MoneyWorks4Me

IndusInd Bank, Dynamics to introduce India’s first battery-powered interactive payment card

09 Jan 2018 Evaluate

IndusInd Bank and Dynamics Inc. at the 2018 Consumer Electronics Show (CES) announced plans to introduce the first battery-powered, interactive payment cards to the Indian market in 2018. The new IndusInd Bank card from Dynamics has multiple buttons that let the consumers use a single card to pay in multiple ways.

With a touch of a button consumers can select credit, points or monthly installments as payment option. A different colour light will activate based on the selected payment option. The solution requires no changes to the payment infrastructure or merchant systems. A consumer can pay using points or installment anywhere MasterCard is accepted.

IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. As on June 30, 2017, IndusInd Bank has 1210 branches, and 2090 ATMs spread across 687 geographical locations of the country.


Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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