State Bank of India, National Payments Corporation of India and Japan’s JCB International Co on Tuesday announced the launch of ‘SBI RuPay JCB Platinum Contactless Debit Card’. It will enable customers to perform both contact and contactless transactions in the domestic market and seamless contact transactions overseas.
The card has been launched on the RuPay network by SBI in association with JCB, which is a major global payment brand and a leading credit card issuer and acquirer in Japan. Customers would be able to transact on Automatic Teller Machines ( ATMs) and Point of Sale (PoS) terminals across the globe under JCB’s network. They can also shop online from JCB-partnered international e-commerce merchants using the card. The card supports RuPay offline wallet-based transactions, enabling an additional payment mode within the card. Consumers will be able to load the offline wallet and utilise it for transit in India (bus and metro) and retail (merchant) payments. Customers would have access to JCB PLAZA Lounge – in-city exclusive lounges for JCB card members – in prominent travel destinations such as Bangkok (Thailand), Orchard Road (Singapore) and Paris (France).