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.

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Printable version | Jan 24, 2022 11:36:00 AM |

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