SBI Launches New Service, Withdraw Money from PoS with the help of Mobile without Card and PIN

This is the first transaction service of its kind.
SBI Launches New Service, Withdraw Money from PoS with the help of Mobile without Card and PIN

State Bank of India is often taking some steps for its customers. Recently, where the bank has decided on the loan and interest rates, now the bank has started service with the help of which you will be able to pay with the help of your mobile on PoS machine without ATM card and PIN number, as well as Will be able to withdraw money. State Bank has named it SBI Card Pay Facility. This facility allows payment on Point of Sales (PoS) machines by showing only mobiles without cards. This is a major step towards strengthening the digital banking while making the banking experience of the customers easy and better. This is the first transaction service of its kind.

SBI Card Pay Service is a contactless card payment service that will help in making payments anywhere without card and PIN.

new Delhi. State Bank of India is often taking some steps for its customers. Recently, where the bank has decided on the loan and interest rates, now the bank has started service with the help of which you will be able to pay with the help of your mobile on PoS machine without ATM card and PIN number, as well as Will be able to withdraw money. State Bank has named it SBI Card Pay Facility. This facility allows payment on Point of Sales (PoS) machines by showing only mobiles without cards. This is a major step towards strengthening the digital banking while making the banking experience of the customers easy and better. This is the first transaction service of its kind.

This way you can withdraw money and pay

Talking about how to use this card payment facility of State Bank, it will be very easy. For this, you only have to show your mobile. Customers will take the help of Near Field Communication (NFC) technology in SBI Card Pay for payment and transaction. To take advantage of this facility, customers must first download the SBI Card Pay app on their mobile phone and register their card in it. After doing this, the customer will be able to make payments and withdraw cash on tap once by taking the mobile to the PoS machine.

Hardayal Prasad, MD, and CEO of SBI Card, said about this new service that SBI Card will allow the customer to set per transaction and daily transaction limit as per their wish. Currently, other HCE apps allow customers up to Rs 2000 transactions and payment of Rs 10,000.

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