State-owned Punjab National Bank (PNB) has entered into a strategic partnership with Kiwi, a leading credit card on UPI platform, to introduce credit-enabled UPI payments to its 180 million customers.

As part of the collaboration, the bank will launch the PNB Kiwi Credit Card on the RuPay network.

The card will offer fully digital onboarding, seamless UPI integration, and a special feature of cashback on all online transactions from 0.5% up to 1.5%, delivering a frictionless credit experience to users, PNB said.

Speaking on the partnership, PNB Executive Director Bibhu Prasad Mahapatra said, "India is witnessing a rapid shift towards digital payments, led by the growth of the Unified Payments Interface (UPI). With over 10,000 branches-60 per cent in semi-urban and rural regions-we are well positioned to extend formal credit to underserved segments.

As RuPay credit cards gain momentum, the partnership with Kiwi marks a key step in enhancing financial flexibility and supporting everyday spending needs, he added.