TECH

SBI, NPCI & Japan's JCB launch RuPay contactless debit card

The card comes with a dual interface feature which will enable customers to perform both contact and contactless transactions in the domestic market and seamless contact transactions overseas.

State Bank of India, National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCB) have announced the launch of 'SBI RuPay JCB Platinum Contactless Debit Card'.

"This card has been launched on the RuPay network by SBI in association with JCB," an official statement said.

The SBI RuPay JCB Platinum Contactless Debit Card comes with a dual interface feature which will enable customers to perform both contact and contactless transactions in the domestic market and seamless contact transactions overseas.

With this card, consumers would be able to transact on ATMs & POS terminals across the globe under JCB network. They can also shop online from JCB partnered international e-Commerce merchants using this card.

The 'SBI RuPay JCB Platinum Contactless Debit Card' supports RuPay offline wallet based transactions, enabling an additional payment mode within the card. Consumers will be able to load the offline wallet and utilise it in transit in India (bus and metro) and retail (merchant) payments.

"This innovative proposition will offer customers uninterrupted shopping experience with an extra layer of convenience. Customers can also enjoy attractive discounts and offers while shopping at top brands, both within India as well as in international markets by using this card," the release stated.

Additionally, customers will have access to JCB Plaza Lounge (in-city exclusive lounges for JCB cardmembers) in prominent travel destinations such as Bangkok (Thailand), Orchard Road (Singapore) and Paris (France) which is a one-of-a-kind feature provided by JCB.

NPCI COO Praveena Rai said, "We believe our collaboration with SBI and JCB will provide the cardholders compelling benefits and an unparalleled value proposition both in Indian and international markets. SBI RuPay JCB Platinum Contactless Debit Card holders can now use their cards at millions of locations in the world. It is also great to witness RuPay strengthening its foothold in international markets through our networks."