Samsung dials credit card foray

New Delhi: Samsung India on Monday announced its first-ever credit card in India in partnership with Axis Bank and Visa, that will give customers 10 per cent cashback across all Samsung products and services round the year. The 10 per cent cashback offer will be over and above the company's offers, on both EMI and non-EMI transactions.

"We realise that 70 per cent of consumers are upgrading their devices within 12 months of purchase in the country. This co-branded credit card will help them save their hard-earned money while enjoying new devices with this industry-first offering," said Raju Pullan, sr vice-president (mobile business), Samsung India.