Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

BoM Partners With NPCI To Launch Contactless Credit Card On RuPay

The BOM Platinum RuPay Contactless Credit Card has been specially curated with a range of benefits suiting the requirement of the customers.

Photo Credit :

1622634572_ez5vB1_NPCI_official_logo.png

Bank of Maharashtra (BoM) on Thursday, said that it has joined hands with National Payments Corporation of India (NPCI) to launch its first credit card on the homegrown card payment network, RuPay. 

The BOM Platinum RuPay Contactless Credit Card has been specially curated with a range of benefits suiting the requirement of the customers, according the official statement. 

As part of the welcome benefit, users of this card will get 100 reward points on their first retail spends worth Rs. 1000 or more.

The BoM Platinum RuPay Contactless Credit Card comes with the card liability cover wherein customers will have zero liability post reporting of fraud. They will also be protected against card counterfeiting, card skimming and other online frauds as part of this cover, the statement added. 

The users of BOM Platinum RuPay contactless credit card will have an option to convert all their eligible transactions of Rs. 5000 and above, into easy EMIs as per their preferred tenures. They just need to simply choose the EMI option in the credit card self-care portal of the bank. 

“Bank of Maharashtra is committed to extend new age Banking convenience to our Customers with enhanced digital experience. Now Bank is launching Rupay Platinum contactless credit card with NPCI on homegrown Rupay Card Network. We envisage to fulfill the ever evolving customer needs by exploring new avenues while adding to our customer delight. This will also add fillip to our indigenous financial services in days to come,” said Managing Director and CEO, Bank of Maharashtra, A S Rajeev. 

The BOM Platinum RuPay Contactless Credit Cardholders are also entitled to a complimentary annual membership fee for the first year. If the customers spend more than Rs. 30000 in a year, the annual charges will be waived off for the second year onwards. 

“Bank of Maharashtra is among the major public sector banks in the country and we are happy to collaborate with them to launch BOM Platinum RuPay Contactless Credit Card. The credit card will offer customers a seamless and delightful purchasing experience. We believe our association with Bank of Maharashtra will aid wider penetration of RuPay contactless credit cards in the country," said COO of NPCI, Praveena Rai.


Tags assigned to this article:
BoM npci Contactless Credit Card rupay