Citizens Bank Launches Contactless Card Service
January 24, 2021 | Investopaper
Citizens Bank International Limited has launched Visa contactless card service. The bank has made a provision to use the card tap facility based on Near Field Communication in POS machines. In this technology, payment can be made by simply tapping the POS machine from a limited distance without inserting the card inside the machine.
The technology is simple and easy and can be used without touching anyone at the current risk of covid, said the bank. As per the directive of NRB, up to Rs 2,000 per transaction can be transacted through this technology.
Citizens bank has been providing services through 109 branches, 98 ATMs and 107 branchless banking units spread across the country.
