Flow in use

That's how we demystified invesments

semicircle
the Challenge

Can investments help in building credit score?

Investing and saving go hand in hand, but to avail loans from traditional lenders, having a credit score is a must. New professionals who have started their financial journey cannot borrow huge amounts because of their low or non-existent credit score.

the solution

Yes, it can when you get a secured credit card against your investments

While getting a loan is not possible for new professionals, building a credit score is not. The option of a secured credit card issued against investments is an easy way to get funds at the right time. Also, it is a fool-proof way of building the credit score.

end point overview

Journey of a secured credit card

API Response

Run
                            
                                {
                                    "mti": "0200",
                                    "pan": "5088830000000037",
                                    "processingCode": "311000",
                                    "transactionAmount": "0000000000000",
                                    "settlementAmount": null,
                                    "cardHolderBillingAmount": null,
                                    "dateTimeTransaction": "0412183004",
                                    "settlementConversionRate": null,
                                    "cardholderBillingConversionRate": null,
                                    "stan": "247972",
                                    "rrn": "242772502272",
                                    "timeLocalTransaction": null,
                                    "dateLocalTransaction": "183008",
                                    "expiryDate": null,
                                    "settlementDate": null,
                                    "conversionDate":null,
                                    "mcc": "6011",
                                    "channel": null,
                                    "acquiringCountryCode": "356",
                                    "posEntryMode": "901",
                                    "cardSeqNumber": null,
                                    "pointOfServiceConditionCode": "00",
                                    "feesAmount": null,
                                    "acquiringInstitutionCode": "720397",
                                    "forwardingInstitutionCode": null,
                                    "track2Data": "5088830000000037=2100520768000000000",
                                    "authorizationIdResponse": null,
                                    "responseCode": null,
                                    "serviceConditionCode": "520",
                                    "cardAcceptorTerminalId": "TEST1234",
                                    "cardAcceptorId": "TEST12345678901",
                                    "cardAcceptorNameLocation": "M2PBANK KARTHICK TNIN",
                                    "additionalResponseData": null,
                                    "track1Data": null,
                                    "additionalData48": "051005POS010520032940560023105800500999061030000000000000000012000000000000071042103.014.161.0050000000000000000000000003560770401000000000000000000000000000000000105200",
                                    "transactionCurrencyCode": "356",
                                    "settlementCurrencyCode": null,
                                    "cardholderBillingCurrencyCode": null,
                                    "pinData": "419E0B8AAD1D2B2F0000000000000000",
                                    "additionalAmount": "9090356D000000001000",
                                    "chipData": null,
                                    "adviceReasonCode": null,
                                    "posDataCode": "5116615GA000000400051AddressAddressAddres",
                                    "privateData1BiometricData": null,
                                    "privateData2EncryptedBiometricData": null,
                                    "networkManagementCode": null,
                                    "originalDataElement": null,
                                    "fileUpdateCode": null,
                                    "replacementAmount": null,
                                    "fileName101": null,
                                    "accountIdentification1": null,
                                    "accountIdentification2": null,
                                    "reservedForPrivateUse": nullrn
                                }
                                
                            
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