Karnataka Bank has launched a new indigenous RuPay debit card – National Common Mobility Debit Card in line with the vision of the Ministry of Housing and Urban Affairs. The international contact-less card is a debit cum prepaid and inter-operable transport card. M S, Managing Director & CEO of the bank, while inaugurating the pilot launch of the RuPay NCMC card, said this is the bank’s first-ever contactless debit card and is expected to change the bank’s paradigm to a great extent, especially in retail payments by its unique features of ‘Tap & Go’ and ‘Offline wallet’ payments. The card enables holder to make payments without dipping/inserting the card at PoS terminals, can effect payments at toll plazas, metro transits, parking lots, retail outlets, smart cities, the wallet supports small ticket size offline payments through the value stored in the chip of the debit card and enables domestic, and international transactions through ATM, PoS and e-Commerce
