FamPay launched India’s 1st numberless card, Famcard
- Posted By
10Pointer
- Categories
Polity & Governance
- Published
23rd Jul, 2020
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- FamPay, India’s first Neobank for teenagers, in partnership with IDFC First Bank launched India’s 1st numberless card, FamCard.
- FamPay with National Payments Corporation of India (NPCI) developed this card.
- For every transaction a ‘Flash PIN’ is generated.
- Can maintain zero balance & no hidden cost– They can maintain a zero balance and there are no hidden charges or costs attached to any transactions.
- Karur Vysya Bank has launched India’s 1st prepaid wallet card ‘Enkasu’ (My cash in Tamil) in Karur, Tamil Nadu (TN) under its Quit cash movement.
.PNG)
