On Monday, State Bank of India (SBI) issued the highest number of credit cards in India. It announced a collaboration with Google to enable customers to use their cards on Google Pay platform. Now all the users can make card payment by using Google Pay app on their Android smartphones in three modes such as via tap-and-pay at near field communication (NFC) enabled point-of-sale terminals, by scanning Bharat QR code at the merchant as well as online payments without using the physical credit card.
The launch is in line with SBI Card’s endeavour to promote zero contact, digital forms of payments for safe and enhanced customer experience. The brand has a customer base of over one crore.
“As smartphone penetration in India soars, credit cards have also changed form to reside securely on the mobile phone. Our partnership with Google opens up a new, secure and seamless payment route for our customers using smartphones,” said Ashwini Kumar Tewari, Managing Director and CEO at SBI Card.