Samsung forays into finance, launches credit card with Axis Bank and Visa

Samsung Axis Bank Credit Card will allow customers to avail of a 10 per cent cashback across all Samsung products and services throughout the year

South Korean electronics maker Samsung, in partnership with Axis Bank, launched Visa-powered Credit Card in India. The card will allow customers to avail of a 10 per cent cashback across all Samsung products and services throughout the year. It will be over and above the existing Samsung offers, on both equated monthly instalment (EMI) and non-EMI transactions.

"We're excited to be able to put the control into our consumers' hands," Ken Kang, president and CEO for South-West Asia, Samsung, said at the launch of the card.

The cashback will be available on all Samsung products, including smartphones, tablets, laptops, televisions,