Axis bank has launched multi-currency contactless card or forex card in partnership with Visa -the payments gateway company. Axis Bank would be the first bank to issue multi-currency contactless cards or ‘tap and pay’ cards which can be loaded in 15 currencies such as Swiss Franc and Hong Kong dollar besides the three main currencies -US dollar, Euro and British Pound. Axis Bank has also launched contactless debit and credit cards for its premium customers.
The Bank will upgrade close to about one-fourth, or 50,000, of its point of sale (PoS) machines so that they can accept debit and credit card payments from contactless cards.
Axis Bank
- Axis Bank Limited (formerly UTI Bank) is the third largest public sector bank in India.
- Axis Bank operates in four segments: Treasury operations, Retail banking, Corporate/Wholesale banking and other banking business.
- The headquarters of Axis Bank is at Mumbai, Maharashtra.
- In 2014, Axis Bank upgraded its representative office in Shanghai to a branch.
- Deepika Padukone, a Bollywood Actress is the present brand ambassador of Axis Bank.
- Badhti ka nam zindagi is the tagline of Axis Bank.
- Shikha Sharma is the current MD and CEO of Axis Bank.
Test Your Knowledge
Which bank has launched India’s First Contactless Credit and Debit Cards?
