Google Pay Launches First Global Credit Card in India with Axis Bank & RuPay!

• Google Pay has launched its first global co-branded credit card in India, in partnership with Axis Bank and operating on the RuPay network.
• The card offers instant cashback/rewards on every transaction, which can be used immediately for subsequent payments, a unique feature highlighted by Sharath Bulusu.
• Users can link the RuPay-powered card to their UPI account for seamless payments, leveraging the convenience of UPI with credit card benefits.
• Welcome benefits include 2 stars for ₹500 spent in the first cycle, a ₹250 gift card, 250 stars, and up to 15% dining discount via EazyDiner.
• The card provides repayment flexibility with 6 or 9-month EMI options and aims to tap into India's large underserved credit market.

Why It Matters: Google Pay's global debut credit card offers instant rewards, UPI linkage, and flexible EMIs in India.