New Delhi: A never-done-before kind of initiative in the Indian banking industry – RBL Bank has launched the first private sector credit card to bring together Unified Payments Interface and National Common Mobility Card features. This RuPay Credit Card brings the power of two potent payment technologies into one versatile card, setting a new benchmark in the industry.
RBL Bank has incorporated UPI and NCMC functionality in its new RuPay Credit Card for enhanced user convenience and flexibility. Through this UPI feature, one can carry out seamless digital payments against everyday transactions and be secure with the speed of this widely adopted payment system. On the other hand, the NCMC feature makes commuting much easier by allowing users to access multiple transport services and fare payments with much ease.
This card is also guaranteed to be accepted at most platforms and services, thanks to the extensive acceptance of the RuPay network, thereby turning into an all-in-one solution for daily expenses and travel. This initiative of RBL Bank reinforces their ongoing commitment towards introducing the best-in-class payment solutions in line with the evolving needs of modern consumers.
According to Bikram Yadav, Business Head – Credit Cards at RBL Bank, “Now, our customers can experience the ultimate in flexibility and ease of making any payments, whether for their day-to-day expenses or during travel, all consolidated in one card.”
On the same lines, Rajeeth Pillai, chief of relationship management, at NPCI, said, “Integrating the secure, instant payment capabilities of UPI with the travel convenience of NCMC will present users with an all-in-one card. We believe this initiative will significantly enhance the digital payment experience for consumers across India.”
The launch of RBL Bank thus ushers in a new standard of private sector banking, and prolific integration of technology in financial services for seamless and user-friendly experience in payments.
RBL Bank has introduced a groundbreaking RuPay Credit Card that combines UPI and NCMC features, making it the first private sector bank in India to offer this dual functionality. This innovation provides users with seamless payment options for both daily transactions and travel. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today