Bengaluru-based fintech Slice has expanded access to its UPI-powered credit card, making the product available to all users after an initial invite-only rollout that began in 07 2025.
The offering had generated strong demand, with over 1.2 million users on the waitlist before the wider launch. Slice said the card comes with no joining, annual, or maintenance fees, and allows users to make payments via QR codes or UPI IDs, similar to standard UPI transactions.
A key feature is “slice in 3,” which lets users convert purchases into 3 monthly instalments at no additional cost. The card also supports international transactions with zero forex markup and is accepted in over 200 countries.
Slice aims to expand access to no-cost, instalment-based credit for nearly 300 million Indians across 65 million merchants on UPI, positioning it as one of the largest deployments of such credit infrastructure globally.
The platform also offers rewards on transactions, focusing on small-ticket, high-frequency UPI payments. Its underwriting model is based on transaction behaviour, enabling dynamic adjustments to credit limits over time.
Founded as a digital-first banking platform, Slice provides services including savings accounts, fixed deposits, UPI payments, and lending products. The company is backed by investors such as Tiger Global, Insight Partners, and Advent International.
In a recent development, Slice appointed Sreedevi Pillai, former Chief General Manager (Risk Management) at State Bank of India, as an Independent Director (Non-Executive) on its board.
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