
ICICI Bank has announced the launch of a combo prepaid card in association with the Uttar Pradesh State Road Transport Corporation (UPSRTC).
The card offers users the convenience of not having to pay cash for tickets, for every trip undertaken on a UPSRTC bus or buying paper passes for monthly or quarterly season tickets. Also customers can use this same card to shop online as well as at stores.
Benefits of the ICICI Bank combo prepaid card:
- Ease of travel on UPSRTC buses
- Wider acceptability at all VISA Point of Sale retail shops, malls and websites for cash-less shopping
- No requirement of minimum balance on the shopping card, shop till balance is zero
- No need to open a bank account to avail shopping card benefits
- Free SMS alerts on every transaction done through shopping card
- 24×7 customer care assistance for shopping card
- Secure and safe shopping transactions
Mr. Rajiv Sabharwal, Executive Director, ICICI Bank, said, “At ICICI Bank, we strongly believe in the ‘Khayal Aapka’ philosophy of keeping the needs of the customer as the focus of all our initiatives. As part of our constant endeavour to bring new, innovative offerings to our customers, we are delighted to partner with UPSRTC to introduce this first-of-its-kind card in the country, in Uttar Pradesh. This card will give commuters of UPSRTC greater convenience and ease of travel. We are confident that this initiative will go a long way in setting new benchmarks for efficiency and help in increasing electronic payments in the country.”
Related reading
Merchants beating mobile payments providers at their own game
Mobile payments might be relatively new to America’s highly fragmented consumer market, but they’re catching like wildfire. In 2014, mobile payments accounted ... read more
Ingenico on Google POS and the the future of payments collaboration
I caught up with Guillaume Andre, Head of Marketing, Ingenico Northern Europe, to discuss the implications of a tech giant-payments provider collaboration-led future, and how Ingenico and Google might continue to innovate the POS system in the future.
An Internet of Things-connected future in prospect
The future is even closer than we think. The increasing pace of technological change means concepts formerly considered only abstract theories on a distant horizon are already nearly upon us. By Urs Gubser, Head E-Commerce, SIX Payment Services.
Ingenico’s Axium D7 world’s first GMS and PCI-PTS v5 certified payment device
“The smart terminal has moved beyond just accepting payments", said Patrice Le Marre, EVP of the Banks & Acquirers Business Unit at Ingenico Group, said of the world's first Google Mobile Services and PCI-PTS v5 certified terminal.