SBI Card and IRCTC launch co-branded contactless credit card on RuPay platform

SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has launched the IRCTC SBI Card on RuPay platform. Designed to reward frequent railway travellers, the card offers travellers on Indian railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.

Daily Current Affairs Quiz 2020

Key-Points

The new RuPay credit card is equipped with Near Field Communication (NFC) technology with which, users can expedite their transactions at the POS machines by just tapping the card on the machines.

Designed to reward frequent railway travellers, the card offers travellers on Indian railways savings proposition on their travel besides benefits on retail, dining and entertainment besides transaction fee waivers.

Near Field Communication (NFC) is a contact-less communication technology based on a radio frequency (RF) field using a base frequency of 13.56 MHz.

NFC technology is perfectly designed to exchange data between two devices through a simple touch gesture.

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