New Delhi, Sept. 22 -- AU Small Finance Bank (AU SFB) has officially launched its 'AU KOSMO Credit Card', a credit card based on UPI (Unified Payments Interface) in partnership with Kiwi, a leading 'Credit on UPI' platform.

UPI is fast emerging as the preferred payment option for credit cards now. In August 2025, UPI P2M (Person-to-Merchant) payments saw a 26% year-on-year growth, crossing Rs.7.2 lakh crore in value. RuPay's credit card market share has also grown significantly, rising from 3% in FY23 (2022-23) to nearly 12% in FY25 (2024-25), with around 28% of all credit card transactions being now powered by RuPay.

"By enabling UPI-based credit transactions at both online and offline merchants, the AU KOSMO credit card caters to Indi...