advance the credit card industry

Tuesday 17 December 2024 11:29 CET | News

FINQY, a provider of fintech solutions, has launched Test My Card, a platform designed for consumers to make informed decisions when choosing credit cards.

Test My Card aims to implement a different approach than traditional comparison tools by enabling users to take charge of their choices. It leverages advanced machine learning (ML) and data analytics to deliver personalised credit card recommendations. 

The platform analyses a user's financial profile, which includes spending patterns, income, and credit score, to suggest the most appropriate credit card options, allowing users to make informed financial decisions. For those looking to upgrade their current credit cards, Test My Card simplifies the process by evaluating existing card features and offering alternatives with additional benefits. The platform assists users in maximising rewards and perks while minimising costs, making the selection and upgrading of credit cards more convenient and less stressful.

 

FINQY introduces Test My Card to advance the credit card industry

 

Key Features of Test My Card

  • Personalised recommendations, with users being able to receive credit card suggestions tailored specifically to their credit history and lifestyle goals for a thorough evaluation;

  • Rewards and features comparison, with My Card evaluating various cards based on factors such as joining/annual fees, rewards points, shopping discounts, and additional perks like travel benefits, airport lounge access, and concierge services. These features align with the customer’s spending habits and financial aspirations, focusing on ensuring the maximisation of  their credit card's potential;

  • Financial empowerment, as Test My Card aids in effective spending management while unlocking improved financial opportunities. It also offers guidance on using the credit card to upgrade the credit score, making it suitable for those aiming to build or repair their credit history;

  • Simplified application, allowing individuals to apply for new cards or upgrade them more efficiently with Test My Card. An intelligent algorithm functions in the background to help customers identify cards for which they pre-qualify, directing them to their bank's website to finalise the application. The platform simplifies the process, ensuring that individuals can obtain the card that best suits their needs.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: payments , ecommerce, fintech, credit card, fintech solutions
Categories: Payments & Commerce
Companies: Finqy
Countries: India
This article is part of category

Payments & Commerce

Finqy

|
Discover all the Company news on Finqy and other articles related to Finqy in The Paypers News, Reports, and insights on the payments and fintech industry: