Union Bank of India Launches Visa Signature Contactless Debit Cards
by Shrutee K/DNS
Mumbai- October 19, 2018: In its continuous efforts to contribute to the
Digital India’s Banking needs, Union Bank of India launched its top
variant among the Debit Cards for prestigious customers, the Visa Signature
Contactless Debit Card.
Union
Bank Visa Signature contactless Debit Card has higher withdrawal and purchase
limits and 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. It is in line with the government initiatives towards ‘One
nation, One Card’.
The card comprises both chip
and antenna embedded in it, which enables to work on contactless as well as
normal POS terminals. It facilitates cardholders to make electronic payments quickly by
just waving the card near the merchant terminal. It’s a dual interface card which can either be
waved/taped to pay (Contactless) for transactions upto Rs.2000 or in dip/swipe
mode, as per the cardholder’s convenience.
The card is issued,
at request, free of cost with no annual maintenance charge for all the
customers. Airport lounge facilities at Domestic/ International airports in
India and 4X reward points are also available in this card variant
The Union Bank Visa Signature Contactless
Debit Card is ceremoniously launched by Shri RajKiran Rai G, Managing
Director & Chief Executive Officer, Union Bank of India in the august
presence of Executive Directors Shri Rajkamal Verma, Shri Atul Kumar Goel, Shri
Gopal Singh Gusain and Shri Murali Nair, VISA - Head CRM India, Ms.
Vineeta Agarwal, Director-VISA India and team.
Speaking at the momentous launch event, the MD
& CEO said, “Union Bank of India always embraces the latest as well as
upcoming technologies and incepts the quality product/ service(s) into the
ecosystem. With the launch of Signature Contactless Debit Card, 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 along with
add-on benefits. 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 4286 branches and 6794 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, Union 24*7 Comfort, UPI, BHIM Aadhaar Pay etc. The Bank
also boasts a state-of-art Contact Centre operational in 9 languages.
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