Tuesday, January 5, 2016

Axis Bank launches country’s first ‘display variant’ debit card Axis bank

Country’s third largest private bank Axis Bank has launched country’s first ‘display variant’ debit card which will ease generating one time password (OTP)over SMS while transacting.
  • The card has an embedded EMV chip, a display screen and a touch-sensitive button which helps generating the OTP on the card itself. So the customer will not have to wait for receiving the OTP via SMS or mail while transacting.
  • The card will allow free ATM access across the world, offers on lounge access, loyalty points on transactions and an air accident insurance of Rs 25 lakh and a personal accident insurance of Rs 5 lakh.

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