Union
Bank of India customers can now receive funds through IMPS (Immediate Payment
Service) just by letting the remitter know their Account Number and IFS Code.
This
eliminates the need for MMID. Of course, MMID has its own advantages. The main advantage of MMID is that the
remitter need not know the account number of the beneficiary.
Union
Bank of India, to encourage its customers to utilize the Debit Cards or credit
cards to the maximum has launched a Debit Card Rewards
program.
This
new campaign by Union Bank in the final month of the financial year is sure to
increase the transaction numbers of its debit cards.
The
program has been named as Union Rewardz. Yes, very similar to SBI Rewardz
program.
The
highlights are:-
Automatic pre-enrolled as a
member, as long you have a valid Debit or Credit Card of Union Bank of India.
01) Reward points
accrue on all transactions made through
your Debit & Credit Cards at POS and E-Commerce outlets.
02)
These reward points can be redeemed against
thousands of merchandise items, movie, bus & air tickets, gift vouchers
& more.
03)
With every purchase perRs. 100, the card holder
can earn Union Points.
04)
A minimum of Rs100/- has to spend every time to
earn 1point.
05)
Once you get 100 Union Points, than you can start
the redemption process.
So Union Bank Credit/Debit Card
holders register now at
www.UnionRewardz.com or by calling 18001088000.