- Pay easily for travel, dining and online purchase of movie tickets
- Pay your utility bills easily
- Withdraw money anywhere in the world
Overview
ICICI Bank, a subsidiary of ICICI Limited, was set up in the year 1994 and it was the first bank to be listed on the NYSE (New York Stock Exchange). This merger helped the company to enter new business segments and increase their market share for different business segments. ICICI’s immensely strong corporate relationships helped them to grow in this market.
ICICI Bank offers several debit cards with lucrative offers. Not only can you withdraw money anywhere but also you can avail offers on movie tickets, dining, travel and for other lifestyle requirements. Every month, withdraw up to 5 times from ICICI Bank ATMs and up to 3 times from any other bank ATMs free of charge. Any transaction after this would add Rs. 20 plus the applicable GST for each transaction. You can also pay your utility bills with your ICICI Bank debit card.
Types of ICICI Debit Cards
Premium Cards
The ICICI Culinary Treats offers you at least 15% discount at all leading restaurants across India. Enjoy special offers on movie ticket purchases and you can also enjoy complimentary access to airport lounges across India.
You are entitled to PAYBACK reward points on purchases made with your ICICI Bank debit card. Avail great offers on shopping, dining and movie ticket purchases and also get complimentary access to several airport lounges.
With this ICICI Bank debit card you can enjoy up to 15% discount on dining and avail some great offers on movie ticket purchases. You can save substantially at select fuel stations across India. You are also entitled to life insurance benefits worth up to Rs. 20 lakh and purchase protection worth up to Rs. 2.5 lakh with this debit card.
Personalize your ICICI debit card whichever way you like. Select from a wide range of images from the bank’s image gallery or choose an image of your own and flaunt it on your debit card.
Get 10% discount on all purchases from Ezoneonline and gift certificates worth Rs. 500 from Wills Lifestyle. You are entitled to 1000 PAYBACK reward points with this ICICI debit card.
Expressions Paywave NFC Debit Card
The Expressions Paywave NFC Debit Card comes with built-in NFC technology which allows you to make contactless payments at retail stores. This card promises great security with every transaction. Customize your card by choosing an image from the bank’s gallery or selecting a picture of your choice.
Personal cards
The Signature debit card allows you to save at refuelling stations across India and also earn PAYBACK reward points. With a higher online transaction limit of Rs. 2.5 lakh per day, this card helps you a lot during online shopping.
Save 2.5% fuel surcharge at all fuel stations across India and also earn 6 PAYBACK points on spending Rs. 200 at any merchant establishment in India. You are provided with life insurance worth up to Rs. 20 lakh and purchase protection worth Rs. 2.5 lakh.
Platinum Identity Chip Debit Card
The Platinum Identity Chip Debit Card provides you with enhanced security, better tracking and itemized billing features. Save substantially at any fuel station and enjoy higher daily transaction limits.
You get SMS alerts for every transaction that is done on this card which helps you to track your expenses on a regular basis. Earn 4 PAYBACK reward points for every Rs. 200 that you spend from your ICICI Bank debit card.
For every Rs. 200 that you spend at any retail store across India, you earn 2 PAYBACK reward points. You are entitled to life insurance worth Rs. 50000 and purchase protection worth Rs. 50000.
Smart Shopper Silver Debit Card
Regular SMS alerts are sent for every transaction that you make with this ICICI debit card which helps you track your expenditure better. Earn 2 PAYBACK reward points for every Rs 200 that you spend from this card.
There is a zero surcharge applicable when you refuel your car at select HPCL fuel stations. Additionally, the card provides life insurance worth Rs 50000 and purchase protection worth Rs 50000.
Privilege Banking Gold Debit Card
Earn 3.5 PAYBACK reward points on every Rs 200 spent from this card at any merchant establishment across India. The Zero Liability Protection feature ensures that your debit card is protected against fraudulent activities.
SMS alerts help to track expenses on a regular basis. You are provided with life insurance worth Rs. 15 lakh and purchase protection worth Rs. 1 lakh.
Smart Shopper Silver Debit Card (New)
Earn 2 PAYBACK reward points on every Rs 200 spent at any merchant establishment across India and 10 PAYBACK points on every Rs 200 spent at any merchant establishment outside India. The regular SMS alerts helps you to keep track of all your expenditures.
