- It is basically a Common Payment Card System (CPCS), which is powered by Ru-Pay.
- ICICI Bank has launched this smart card system in partnership with Greater Chennai Corporation (GCC) and Chennai Smart City Limited (CSCL).
- The ‘Namma Chennai Smart Card’ will help the user to have a one-stop solution for making all kinds of payment transactions.
- The prepaid smart card will allow retail payments within Chennai as well as in retail stores and e-commerce websites in India.
- The card is having various features like card block/unblock, activation, pin-reset etc.
- In the coming days, the residents will also be able to reload the card digitally through UPI on the customer portal or the iSmart City app. They will be able to manage the card online with the help of the iSmart City app or via the customer portal.
- Static Part:
- HQ of ICICI Bank: Mumbai
- MD and CEO of ICICI Bank: Sandeep Bakhshi
- Tagline of ICICI Bank: Hum Hai Na, Khayal Aapka
Question:
Q.1 Which bank launched ‘Namma Chennai Smart Card’?
a. Canara Bank
b. Bandhan Bank
c. ICICI Bank
d. Axis Bank
a. Canara Bank
b. Bandhan Bank
c. ICICI Bank
d. Axis Bank