Published On: Tue, Jan 13th, 2015

Contactless Debit and Credit Cards

ICICI-Contactless-Debit-and-Credit-Cards

ICICI Bank
ICICI bank has become the first bank to launch the countries first contactless debit and credit cards. The cards use the near-field communication technology, enabling one to make payments by just waving the card near merchant terminals instead of swiping the same. The bank has introduced these two cards in Mumbai, Hyderabad and Gurgaon to begin with and it has installed over 1,200 PoS machines capable of accepting contactless payments in these cities.

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