Home National International Important Days Awards Sports Appointments Defence Summits Rank and Reports Books and Authors Banking State News Current Affairs in English Current Affairs in Hindi Miscellaneous

Latest

SBI Card launches contactless mobile phone payments facility


SBI Card launches contactless mobile phone payments facility



SBI Card announced the launch of ‘SBI Card Pay’, a feature which allows contactless payment using mobile phones at PoS terminals.

SBI Card Pay is a payment feature based on Host Card Emulation (HCE) technology for faster, convenient and more secure card payments using mobile phones.

Using SBI Card Pay, customers can make contactless payments at near field communication (NFC) enabled point of sale terminals with just one tap of their mobiles, without using the physical credit card or entering any PIN.