Overview
- Flex is issued digitally in the Google Pay app as a virtual card on the RuPay network with Axis Bank and can be used online and at physical merchants.
- Users earn Stars on transactions with 1 Star equal to ₹1, can redeem instantly, and may repay in full or convert to EMIs with fees shown upfront.
- Google says there is no application fee, pricing varies by user profile, EMI conversions carry processing charges, and late fees follow Axis Bank policy.
- Early access is opening via a waitlist as the product rolls out, with in‑app controls for limits, blocking or unblocking, PIN resets, and card details.
- Google will add more issuing partners soon and is also introducing Pocket Money on UPI Circle so parents can approve each payment or set a monthly cap up to ₹15,000; Google cites 530+ million users and 23+ million merchants as distribution reach.