MoneyWorks4Me

RBL Bank, Mastercard launches mobile payment solution ‘Masterpass QR’

17 Nov 2016 Evaluate

RBL Bank in association with Mastercard has launched a mobile payment solution, Masterpass Quick Response (QR). RBL Bank becomes the first bank to integrate the Masterpass QR service into the OnGo digital wallet, its mobile platform powered in conjunction with India Transact Services.

Masterpass QR enables mobile banking users to safely pay for face-to-face purchases using their smartphones or feature phones.

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. It currently services over 2 million customers through a network of 201 branches and 373 ATMs spread across 16 Indian states and Union Territories.



Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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