HDFC Bank Ltd.

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HDFC Bank ties up with ItzCash Card and Visa to launch corporate gift cards

Date: 14-01-2013

HDFC Bank, second largest private sector lender, has tied up with a multi-service prepaid card company ItzCash Card and Visa to launch corporate gift cards ‘The HDFC Bank ItzCash Visa Gift Card’, which offers a wide range of products and can be used at over a million outlets where Visa cards are accepted.

The card can be purchased for any value and employers can use the card to reward staff members, customers or pay commissions. The gift card is valid for one year and it cannot be reloaded by paying at any of the bank’s branches and it cannot be used at any ATMs for withdrawal of cash.

To protect cardholders from unauthorized purchases in case their card is stolen, the card comes with a range of security features. The card can be used for purchases at shop and for online transactions over the Internet.

HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 21 million customers across hundreds of Indian cities using multiple distribution channels including a pan- India network of branches, ATMs, phone banking, net banking and mobile banking.