City Union Bank moves up on launching ‘On the Go Payment Solution’ through debit card in fitness watch

City Union Bank Ltd. | Bank - Private | BFSI | BSE: 532210 | NSE: CUB

25 Jan 2022 Evaluate

City Union Bank is currently trading at Rs. 142.20, up by 3.65 points or 2.63% from its previous closing of Rs. 138.55 on the BSE.

The scrip opened at Rs. 138.00 and has touched a high and low of Rs. 141.70 and Rs. 137.00 respectively. So far 13531 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 189.60 on 04-Mar-2021 and a 52 week low of Rs. 129.00 on 20-Dec-2021.

Last one week high and low of the scrip stood at Rs. 145.50 and Rs. 136.80 respectively. The current market cap of the company is Rs. 10414.00 crore.

The Institutions holding in the company stood at 59.94%, while Non-Institutions held 40.06%.

City Union Bank (CUB) has launched 'On the Go Payment Solution through Debit Card in Fitness Watch’. The Wrist Watch is mapped to the operative account of the customer. For making payments at PoS machines, the customers will have to hold this wristwatch in front of the PoS device during the payment like tapping the card on PoS. For payments above Rs 5,000, the customer will have to tap and enter their PIN.

Customers can set a limit for their payments using the net or mobile banking. Payments made using this debit card in a Fitness Watch are safe and secure. For each transaction done using the watch, SMS will be sent to the registered mobile number. Customers can raise a request for the Fitness Watch Debit Card through net banking or mobile banking. Usage of the wristwatch can be managed by customers on their own through CUB net banking or all in one mobile app.

Besides, being useful for making contactless payments, this fitness watch enables the wearer to monitor their Oxygen Level (SpO2), body temperature, heart rate, blood pressure and 18 exercise modes. It also comes with a free wellness package for three months comprising a personal health coach, doctor tele-consult and interactive video coaching.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations.

City Union Bank Share Price

254.30 -5.85 (-2.25%)

11-May-2026 16:59 View Price Chart

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