IDFC FIRST Bank is a company that operates a Near Field Communication (NFC) enabled point-of-sale machine, FIRSTAP . The countrys first sticker-based debit card has been introduced in association with National Payments Corporation of India .
INDIA (Maharashtra), November 24 (): IDFC FIRST Bank is a company that operates a Near Field Communication (NFC) enabled point-of-sale machine, FIRSTAP, the country's first sticker-based debit card, has been introduced in association with National Payments Corporation of India (NPCI), to facilitate transactions by simply tapping the sticker on a wide variety of devices and objects, thus making the sticker compatible on a wide range of devices and devices.Customers can affix the Sticker-based Debit Card to any surface of their choice, such as cell phones, ID cards, wallets, tabs, airpod cases, etc.The object can be used to tap and pay, eliminating the need to carry a Debit Card or adjusting to wearable equipment such as watches and rings or entering a UPI PIN after scanning a QR code.5,000 without a PIN and those above that with a tap and PIN are valid, according to Sumit Madan, Head-Retail Liabilities and Branch Banking, IDFC FIRST Bank.We are committed to using contactless methods for smooth digital transactions as a customer-first bank.The debit card is lightweight to transport and allows for quick check-out.Unlike a purse, the stick is made of plastic.This design feature is seen in a variety of applications, and we're very optimistic about its adoption. This latest innovative product is an ode to the go-getter, the energetic individuals who are always on the go.RuPay ON-THE-GO is revolutionizing the contactless payment industry with its flexibility and ease.With this modern look, it seamlessly adapts to the user's lifestyle while also being a contemporary option for modern Indians.At NPCI, we emphasize working with ecosystem partners to provide novel approaches to any existing latent demand. The founding of IDFC FIRST Bank was initiated by the merger of erstwhile IDFC Bank, which was later acquired by respected infrastructure finance company IDFC Ltd. and leading technology NBFC Capital First.The bank believes in providing customer-first services and was the first universal bank to offer monthly interest credit on savings accounts, the first bank to issue life-time free credit cards with no minimum spending requirements, the first bank to offer dynamic and low APR rates, evergreen rewards points, and many other such interesting products.Our aim is to improve the lives of millions of Indians by providing them with high-quality banking services.FIRST Bank, has a balance sheet of Rs. In a short period, the Bank has grown to 670 branches, 249 asset service centers, 812 ATMs, and 606 rural business correspondent centres around the region, as well as a next-generation net and mobile banking platform and 247 Customer Care services.IDFC FIRST Bank is dedicated to providing excellent service at competitive prices in India.The Bank also offers high-quality technology-enabled corporate banking solutions, modern cash management services, fleet card and FASTag solutions, and wealth management services.The National Payments Corporation of India (NPCI) was established in 2008 as an umbrella body for managing Indian retail payments and settlement mechanisms. It has changed the way payments are made in India by way of a suite of retail payment services such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC FasTag), and Bharat BillPay.NPCI is devoted to bringing new ideas into the retail payment industry through the use of technology, and is relentlessly striving to transition India into a digital economy.In honor of Indias goal to become a fully digital society,.is facilitating secure payments solutions with nationwide availability for a modest price. will not be liable in any way for the content of this page.(A)