The NRE debit card allows higher withdrawal limits and transaction limits. Features like better tracking and itemized billing enhance the security of this card.
You can earn PAYBACK reward points every time you shop using your ICICI NRO debit card. Features like Zero Liability Protection, better tracking and itemized billing provide enhanced security to this card and also helps you to track your expenditures.
Senior Citizen Gold Debit Card
The Zero Liability Protection feature protects your card from fraudulent activities and heightens the security of your card. You can earn 3.5 PAYBACK points at any merchant establishment in India and 10 PAYBACK points at merchant establishments outside India, for every Rs 200 that you spend from this card.
Senior Citizen Silver Debit Card
You can earn 2 PAYBACK points on every Rs 200 spent at any merchant establishment across India and earn 10 PAYBACK points on every Rs 200 spent at any merchant establishment outside India. Instant SMS alerts for every transaction help you track your expenditure and protect you from fraudulent activities.
This ICICI debit card comes with itemized billing feature which helps you to track all your expenses on a regular basis. You can earn 2 PAYBACK reward points on every Rs 200 spent at merchant establishments across India.
Business debit cards
ICICI Bank Culinary Treats allows you to save at least 15% on all your dining bills at any leading restaurant across India. Zero surcharge is applicable at select HPCL fuel stations when you refuel your car.
Expressions Business Debit Card
You are entitled to complimentary access to airport lounges across India and there is zero surcharge when you refuel your car at select HPCL fuel stations. Get 6 PAYBACK points on every Rs 200 spent online or at retail stores inside India and 10 PAYBACK points on every Rs 200 spent online or at retail stores outside India.
Enjoy incredible offers on online movie ticket purchases and at least 15% discount on dining at select restaurants. Complimentary access to airport lounges across India can also be availed.
Business Banking Platinum Debit Card
You are provided with life insurance worth upto Rs 20 lakh and purchase protection worth Rs 2.5 lakh. ICICI Bank Platinum debit card has zero liability protection feature enabled on it which ensures protection from all fraudulent activities.
Business Banking Gold Debit Card
You can earn 3.5 PAYBACK points for every Rs 200 that you spend at merchant establishments across India. Regular SMS alerts helps\ you to keep track of your expenditures and enhances security of your card.
Unifare debit card
Enjoy incredible offers every time you book online movie tickets. Get 20% discount every time you travel by Mumbai Metro and also get complimentary access to airport lounges.
Mumbai Metro Platinum Debit Card
Avail 20% discount when you travel by Mumbai Metro. Earn 6 PAYBACK points on every Rs 200 spent at retail stores across India.
You are entitled to 10% discount when travelling by Delhi Metro. The microchip provided on this card protects the card from fraudulent activity as it is impossible to duplicate the chip.
Bangalore Metro Coral Debit Card
Get 15% discount while travelling in Bangalore Metro and 15% discount on dining at select restaurants. Zero surcharge is applicable when you refuel your car at select HPCL fuel stations.
Bangalore Metro Platinum Debit Card
You can get 15% discount while travelling by Bangalore Metro. Earn 6 PAYBACK points on every Rs 200 spent at retail stores across India.
Coral Paywave Contactless Debit Card
Known for security and convenience, Coral Paywave Contactless Debit Card protects every transaction you make at a POS outlet. All you have to do is to wave your Coral Paywave Contactless Debit Card at a distance of 4 cm from the merchant’s terminal and the payment will be processed without you having to hand over your card to the merchant. You can also buy 1 movie ticket and get another ticket absolutely free using your Coral Paywave Contactless Debit Card every month. Other benefits of this card include 15% discount on dining at select restaurants, complimentary airport lounge access, complimentary accident insurance and purchase protection, and zero surcharges on fuel purchases at select HPCL petrol pumps.
Expressions Paywave NFC Debit Card
With built-in Paywave technology, Expressions Paywave NFC Card allows customers to make contactless payments. With high security, these cards can help you in making a payment without handing over your card to the merchant. All you have to do is wave your card at a distance of 4 cm from the merchant’s terminal and your payment will be processed securely. You can also customise your Expressions Paywave NFC Card with a design you choose from a gallery of more than 160 images. Benefits of Expressions Paywave NFC Card include 15% discount on dining at more than 800 restaurants across the country, complimentary airport lounge access, zero surcharges on fuel purchases at select HPCL petrol pumps, payback reward points on debit card purchases, and flat 20% off on hotels.
