Union Bank of India to join National Electronic Toll Collection (NETC)

          Union Bank of India has finally decided to join the National Electronic Toll Collection (NETC) bandwagon.  

Union Bank of India’s Head-Digital Banking has floated a REQUEST FOR PROPOSAL (RFP) for  ‘Selection of Vendor for Implementation of National Electronic Toll Collection (NETC) -Acquiring on OPEX Model’, in September 2018

          Union Bank of India, a Public Sector Bank has its Head Office at 239, Vidhan Bhavan Marg, Union Bank Bhavan, Nariman Point, Mumbai – 400021,and it’s its Digital Banking Department is in the same building on the  7th Floor.

Union Bank of India has a physical presence through its 4200+ branches spread across the country.

Bank has implemented a Core Banking Solution covering all its branches and also extends services to its customers via number of delivery channels like ATM, e-banking, Mobile banking, IMPS , POS, Debit/Credit Cards, Unified Payment Interface (UPI) , Union Selfie &Mpassbook, Ucontrol App for credit cards, Payment Gateway & Access control server solution, Bhim Aadhar, Bharat QR etc.

Now, seeing the potential of NETC, Union Bank of India too has decided to join the same.

Let us wait and see the benefits of NETC to Union Bank of India