EMI SWIPE

What is EMI SWIPE?

EMI SWIPE solves a very simple problem of paying money in easy EMI of your choice, convenient and secure way while empowering people to pay for any good or service on EMI, regardless of acceptance.

EMI SWIPE makes payments possible, but we are not about payments.

We are about “choice of payers” - the options behind payments.

We are the only payments company that enables consumers to pay with their credit card of choice in EMI’s regardless of merchant acceptance.

For what I can pay using EMI SWIPE?

You can pay for anything using our APP

Sample Payment List:

Online Purchases (Any website)

Second hand selling sites (OLX, QUIKR)

Any merchant with a bank account

Any Repairs

Any Fees

How it works?

Making payments through EMI SWIPE is easy. Simply signup / Sing in to your EMI SWIPE account, specify whom & howmuch you want to pay, why* you’d like to pay, and submit your payment using the card of your choice, either as EMI or One –Time Payments. A convenience fee will be automatically calculated and applied to your payment total.

Once your card payment is submitted, EMISWIPE will process and send it through electronic bank transfer to recipient’s bank account. Your recipient is not optionally required to be on EMI SWIPE to accept these payments. Anyone with a bank account will get the cash credited.

Your card payment will be processed and sent to your recipient within 2* hours of submission. Standard delivery timing for electronic transfers apply. You will be notified as soon as the payment is accounted for. “We shall pay the receiver in full and you will pay back in EMI”

How payment works?

We often get this query from customers about when the payment shall be received on the beneficiary/receiver's end. Here is the information handy for you:

Payment made on Monday-Friday before 5PM: Same day credited*

Payment made on Saturday (except 2nd& 4th) before 11:30AM: Same day credit*

Payment made on Sunday: Monday before 11:30AM*

Payment made on any Bank Holidays*: Next Bank working day before 11:30AM*

Usually the above cycle works in normal conditions. It may differ based on holidays/bank strike/network failures etc.

Is there a limit for the payments?

Yes, currently the transaction limit per day per card is limited to 50000* (as per availability of the credit limit of your card)