Platinum Identity Chip Debit Card
Platinum Identity Chip Debit Card offers high withdrawal limit and discounts on online transactions. The best feature of this card is it has zero surcharges on fuel purchases at all petrol pumps. With air accident insurance of Rs.20 lakhs, personal accident insurance of Rs.10 lakhs, and purchase protection of Rs.2.5 lakhs, Platinum Identity Chip Debit Card is one of the best debit cards offered by ICICI Bank. This card also has a strong payback reward program and zero liability protection.
Smart Shopper Silver Debit Card
Avail exciting discounts on shopping, dining, and more with Smart Shopper Silver Debit Card. With daily withdrawal limit of Rs.50,000 at ATMs and a daily purchase limit of Rs.1,00,000 for both domestic and international transactions, Smart Shopper Silver Debit Card is one of the debit cards offered by ICICI Bank that offers high withdrawal limit. Smart Shopper Silver Debit Card holders also benefit from zero surcharges on fuel purchases at select HPCL pumps, excellent payback program, air accident insurance of Rs.50,000, purchase protection of Rs.50,000, better tracking, and itemised billing.
Young Stars Debit Card
With withdrawal limit of Rs.5,000 in both ATM and POS terminals, Young Stars Debit Card is one of the most popular debit cards offered by ICICI Bank. This card has benefits like secure online transactions, SMS alert on your POS transactions, zero-liability protection, itemised bills, and an excellent payback program.
Expressions Coral Business Debit Card
Get the best of both Expressions Business Debit card and Coral Business Debit card with Expressions Coral Business Debit Card offered by ICICI Bank. This card comes with excellent joining benefits like a discount of Rs.400 on minimum purchase of Rs.2,500 at Shopclues.com, John Players gift certificate of Rs.500, Cleartrip discount voucher of Rs.1,550, Kaya gift voucher worth Rs.1,000, and 1,000 bonus payback reward points. Cardholders also enjoy high withdrawal and transaction limit, complimentary airport lounge access, 15% discount on dining at select restaurants, and complimentary air accident insurance cover of Rs.20 lakhs, personal accident insurance of Rs.10 lakhs, and purchase protection of Rs.2.5 lakhs.
Titanium Business Debit Card
Enjoy exciting offers on cashless transactions, travel, accommodation, and other business categories at both domestic and international locations. Titanium Business Debit Card offered by ICICI Bank comes with an EMV chip card which secures all your transactions. With this card, you also get complimentary air accident insurance of Rs.20 lakhs, personal accident insurance worth Rs.5 lakhs, purchase protection of Rs.1 lakh, zero-liability protection, zero surcharge on fuel purchases at select HPCL pumps, and excellent payback rewards.
DMRC Coral Debit Card
This card is designed to make travel convenient. With exciting features on cashless payments, shopping, dining, and entertainment, DMRC Coral Debit Card is perfect for travellers. The debit card comes with joining benefits where customers also get Rs.500 worth John Players Gift certificate, Cleartrip discount voucher of Rs.1,550, Kaya gift voucher worth Rs.1,000, flat 5% discount on Ezoneonline, and 1,000 bonus payback reward points.
ICICI Debit Card Welcome Offer
The ICICI Debit Card brings you even more reasons to smile, with their exclusive Welcome Offer. Now, you can win Cash Back up to Rs 150 on your ICICI Debit Card spends. To avail this special offer, you just need to follow the following 3 steps:
- To begin with, send an SMS with the text ‘GET 150’ from you’re your registered mobile number to 5676766 to be eligible for the cash back offer.
- Following this, you need to use your ICICI Bank Debit card for a minimum of 3 payment transactions at supermarkets, restaurants, for travel bookings, online purchases, fuel purchases or bill payments. Each transaction must be for Rs 500 or more.
- That’s all. You shall receive your Rs 150 Cash Back in your ICICI account within a month of the offer closing.
All ICICI Bank Savings Account and Current account customers are eligible for this offer. Do remember, this offer is only valid for a period of 60 days, starting from the account opening date. So, hurry!
