Union Bank of India Launches Contactless Debit Cards
by Shrutee K/DNS
Mumbai: Consistently contributing towards India’s
Digital transformation, Union Bank of India added a smart, Wave to Pay, Debit
Card to its kitty, with the introduction of Union Bank Contactless Debit Card. The Union Bank
Contactless Debit Card facilitates cardholders to make electronic payments quickly by
just waving the card near the merchant terminal in lieu of dipping or swiping
the card.
In terms of
features, the card comprises both Chip
and antenna embedded in it, which enables to work on contactless as well as
normal POS terminals. Hence, customers
can use the card at either of the terminals as per their convenience. Contactless
card has the unique proposition of one card for all payments, eliminating the
requirement of carrying separate cards for transit payments (Bus, Metro, Cab
etc.), toll, parking, small value offline retail payments as well as normal day
to day retail payments.
The Contactless Debit Card was
ceremoniously launched by Shri RajKiran Rai G, Managing Director & Chief
Executive Officer, Union Bank of India in the august presence of Executive
Director Shri R K Verma and Ms Manmeet Vohra VISA Marketing Head - India South
Asia along with her team.
Speaking on the momentous launch event, the MD
& CEO said, “Union Bank of India always embraces the latest as well as
upcoming technologies and is always a frontrunner in producing quality products
& services. With the launch of Contactless Debit Cards, Bank is
going to take the cashless transactions a notch ahead and now Union Bank’s
customers will enjoy the enhanced experience of digital transactions. Thus,
Union Bank of India continuously marches ahead with digital revolution.”
Union Bank of India is a leading Public Sector
Bank with a wide network of 4295 Branches and 7674 ATMs. The bank deploys state-of-art technology to
provide futuristic deliverables. Their Digital Banking Department has initiated
various seamless, hi-tech projects to align IT with Business goals like Mobile Banking,
Internet Banking, Instant Fund Transfer through IMPS, Talking ATM, Mobile
Wallet, Union 24*7 Comfort, UPI, BHIM, Aadhaar Pay, POS etc. The Bank also
boasts of a state-of-art Contact Centre operational in 9 languages.
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