Fintech firm super.money, supported by the Flipkart Group, has expanded its secured credit card business by partnering with Axis Bank, Utkarsh Small Finance Bank, and Kotak811. The platform has issued around 4.7 lakh RuPay-backed secured credit cards since launching the product 14 months ago.
These cards can be linked to the Unified Payments Interface (UPI), allowing users to make payments directly through the digital system.
UPI has become a major channel for credit transactions in India, accounting for about 40% of all such payments, according to industry estimates. super.money has enabled more than 1.8 million RuPay credit cards to be connected to UPI. The platform currently processes over 8 million transactions each month, with roughly half of the overall transaction value carried out through UPI.
The company’s latest partnership with Kotak811 has introduced a RuPay-secured card that allows users to manage savings, spending, and borrowing through a single account. Similar tie-ups with Axis Bank and Utkarsh Small Finance Bank are aimed at expanding card issuance and customer reach. These collaborations focus on customers who prefer secured cards backed by fixed deposits.
As per data from the National Payments Corporation of India (NPCI), super.money was the 5th-largest UPI app by transaction volume in September 2025. During that month, it handled 256.34 million transactions amounting to ₹9,852.44 crore. The company stated that transaction patterns indicate higher usage for smaller, day-to-day purchases instead of large-value spends.
super.money follows ISO 27001 and PCI DSS standards for data and payment security. The company continues to work with partner banks to extend its secured credit card network and integrate new financial products under the RuPay and UPI ecosystem.
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With multiple bank collaborations and growing UPI integration, super.money has increased its presence in the secured credit card segment over the past year.
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Published on: Nov 13, 2025, 11:51 AM IST
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