ICICI Bank Debit Card Offers
- Avail incredible offers when you book online movie tickets using the BookMyshow mobile application
- You can get minimum 15% discount on dining at leading restaurants across India
- You are entitled to 10% discount on purchasing two tickets from Runbus.in
- ICICI Bank debit card offers you 15% cashback when you spend Rs.3000 or above on Sulekha.com
Earning ICICI Reward Points - A quick glimpse
Unexpected windfall every time you swipe. This is how you save on shopping and spending while using an ICICI Debit Card. No matter what you use the card for, but for every card transaction of INR 200, you can earn and accrue points that can be used later.
The reward system is pretty straightforward as you can see from the table below.
|
Debit Card Type |
At Mercantile/ e-commerce portals |
Overseas |
|
Silver |
1 |
10 |
|
Gold |
2 |
10 |
|
Titanium |
4 |
10 |
|
Platinum |
6 |
10 |
|
World |
6 |
10 |
|
Infinite/Signature |
10 |
10 |
|
Coral |
6 |
10 |
|
Rubyx |
6 |
10 |
|
Sapphiro |
6 |
10 |
The reward influx doesn’t end there. Your ICICI Card fetches bonus points when you swipe at the below Point of Sales too.
|
Mercantile |
Points Accrued |
|
BigBazaar |
5 points for every INR 200 spent |
|
BookMyShow |
4 points for every INR 100 spent |
|
MakeMyTrip |
2 points for every INR 100 spent |
|
HPCL |
1 point for every INR 100 spent |
|
Central |
2 points for every INR 100 spent |
|
Carzonrent |
8 points for every INR 100 spent |
|
Ezone |
3 points for every INR 200 spent |
It goes without saying that these points cannot be exchanged against Mutual Fund, Telecom, Education, Utilities Bill, Insurance Premium and other Government-related payments. And the bank reserves full right to make any kind of modification to the current reward system.
Benefits of holding an ICICI Bank debit card
- The SMS alert system helps you keep track of your expenditures by regular updates about your transactions.
- The ICICI debit cards are protected by Verified by Visa / OTP which enhances the security of the card and in some cases, the chip provided on the card adds to the security and protects you from all fraudulent activities.
- You are entitled to life insurance worth upto Rs 20 lakh and purchase protection worth upto Rs 2.5 lakh.
- There are some great discounts which you can avail on ICICI Bank debit cards for travelling, shopping, dining, entertainment and many more and earn PAYBACK reward points too.
Quick tips for using ICICI Bank debit card
- You should sign on the reverse of your ICICI debit card immediately after you receive it
- In case of theft or loss of card, you must report the same to the ICICI Bank customer care
- Do not disclose your ATM PIN to anyone under any circumstances
- Some ATMs charge additional transaction fees. Customers are advised to check about the same before carrying out a transaction to avoid extra expenses.
- Do not refresh or close the window during an ongoing online transaction
ICICI Debit Cards Rewards Programme Rule the Roost
FAQs
What is OTP?
OTP stands for One Time Password. This password can be used only once for a single transaction using your ICICI Bank debit card.
How can I apply for an ICICI Bank debit card?
When you open a new account with ICICI Bank, an ICICI debit card is provided along with the welcome kit. You can contact the customer care department in case you do not receive a debit card.
What is the CVV number on my ICICI Bank debit card?
The last 3 digits of the 7 digits entered near the signature panel is your CVV number. It is of high importance as it is required during online purchase transactions.
Can I use my ICICI Bank debit card to pay online?
Yes. You can pay online and make purchases from merchants who are certified by Visa or MasterCard.
What should I do if I have lost my ICICI debit card?
In case you lose your ICICI debit card, you must inform the customer care immediately. You can also request them to issue a new debit card.
- Debit Cards Vs Credit Cards
- Debit Cards for Fuel
- Debit Cards for Online Shopping
- Prepaid Cards for International Travel
- Debit Cards for Movie Tickets
- Debit Cards for Students
- International Debit Cards
- Debit Cards for Shopping
- Debit Cards for Restaurants
- Debit Cards for EMI
- New ATM Transaction Charges
- ICICI Bank Savings Account
- ICICI Credit Card
- ICICI Bank Personal Loan
- ICICI Bank Car Loan
- ICICI Car Loan Interest Rates
- ICICI Car Loan Eligibility Calculator
- ICICI Bank Used Car Loan
- ICICI Bank RD Interest Rates
- ICICI Fixed Deposit Rates
- ICICI Home Loan
- ICICI Lombard Health Insurance
- ICICI IFSC Code
- ICICI Two Wheeler Loan
News About ICICI Bank Debit Cards
-
Loved Watching Baahubali? You Can customise Your ICICI Debit Card With BaahuBali Design
If you enjoyed watching the famous Baahubali movie, you will understand why people like it so much. This movie has taken millions of people's heart and is one of the biggest hit in the box office. To make Baahubali fans happy, ICICI Bank is now offering their customers an option to customise the look of their debit cards. Customers can now pick their favourite picture from the movie and put it on their expressions Debit Card ICICI Bank is known for their innovative products and probably that's why the bank has a standalone net profit of Rs.2,025 crores in its fourth quarter to the end of March, 2017.
