Slice opens UPI credit card to all users after invite-only phase
30 Mar 2026, 09:17 PMThe card, which first launched in July 2025, had already drawn a waitlist of over 1.2 million users before going public.
Share the story on
Slice said that its UPI credit card will be available to all customers starting March 30.
The card, which first launched in July 2025, had already drawn a waitlist of over 1.2 million users before going public, it said in a statement.
The product carries no joining and annual fees or maintenance charges. It functions like a standard UPI transaction, letting users pay through QR codes or UPI IDs.
A built-in feature called "slice in 3" lets customers break any payment into three monthly instalments at no extra cost. The card is also accepted in over 200 countries with no forex markup, it added.
Slice said the card now brings no-cost instalment credit to roughly 300 million Indians across 65 million merchants, a scale it claims surpasses even the world's largest buy-now-pay-later platforms combined, which together serve around 1.5 million merchants globally.
Unlike traditional credit products, the card rewards small, everyday UPI transactions, a segment that most credit offerings have historically ignored. Slice said that it assesses creditworthiness through actual transaction behaviour rather than conventional metrics, allowing it to extend credit and raise limits incrementally as users build a track record.
Founded as a digital and AI-native bank, Slice offers a broader suite of products including savings accounts, fixed deposits, and lending solutions.
The company is backed by Tiger Global, Insight Partners, Advent International, Blume Ventures, and Gunosy Capital.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
