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Indusland Bank to Launch Battery-Powered Interactive Payment Card

Published on January 13, 2018
IndusInd Bank and Dynamics Inc. announced their plan to introduce the first battery-powered Interactive Payment Cards at the 2018 Consumer Electronics Show (CES).

  • Dynamics Inc. a Pennsylvania-based company will design and manufacture these interactive payment cards.
  • The card will have various buttons to enable the customer to use that single card in multiple ways.
  • With the touch of a button, consumers can select credit points or monthly instalments as the payment option.
  • It will activate a different colour light based on the selected payment option.
  • These interactive payment cards require no changes to be made to the payment infrastructure or merchant systems. Consumers can pay using points or via instalment method wherever MasterCard is accepted.

IndusInd Bank

IndusInd Bank was established in 1994 and has its headquarters in Mumbai, India. It was founded by S P Hinduja and has Romesh Sobti as its current CEO. It caters to the needs of both consumer and corporate customer. The IndusInd Bank also has representative offices in London, Dubai and Abu Dhabi. On April 1, 2013, it was included in the NIFTY 50 benchmark index. 

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