Paytm Partners With Citibank To Launch 1st Credit Card- ‘Paytm First Card’

Digital payments company Paytm, in association with Citibank, launched its first credit card called Paytm First Card. Paytm First Card comes with unlimited cash back and will be accepted in India as well globally.

The card is issued by Citibank and doesn’t involve any hidden fees or charges. An annual fee of Rs 500 will be fully waived off on expenses above Rs 50,000 per year.

Source- CNBC 

Static/Current Takeaways Important For LIC AAO Mains 2019:

  • Paytm Founder: Vijay Shekhar Sharma.
  • Parent Organization: One97 Communications.

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