‘Co-branded Contactless Credit Card’- By IRCTC and SBI Card

Published on July 29, 2020
Current Context: Indian Railway Catering and Tourism and Corporation (IRCTC) in partnership with SBI Card have launched ‘Co-branded Contactless Credit Card’.
‘Co-branded Contactless Credit Card’- By IRCTC and SBI Card

  • The ‘Co-branded Contactless Credit Card’ is launched on the RuPay platform.
  • Launching of the card was made by Piyush Goyal.
  • The card is made by Near Field Communications (NFC) technology which provides transactions at point-of-sale (POS) machines by tap and pays options.
  • The NFC technology provides security for online transactions to the user.
  • The card will also provide safe, convenient and improved travel experience to all rail passengers.
  • Static Part: 
    • HQ of IRCTC: New Delhi
    • Chairman and MD of IRCTC: Mahendra Pratap Mall
    • HQ of SBI Card: Gurgaon, Haryana

Question: 

Q.1 Which organisation launched ‘Co-branded Contactless Credit Card’?
a. NITI Aayog
b. SBI Card
c. IRCTC
d. Both (b) and (c)

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