Business

CUB unveils payment ‘keychain’

Private sector lender City Union Bank (CUB), in collaboration with the National Payments Corporation of India (NPCI) and manufacturing partner Seshaasai, has unveiled ‘On-the-Go’ contactless wearable keychains for debit cards.

The device would enable customers to make fast payments up to ₹5,000 in all RuPay enabled point-of-sale devices without entering a PIN, the lender said in a statement.

For payments above ₹5,000, customers would need to tap and then enter the PIN, CUB added.


Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Jan 24, 2022 11:36:00 AM | https://www.thehindu.com/business/cub-unveils-payment-keychain/article37888685.ece

Next Story