MD J&Okay Financial institution Launches Tender POS, Premium Debit Playing cards – Kashmir Observer

MD J&Okay Financial institution Launches Tender POS, Premium Debit Playing cards – Kashmir Observer

MD J&K Bank Launches Soft POS, Premium Debit Cards

Srinagar- Including additional comfort to the digital banking, funds for the individuals, J&Okay Financial institution on Monday unveiled its two new digital merchandise.    

MD & CEO Baldev Prakash at this time launched the Financial institution’s Tender POS and Premium Debit Playing cards (with Platinum & World variants) on the Zonal Headquarters (Jammu) in presence of Government Director Sudhir Gupta, Normal Managers together with Divisional and Zonal Heads moreover many senior officers of the financial institution.

Talking on the event, MD & CEO appreciated the administration and workforce of the Financial institution for his or her efforts to repeatedly improve buyer expertise by way of new digital choices. He stated, “I really feel happy to see the continual evolution of our digital choices which aren’t solely aggressive in options and pricing however examine properly with the business by way of supply and customer-experience.”

“With unprecedented development and use of cellphones within the nation, Tender POS will additional remodel panorama of enterprise funds by making the administration of transactions simple, secure and environment friendly. The working ranges have to undertake efforts to leverage these new services for enhancing customer support supply significantly on digital platforms”, he added.

“The Banks Tender POS App has been supplied with Contactless cost choices for MasterCard, Visa and Rupay networks and might settle for funds utilizing Debit and Credit score Playing cards”, stated Normal Supervisor (CCB) Narjay Gupta after the launch of Tender POS.

Notably, Tender POS – an modern know-how product – is a cell app that enables companies to simply accept card funds in contactless-mode immediately on their (NFC Enabled) smartphones by way of a easy faucet of the cardholder’s contactless credit score or a debit card. The App additionally has a value-added characteristic for a Money Register (e-Khata) which might report money in addition to card transactions making it handy for the retailers not solely to keep up a report of all bills however assist them analyse the info to additional scale up their POS operations.  

In his remarks on the launch of Premium Debit Playing cards, Normal Supervisor (DLM) Syed Shafat Hussain Rufai stated, “We’ve got designed two variants of Premium debit playing cards as per the necessities of the goal customer-segment whereas making them attractively feature-rich.”

Pertinently, the Financial institution’s Premium Debit card variants have larger day by day buy & money withdrawal limits, moreover affording the cardholders with lounge entry at choose Home & Worldwide Airports. Furthermore, the premium variants additionally produce other enticing options which embrace free purchasing vouchers, low cost affords on golf companies, Free Wellness App subscription and lots of extra.

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