Union Bank of India has launched Ucontrol, solution designed to give customers the convenience of controlling their credit card usage with a mobile application. Powered by Worldline, the European payment and transactional services industry, the service enables customers to control where and how their credit cards are used. With the Ucontrol, the cardholders can now manage usage of all their Union Bank of India credit cards from a single mobile application. Cardholders need to upload the card details on the mobile app which will enable them to manage the card in various ways. One can enable and disable transaction channels like POS, ATM and the internet, as well as activate/deactivate the card(s) itself and enable/disable foreign transactions for particular countries and currencies. Apart from controlling usage, the cardholder can also receive transaction alerts for payments made through the cards registered on the app. The Ucontrol app also allows him to analyze spends of the last three months. Depending on the card uploaded, the customer can monitor and analyze his personal spends as well as that of dependants or joint cardholders (children, spouse etc). The solution has been made will be available to customers of the bank. Union Bank of India CMD Arun Tiwari said the bank strives to adopt and leverage technology to expand the reach of banking services to more customers and create a seamless, user-friendly and secure banking experience for them. A personalized payment application like Ucontrol helps customers take charge of their card usage, he said.
