The evolution of technology has helped us simplify our lives. The most common example of this can be seen when we buy and take out the wallet to make a payment, however unlike in the past all we have to do is wave our card at the payment terminal (POS machine) and explode the payment. processed in no time.
In a welcome gesture, RBI recently announced an increase in the limit for contactless transactions to Rs 5,000 from Rs 2,000 per transaction. Now tap to pay with your SBI Visa contactless credit card without needing to enter your PIN for transactions up to Rs.5000. This not only contributes to the wider acceptability of NFC powered contactless payments, but also considerably reduces the waiting time at the payment counter for customers using contactless payments on their Cards. The improved limit will open up new categories such as clothing, electronics and catering, where customers can securely transact through Visa SBI contactless credit cards.
SBI Card worked with Visa to launch a campaign to raise awareness of this limit increase and to drive adoption of contactless credit cards. In the campaign We see a mother shopping for treats for her child and friends using the SBI Contactless Visa credit card, celebrating her new ‘cashless confidence’. It shows how easy and effortless it is to make payments with the Visa SBI contactless credit card.
During the 30-day campaign period, the SBI card offers an additional incentive to encourage contactless payments. First-time contactless users can enjoy Rs. 75 Cashback on a contactless transaction worth Rs 750 or more when they make their first payment in person using their Visa SBI credit card without contact. This offer is valid until March 25, 2021. T&C
In addition to the ease of use and the offer, contactless payments are also encrypted and secure on the digital facade. Your SBI Visa contactless card comes with a built-in chip that interacts with the payment terminal and processes the payment. The payment terminal (POS) is also equipped with an NFC chip that reads your card details from the one on the card and authorizes the transaction. Once the transaction is completed, you get a customer copy of the printed receipt from the payment terminal and furthermore you will receive an alert on your mobile from SBI Card, informing you of the successful transaction. All this, only when the merchant enters the amount on the card machine for debit, and at a distance of less than 4 cm between the card and the machine. Awesome, isn’t it?
So what are you waiting for? Prepare your shopping bags to enjoy the shopping experience with cutting edge technology and don’t forget the added reward either.
To apply for the Visa SBI contactless Prime card, click here
To activate contactless transactions, existing SBI card customers can visit the SBI card website / app.