State Bank of India, National Payments Corporation of India, and JCB International have announced the launch of the SBI RuPay JCB Platinum Contactless Debit Card.
The card has been launched on the RuPay network by SBI in association with JCB. It allows customers to make transactions at ATMs and POS terminals across the globe under the JCB network as well as to shop online from JCB partnered international ecommerce merchants.
The card also supports RuPay offline wallet-based transactions. Customers will be able to load the offline wallet and use it for retail and transportation payments in India.
Ms. Praveena Rai, COO, National Payments Corporation of India (NPCI) said,
“We believe our collaboration with SBI and JCB will provide the cardholders compelling benefits and an unparalleled value proposition both in Indian and international markets. SBI RuPay JCB Platinum Contactless Debit Card holders can now use their cards at millions of locations in the world. It is also great to witness RuPay strengthening its foothold in international markets through our networks. We at NPCI constantly strive to offer an evolved and personalised shopping experience to the customers, and augment the existing segment of RuPay card holders.”
Ms. Vidya Krishnan, Chief General Manager, State Bank of India said,
“We are pleased to launch the ‘SBI RuPay JCB Platinum Contactless Debit Card’ through our strategic partnership with NPCI for RuPay and JCB. We believe the tap and pay technology on the Card will simplify the everyday purchases of customers with secure and fast contactless payments. With several attractive benefits and offers associated with this contactless Debit Card, we are hopeful that this Card would not only provide a rewarding shopping experience to the cardholders but also make their international travels worthwhile. At SBI, our consistent endeavour is to offer a differentiated and customised experience to our diverse set of customers in terms of their regular spends and transactions.”
Mr. Yoshiki Kaneko, President and COO of JCB International Co., Ltd. said:
“We are extremely happy and honoured to have the largest bank in India, State Bank of India, as a RuPay JCB Global Debit Card issuing partner. Together with our esteemed network partner, NPCI, we will bring best in class technology, access to the vast JCB global merchant network, and special offers and privileges to SBI customers. As more and more Indian customers adopt digital modes of payment to transact both domestically and internationally, we are sure this product proposition will be enjoyed and appreciated by the cardmembers.”
