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SBI launches contactless debit card for local and international market

SBI launches contactless debit card for local and international market

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SBI launches contactless debit card for local and international market SBI launches contactless debit card for local and international market

The State Bank of India along with the National Payments Corporation of India (NPCI) and Japan's JCB International Co recently launched a new 'SBI RuPay Platinum Contactless Debit Card'.

It was informed that the unique dual interface feature of this card enables the customers to use it for both contact and contactless transaction, said the lender. Customers can use this new debit card in the domestic market as well as for transactions overseas.

This card has been launched on the RuPay network by SBI in association with JCB, said the bank. Hence, the users will be able to transact on ATMs & POS terminals across the globe under JCB network. Customers can also use this card for online shopping from JCB partnered with international e-commerce merchants.

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An additional payment mode — RuPay offline wallet based transactions — will also available within the card. With this card, the consumers can enjoy various discounts and offers in both domestic and international market. Moreover, customers will have access to JCB PLAZA Lounge (in-city exclusive lounges for JCB cardmembers) in prominent travel destinations such as Bangkok (Thailand), Orchard Road (Singapore) and Paris (France) which is a one-of-a-kind feature provided by JCB, said India's largest commercial bank.

"We believe the tap and pay technology on the card will simplify the everyday purchases of customers with secure and fast contactless payments. With several attractive benefits and offers associated with this contactless Debit Card, we are hopeful that this Card would not only provide a rewarding shopping experience to the cardholders but also make their international travels worthwhile," said Vidya Krishnan, chief general manager, State Bank of India.

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Edited By: Admin
Published On: Dec 02, 2020