Fintech startup GalaxyCard, which offers instantly approved digital credit cards, has come up with its another revolutionary product – virtual shopping card, to provide hassle-free solutions to the costumers. The virtual card is exclusively developed by the company to help customers avail maximum benefits of digital commerce across different market segments.
The newly-developed virtual card enables the customers to shop online, book train tickets, make payments for e-books, online gaming, web streaming apps – Netflix, Hotstar, Amazon Prime, etc. All transactions supported by the virtual card will be wallet-based to be processed within a highly secured and risk-free mode.
Amit Kumar, Founder, GalaxyCard, said, “We are extremely delighted to come up with virtual card concept which is the need of the hour to promote contactless transaction in the present market scenario. The seamless and instant process of activating the card offers a world-class experience to customers. Additionally, our plans to offer exciting discounts and rewards are also going to help customers in an efficient shopping experience.”
Unlike the physical debit/shopping cards, it can easily be availed and accessed right from the GalaxyCard app. It features a card number, expiry date, and CVV that can be entered on any e-commerce website for processing the transaction.
Additionally, the customers also get real-time notifications for each transaction that makes GalaxyCard’s virtual card more reliable for customers. Moreover, to maintain a high standard of security, the customers can block any retail merchant at any time. This will give them better control over their subscriptions making it easy to unsubscribe from any site.
The GalaxyCard’s virtual card is one of a kind in the industry. This is an NPCI RuPay card that promotes Atma Nirbhar Bharat vision. It enables customers to allow/disallow any transaction. They can also turn off any subscription from the app itself that will make the unsubscription process easier.
Incepted in 2018, the company has acquired a huge customer base and moving on its growth trajectory. After launching instantly approved credit cards and newly-developed e-card, GalaxyCard is aggressively expanding its product portfolio. It is also planning to launch premium credit cards for the upper segment customers in the less than 30k per month income bracket by February. Additionally, it is also exploring credit card options for students to make them manage their education expenses and learn financial management from an early age.