Axis Bank Ltd.

Axis Bank has launched its Contactless Secure+ Debit Card for regular savings account customers, to provide access to a larger customer base with contactless technology. The card, launched on the Visa payWave platform, will enable the bank’s customers to conveniently ‘Just Wave to Pay’ at NFC-enabled point of sale (POS) terminals and also use the card as a normal debit card at any POS terminal.

Axis Bank’s Contactless Secure+ cards have an embedded microchip and an antenna (based on radio frequency) enabling contactless communication with a reader at the checkout. It enables Cardholders to make faster payments in a convenient and secure manner.

The bank has recently in association with Suvidhaa Infoserve, a payments/remittance firm, launched ‘Nano Credit’, a pre-approved, instant and unsecured loans for the urban low-income customer segment.