9th May 2017
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ICICI Bank Reports Significant Hike in Debit and Credit Card Usage Post Demonetisation of Rs.500 and Rs.1,000 currency notes
After the Prime Minister of India, Narendra Modi cancelled Rs.500 and Rs.1,000 as legal tender and replaced it with new Rs.2,000 currency notes, common people started to use debit or credit card for most of their transactions. As the new notes were not easily available in ATMs and a long queue lined up in front of banks, many prefered to use their cards for their daily expense. In the last week, ICICI Bank witnessed 100% jump in their debit card usage and 40% jump in their credit card usage. Cardholders are mostly using their cards for restaurants, hospital and departmental bills. The bank stated that people are also using their cards to buy automobile and other accessories. On November 12th, ICICI Bank witnessed over 1 million point-of-sale and e-commerce transactions.
18th November 2016
-
ICICI Bank to vend rail tickets on their site
ICICI Bank has partnered with the Indian Railway’s e-ticketing portal, IRCTC, to vend rail tickets via its official website. As the biggest private sector bank in country, this move is expected of them. And according to the press release, they will soon launch the feature to reserve train tickets on its mobile banking app and prepaid digital wallet. The account holders will have to register themselves on the website of the IRCTC first, which is where Railways predominantly sells train tickets. Once that is done, perform a one-time registering on ICICI bank’s website to make use of this feature. The press release mentioned that the feature is not restricted to ICICI clients alone. Even if you are not an ICICI bank customer, you can avail this. The disbursements for the ticket purchases can be done using internet banking, or credit/ debit card of any bank. People can look for trains, reserve/ cancel e-tickets or check PNR status from this platform.
3rd January 2016
-
TigerAir ties with ICICI Bank
And starts off with a bang with exclusive holiday offer!
TigerAir, one of the premier airline carrier based in Singapore, has entered partnership with ICICI Bank to provide their sizable clientele a free one way ticket to Singapore on acquisition of round trips. Every prepaid, credit and debit card user of the bank can avail this exemplary offer, which will be available from 21st December 2015 until 3rd January 2016 for travelling from 17th January 2016 to 15th April 2006. The complimentary trip does not include airport taxes and other fees and is suitable for flights taking off from cities like Bangalore, Chennai, Hyderabad, Cochin, Trichy and Lucknow. Mr. Teh Yik Chuan, Director of Sales and Marketing of TigerAir in Singapore, is positive about this development. Since the beginning of TigerAir’s business in India, it has always strived to offer the best and reasonable fares to their Indian customers. As a popular vacation spot for Indians, this offer is sure to meet with success.
20th December 2015
-
Paytm associates with ICICI Bank to introduce virtual prepaid debit cards
Mobile payments and commerce marketplace Paytm is joining hands with ICICI Bank, to provide virtual prepaid cards to those who use the wallet. It can be utilized for online and offline shopping and payments. This is truly a huge deal as it is the first partnership in India between a bank and an online retailer. This will facilitate the Paytm users to recharge their digital wallets at any ICICI Bank branch via cash or cheque. It accepts MasterCard, RuPay & Visa and is a 16-digit, Paytm-ICICI Bank co-branded cybernetic prepaid card that can be used at any mercantile. Indian banks have comprehended that they cannot ignore the growing popularity and expediency of mobile payment platform. Equipped with the virtual card Paytm people can also shop on competing e-commerce portals like Amazon and use the same card. The added service of stocking money into Paytm Wallets at more than 4000 ICICI Bank branches is yet another step to promote the trend of electronic disbursements in India.
