SBI partners NPCI to launch ‘SBI RuPay JCB Platinum Contactless Debit Card’

SBI

State Bank of India has partnered with National Payments Corporation of India (NPCI) and Japan’s JCB International Co for unveiling new ‘SBI RuPay JCB Platinum Contactless Debit Card’.

The newly launched card is loaded with unique dual interface feature that enables the customers to use it for both contact and contactless transaction, stated the lender.

This card can be used in both domestic as well as for the transactions overseas market.

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

“SBI RuPay JCB Platinum Contactless Debit Card holders can now use their cards at millions of locations in the world. It is also great to witness RuPay strengthening its foothold in international markets through our networks,” said Praveena Rai, COO, NPCI.

“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.

Yoshiki Kaneko, president and COO of JCB International Co., Ltd. said, “We are extremely happy and honoured to have the largest bank in India, State Bank of India, as a RuPay JCB Global Debit Card issuing partner. Together with our esteemed network partner, NPCI, we will bring best in class technology, access to the vast JCB global merchant network, and special offers and privileges to SBI customers.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.