BOB Financial partners with OneCard to launch mobile-first, metal credit card

BOB Financial Solutions Limited  (BFSL) – a wholly owned subsidiary of Bank of Baroda, has partnered with OneCard, to launch co-branded mobile-first credit cards to offer a world-class, smart-banking experience to the young, tech-savvy population across the country. The internationally valid credit card will be issued by BFSL and managed by OneCard on VISA’s Signature platform. 

Powered by a mobile app, OneCard offers its users complete control of the credit card – spends, rewards, limits, payments and more thus offering an end-to-end digital experience. Built with full-stack tech, this credit card is designed with curated benefits and offers, with a host of other privileges including lifetime validity, zero joining and annual fee, instant virtual card issuance, instant issuance of reward points, and easy redemption among others, within the app.

The card combines the principles of simplicity, transparency and gives customers full control of all the aspects of the credit card through one app. It also has the lowest forex fee in the market at just 1%.

Speaking at the launch, Shailendra Singh, MD & CEO, BFSL said, “BFSL is currently on its transformation journey, investing in technology, processes and people to ensure we offer best-in-class credit cards to our customers under the Bank of Baroda brand.  We are delighted to have OneCard as a partner in our transformation journey. . The mobile-first OneCard further bolsters our portfolio of offerings, especially for the young, tech-savvy generation and reinforces our commitment towards unique and differentiated offerings for our customers”

BFSL was established as BOBCARDS in 1994 by Bank of Baroda, to manage the cards business. BFSL issues and manages Bank of Baroda Credit Cards, and is committed to becoming one of the largest Credit Card issuers in the country.

On the launch Anurag Sinha, Co-founder & CEO, OneCard said, “The pandemic has brought about a drastic shift in consumer sentiments driving a strong inclination towards easy digital payments solutions. With OneCard, we endeavor to empower our customers with a world-class, mobile-first experience, giving the user absolute control over their credit card. Our collaboration with BFSL is a huge stride in our vision to re-imagine credit and payments in India while addressing consumer need gaps.

Sujai Raina, Head – Business Development, India, Visa said, “At Visa, we are delighted to power the partnership between BFSL and OneCard for this unique proposition that sets new standards for seamless customer onboarding and transaction experience. As India increasingly transacts using digital credentials, it is imperative to provide wider, more accessible credit options. With the strength of our solutions and the trust in our brand, we are proud to work with partners and create novel, innovative experiences for their consumers.”

FPL Technologies, who has launched OneCard, is a fintech start-up that aims to digitally revolutionize credit and payments in India. OneCard allows users to control all aspects of the card from an app. This includes locking the card, enabling offline and online tractions, enabling domestic and international transactions, and paying the bill. The company earlier launched the OneScore app in 2019, to empower people to monitor and manage their credit health in a simple, secure manner; without any spam. The scoring platform is widely popular and has acquired more than 8 million users within just two years of its launch.


About BOB Financial Solutions Limited

BOB Financial Solutions Limited was established in 1994. It is a Non-Banking Financial Company, wholly owned by Bank of Baroda, one of the top banks of India. The Company’s primary business is in credit cards with its key differentiator being simple, easy-to-understand products that are fairly priced and efficiently serviced. For more details, please visit


About OneCard

OneCard is a mobile-first credit card created by FPL Technologies. FPL Technologies was founded by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi, who come from banking backgrounds with deep expertise in payments, credit and building and scaling digital businesses. FPL is on a mission to re-imagine credit and payments from first principles.The OneCard & OneScore apps can be downloaded from and respectively.


About Visa Inc.

Visa is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device. As the world moves from analogue to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

For more information,visit