Sunday, 2 August 2020

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29 July 2020 Current Affairs:IRCTC of Indian Railways and SBI Card has launched Co-branded Contactless Credit Card on RuPay Platform. It is in line with Aatma Nirbhar Bharat, Digital India and Make In India mission. The new credit card is dedicated to the service of India the Union Minister of Railways and Commerce & Industry Piyush Goyal. 

Contactless Credit Card:
♦ Contactless Credit Card on RuPay Platform is aimed to offer a safe and protected transaction environment to its customers.
♦ New RuPay credit card has been equipped with Near Field Communication (NFC) technology. Hence, the users is allowed expedite their transactions at the point of sale (POS) machines by just tapping the card on the machines without requiring to swipe the card.
♦ The card will offer the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining, and entertainment and transaction fee waivers.
♦ The Cardholders will receive up to 10% value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car & AC Chair Car bookings made at IRCTC website. 
♦ It also offers an online transaction fee waiver, 1% of the transaction amount, 1% fuel surcharge waiver, and 4 premium lounge free access at Railway stations in a year.
♦ The users is allowed to redeem the accumulated reward points against purchase of train tickets on IRCTC’s ticketing website. 
♦ The IRCTC SBI card offers several benefits for online shopping portals apart from the saving from rail travel. 
♦ Customers can also avail discounts while shopping at e-commerce sites.
♦ The main objective of the card is to ensure a safe, convenient and improved travel experience for the rail passengers.

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