Slice Launches UPI First Account Product for All

Slice, India’s leading fintech startup, has launched its UPI first account – slice account, a prepaid account that offers a seamless and fast UPI payment experience. The slice account has been made accessible to everyone, including teenagers, after a successful three-month beta testing period.

What is slice account?

The slice account is a UPI first prepaid account that offers a UPI handle (@slice) and a virtual account. The customers can effortlessly add money in the virtual account and spend via UPI or card, or link any other bank accounts they want. The slice account simplifies the payment process by eliminating cross-selling and prioritising a user-friendly interface designed to save time. It also includes autoload functionality for seamless transactions and automation of recurring payments. Additionally, the product incorporates an innovative gaming feature where each UPI transaction presents the chance to engage in “fire,” a game that offers the customers the chance to win twice the amount of their transactions in cashback, making it a fun payment experience.

How to get slice account?

The slice account is a full KYC prepaid account that requires the customers to complete their KYC verification on the slice app. The customers can download the slice app from Google Play Store or App Store and sign up using their mobile number and email ID. After completing the KYC verification, the customers can create their UPI handle (@slice) and start using the slice account.

Why choose slice account?

The slice account is a unique product that combines user funds and digital payments within a single app infrastructure. The slice account offers several benefits to its customers, such as:

  • Fast and secure UPI payments with @slice handle
  • Virtual prepaid account that can be linked to any bank account
  • Autoload feature for hassle-free transactions and recurring payments
  • Gaming feature to win cashback on every UPI transaction
  • Accessible customer support via chat icon on the app
  • No hidden charges or fees

The slice account is backed by the RBI’s Prepaid Payment Instrument (PPI) license that slice secured in September 2023. The slice account is also compliant with all the regulatory norms and guidelines issued by the RBI.

About slice

Slice, feel easy with money. Slice is India’s leading consumer payments and credit company focused on providing financial services to Indians. Trusted by 15 million Indians, slice is a market leader in this rapidly growing segment. The company aims to build a smart, innovative, and transparent financial platform that is loved by its consumers. Slice app brings a fast and simple way to make payments and access credit through its cornerstone products: slice account and slice borrow. Slice’s purpose is to make the world better at using money and time, with a major focus on providing the best consumer experience. Backed by leading investors such as Tiger Global, Insight Partners, Advent International, Blume Ventures, and Gunosy Capital, slice has cumulatively raised $290mn in its series A, B, and C rounds.



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