IDFC First Bank launches sticker-based debit card, FIRSTAP

IDFC First Bank launches sticker-based debit card, FIRSTAP

Daily Current Affairs   /   IDFC First Bank launches sticker-based debit card, FIRSTAP

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Category : Business and economics Published on: November 26 2022

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  • IDFC First Bank has rolled out a sticker-based debit card, called FIRSTAP. 
  • The launch is in association with National Payments Corporation of India (NPCI), to facilitate transactions by simply tapping the sticker on a Near Field Communication (NFC) enabled point-of-sale terminal.
  • The sticker-based debit card is one third the size of a regular debit card, thus, making the sticker applicable on a wide range of devices and objects, and significantly enhancing customer convenience.
  • The IDFC First bank sticker debit card comes with a complimentary personal accidental cover and 24/7 concierge services with a host of RuPay offers.
  • The touch-free way to pay enables payments in seconds for transactions up to Rs 5,000 without a pin, and those beyond that, with a tap and PIN.
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