Context:
Scapia, a Bengaluru-based travel fintech startup, has partnered with Federal Bank to launch the Scapia Federal RuPay Credit Card, featuring a dual-network architecture (VISA + RuPay). The card is designed for seamless integration of credit and UPI payments, catering especially to frequent travelers and digital-savvy users.
Key Features of the Scapia Federal RuPay Credit Card
- Dual-Network Support:
- Works on both VISA and RuPay, allowing for online, offline, UPI, and international transactions from a single credit card account.
- Integrated Spend Management:
- Users can track both credit card and UPI expenses (via RuPay) in one consolidated platform.
- Zero Forex Markup:
- No foreign exchange markup fees on international purchases, enhancing value for global travelers.
- Exclusive Airport Privileges:
- Unlimited domestic airport lounge access
- Complimentary dining, shopping, and spa benefits at airport outlets.
About Scapia
- Founded: 2022
- Headquarters: Bengaluru
- Founder & CEO: Anil Goteti