Product Launch-Central Bank of India Gift Card

Product Launch-Central Bank of India

Central Bank of India, Rev and MasterCard to introduce new payment products

Central Bank of India, Rev India and MasterCard have joined forces to roll out a range of payment solutions on the Indian market.

Just prior to Diwali, Central Bank of India, has launched this new product. Diwali in India, is a major festival, and also a time for Gifts.

This product is the first of its kind in India, as it is aimed for Indian Consumers without bank accounts or credit cards.

As the upper-limit of the Card is pre-determined, this Card is a good option to minimize fraudulent transactions too.

I am sure, Central Bank of India, has taken into consideration the KYC/AML Norms, as the target group is Indian Consumers without bank accounts or credit cards.

The Central Bank of India MasterCard Gift Card and the Rev MasterCard Virtual Card, both issued by the Central Bank of India, are the first of this series of products.

The Central Bank of India MasterCard Gift Card provides customers with a gift option that recipients can redeem when making purchases anywhere MasterCard is accepted in India. With the Rev MasterCard Virtual Card, buyers can make purchases online, over the phone or by mail order at any location which accepts MasterCard. Both cards are mainly aimed at Indian consumers without bank accounts or credit cards.

More Details can be obtained at:

https://www.centralbankgiftcard.co.in/en_CBIN_Central_Bank_Of_India_Central_Bank_Of_India_Gift_Card_Advantages.cms

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