SBI along with NPCI, Japan s JCB launch contactless debit card yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Contactless cards allow for faster and more convenient payments at participating merchants in India without the need to enter a PIN. The RBI has increased the per transaction limit for contactless card transactions based on stakeholder feedback and the benefits of contactless transactions during the COVID-19 pandemic.
AMSTERDAM, December 07, 2023 Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment method usage varies greatly between countries and age groups. The characteristic of anonymity is only attributed to cash, while the characteristics of speed and convenience are attributed to digital payment methods such as card payments and payment services.