Flow in use

That's how we make credit card flow

semicircle
the Challenge

How to build a credit score?

Getting a credit card is not an option for individuals with no credit history. The same applies to individuals who have a history of bad credit. However, this stream of borrowers presented a goldmine of opportunities.

the solution

Get a secured credit card using FD and build your credit score

Lender offered a secured credit card against Fixed deposits opened by individuals with no or bad credit score. It opened up a flow of new opportunities and created new markets for secured borrowing.

the outcome

Transactions - and counting...

No. of transactions

2.2 Million

amount transacted

$22.5 Million

end point overview

Workings of YAP Credit

The journey of issuing a secured credit card

API Response

Run
                            
                                {
	"mti": "0200",
	"pan": "5088XXXXXXXX0005",
	"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": "5088XXXXXXXX0005=2100XXXXXX000000000",
	"authorizationIdResponse": null,
	"responseCode": null,
	"serviceConditionCode": "520",
	"cardAcceptorTerminalId": "TEST1234",
	"cardAcceptorId": "TEST12345678901",
	"cardAcceptorNameLocation": "M2P 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": "5116615GA000000400051Address",
	"privateData1BiometricData": null,
	"privateData2EncryptedBiometricData": null,
	"networkManagementCode": null,
	"originalDataElement": null,
	"fileUpdateCode": null,
	"replacementAmount": null,
	"fileName101": null,
	"accountIdentification1": null,
	"accountIdentification2": null,
	"reservedForPrivateUse": null
}
                                
                            
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