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SBI: Launch Rupay card, e-wallet will come soon

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Country's Largest bank will increase focus on Digital banking, according to this Bank is going to launch wallet like Paytm. The e-wallet will be launched this month. People will be able to enjoy facilities like bill payment, shopping and paying taxi fare from this wallet.

SBI is trying to get benefit from increasing E-Commerce and have been insisting to increase non cash transaction. Agreement can be made with several companies soon for payment. In Addition to this SBI launched Platinum Rupay Card Today. SBI is the first bank to launch Platinum debit card on Rupay platform.

 

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Comments 2

Saurabh G on Thursday, 07 May 2015 16:43

Would i be able to replace my credit cards with the Wallet? or it would work only on preselected sites?

Would i be able to replace my credit cards with the Wallet? or it would work only on preselected sites?
Deepak Sahu on Thursday, 07 May 2015 16:26

Key Features

The solution offers enhanced security measures in addition to the RBI mandated 2-Factor authentication viz. registration, OTP, image based authentication and anti-phishing measures.
Highly secure with unique anti-phishing properties
User friendly and smooth adaptability
Simplified architecture & transaction flow reduces transaction time, resulting in faster transaction processing and reduction in drop-outs
Customer Experience: During the online payment the cardholder’s authentication data is collected in a secured manner. Further, with help of a bank themed (Looks exactly similar to the card that the customer is holding) PIN pad the cardholder has to enter the PIN number while making the payment. The pad shuffles each time a digit is entered as an additional security measure.

Key Features The solution offers enhanced security measures in addition to the RBI mandated 2-Factor authentication viz. registration, OTP, image based authentication and anti-phishing measures. Highly secure with unique anti-phishing properties User friendly and smooth adaptability Simplified architecture & transaction flow reduces transaction time, resulting in faster transaction processing and reduction in drop-outs Customer Experience: During the online payment the cardholder’s authentication data is collected in a secured manner. Further, with help of a bank themed (Looks exactly similar to the card that the customer is holding) PIN pad the cardholder has to enter the PIN number while making the payment. The pad shuffles each time a digit is entered as an additional security measure.
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