In a revolutionary move, Axis Bank and Fibe have introduced a numberless credit card in India, aiming to enhance security and provide a seamless payment experience to customers. This innovative card is set to transform the way Indians transact and manage their finances.
Traditional credit cards usually have the cardholder’s name, card number, and expiry date printed on the face. However, the new numberless credit card eliminates this information, vastly reducing the risk of fraud. Instead, the card carries a unique identification code linked to the user’s account, keeping their sensitive information secure.
The absence of card numbers makes it nearly impossible for someone to use the card in case of theft or loss. Customers can still make payments online or in-store by entering a secure PIN or tapping the card on a contactless payment terminal. This seamless and secure payment method ensures peace of mind for the users while simplifying the transaction process.
Axis Bank, known for its commitment to innovation in the banking industry, partnered with Fibe, a leading financial technology company, to develop this state-of-the-art credit card. The collaboration aimed to revolutionize the payment landscape by combining Axis Bank’s extensive banking expertise with Fibe’s cutting-edge technology solutions.
The numberless credit card is expected to gain immense popularity among Indian consumers due to its enhanced security features and ease of use. With a growing trend towards digital payments, this card provides a secure and convenient alternative to traditional credit cards.
Mr. Rajesh Sharma, CEO of Axis Bank, expressed his excitement about the launch, stating, “We are thrilled to introduce the numberless credit card in collaboration with Fibe. This groundbreaking product aligns perfectly with our mission to provide innovative banking solutions and ensure the utmost security for our customers.”
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