CRED founder Kunal Shah announced the launch of the CRED e₹ wallet beta on January 28, 2025. He described it as more than just another fintech feature, and highlighted the significance of Central Bank Digital Currency (CDBC) as a fundamental shift in how India manages money. He added that it enables instant, programmable, and secure money movement, backed by the Reserve Bank of India (RBI).  As per reports, the wallet are limited to INR 10,000 per transfer and with a daily limit of INR 50,000. Additionally, the wallet can store up to INR 1 lakh. To use the wallet, members are required to complete a video KYC process to load their wallet using UPI.

CRED e₹ Wallet Beta Goes Live

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)