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Federal Bank introduces 'Flash Pay' RuPay smart key chain for secure contactless payments. Details here

  • Abeer Ray--Livemint
  • published date: 2024-03-25 06:53:21 UTC

Flash Pay from Federal Bank is a distinctive RuPay Smart key chain designed for contactless payments, distinguishing itself as the first of its kind with NCMC technology.

Customers can conduct contactless transactions (up to 5000) without a PIN and will need PIN authentication for amounts exceeding this limit. The daily transaction limit at any POS terminal is set at … [+5804 chars]