CardUp is an online card payments platform for cash management which enables any payment made by bank transfer today to be shifted to a credit card, regardless of whether the recipients accept credit cards.
Consumers can maximise card benefits like extended credit terms and the earning of reward points on big payments such as rent to a landlord, taxes, insurance premiums and tuition fees.
For businesses, shifting expenses such as payroll, office rent, supplier invoices and more to their credit card via CardUp provides instant access to interest-free credit of up to 58 days, increasing their access to working capital, improving their cash flow and digitising processes at the same time.
CardUp accepts all major credit cards and partners with leading institutions such as United Overseas Bank (UOB), Bank of China and Mastercard, to name a few.
How does CardUp work?
1. Tell us who you want to pay and the amount
2. Schedule your payment - it can be a one time or a recurring payment
3. Your credit card is charged with the amount + a service fee
4. Sit back and relax knowing that CardUp will handle your payment with your recipient receiving the payment via bank transfer and see the points accumulating on your credit card!