3rd December 2015
-
ICICI Bank vends in fine fettle on BSE
ICICI Bank is presently transacting at INR 269.50, up by 5.10 points or 1.93 percent from its preceding closing of INR 264.40 on the BSE. The scrip started at INR 265.15 and has touched a high and low of INR 270.15 and INR 264.55 in that order. Until now, 463472 stocks were merchandized on the counter. The BSE group 'A' stock of face worth INR Two has crossed a 52 week high of INR 393.30 on 28th January 2015 and a 52 week low of INR 248 on 7th September 2015.
In the previous week alone, the low and high of the scrip were at INR 260 and INR 270 correspondingly. The prevalent market cap of the organization is INR 156244.54 crore. The Institutions and Non-Institutions possessed 61.97 percent and 8.99 percent respectively. ICICI Bank has recently entered a Memorandum of Understanding (MoU) with Andhra Pradesh Eastern Power Distribution Company (APEPDCL) to enable a quick and easy payment of utility (electricity) bills online. The bank has introduced the feature under the name ‘ICICI Bank- Eazy Pay’ on its official website and it can also be hyperlinked to that of APEPDCL. All you need to do is get registered and pay using any of the payment mode options given there such as credit card, internet banking, debit card or NEFT/ RTGS transaction.
28th November 2015
-
An MoU between ICICI Bank and APEPDCL to kick start online bill payment service
Pay in one click!
ICICI Bank has entered a Memorandum of Understanding (MoU) with Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) to inaugurate online utility bill collection for the clients of APEPDCL. This facility, called as ICICI Bank-Eazy Pay, will empower everyone comprising those who do not have accounts with ICICI Bank to pay their electricity bills online on the website of APEPDCL. The consumers can do this by utilizing any of the payment channel listed on the page such as credit card, ICICI Bank debit card, internet banking or NEFT/ RTGS transaction. As the first Indian bank to sign such an agreement, ICICI hopes to reach 5.2 million people, extended to at least five districts in Andhra Pradesh. This is along the lines of ICICI Bank's idea of 'khayaal aapka' wherein they put the convenience of customers before anything.
27th November 2015
-
ICICI Bank signs MoU with Andhra Pradesh’ DisCom
ICICI Bank, India’s top private sector bank, has contracted a Memorandum of Understanding (MoU) with Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL), also called as DisCom, to enable the online payment of utility bills such as gas bill, electricity bill, water bill etc. The bank has introduced this feature recently and has christened it ICICI Bank-Eazy Pay as endorsed on their official website. It could be hyperlinked to the APEPDCL website as well. You can easily settle your bills online by logging into it. You can opt to pay by your credit card, debit card, internet banking or NEFT transaction. As the MD and Chairman of APEPDCL, Mr. R. Mutiyala Raju, this feature can be used by every one of the 5.2 million customers of Discom.
26th November 2015
-
How ICICI emerged as the champion of mobile banking
Mobile has never been a preferred medium of banking in our country as it is now. And ICICI, India’s top private bank, has rightfully arose as the undeniable groundbreaker as per the records of the previous quarter. With the maximum number of fund transfers worth more than INR 6800 crores and a whopping 53.2 lacs transactions, it not only tops among private sector banks, but has achieved twice what has been achieved by the next listed bank. RBI has reported an INR 16,000 crore worth of transactions by the bank in the current financial year alone.
So what are the causes that led to this achievement for the two decade old bank? Firstly it launched iMobile, a customizable app, which was an immediate success. As of now ICICI boasts of around 125 services on the mobile banking app. After that they also introduced Pockets, a digital banking app. You can use your debit card to handle any kind of transactions using these apps.
4th November 2015
-
ICICI Bank introduces mobile payment service via mVisa
ICICI Bank, country’s top private sector bank, has declared the introduction of a unique service that facilitates users to disburse bills and other payments electronically using their smartphones at regular stores, e-commerce portals, home deliveries, cab fares, utility bills and more. To begin with, this feature, based on ‘mVisa’, has been initiated in Bangalore with over 1500 traders and dealers. The bank informed that it will soon extend it to more regions. And as ICICI Bank reiterated it is the first bank internationally to inaugurate a mobile app based 'mVisa' solution for customers and traders alike. Through this, the consumers can make cashless disbursements with their debit cards with the convenience of speed to perform a transaction along with enhanced security as the card remains in possession of the customer. This solution is expected to set off a revolution in the implementation of electronic payments in India.
8th October 2015
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
