SBI Card, India’s largest pure-play credit card issuer, announced its collaboration with Google to enable cardholders to use their SBI Credit Cards on the Google Pay platform. SBI Credit Card users will now be able to make card payments using Google Pay app on their Android smartphones.
According to the press release, cardholders can make safe and secure payments using Google Pay in three modes- via Tap and Pay at NFC enabled PoS terminals, by scanning Bharat QR code at the merchant as well as online payments, without using the physical credit card. This launch is in line with SBI Card’s endeavour to promote zero contact, digital forms of payments for a safe and enhanced customer experience.
A highly secure payment experience is enabled through tokenisation, whereby cardholders use Google Pay to pay through a digital token attached to their phone, without having to share physical card information with the merchant. Google Pay is a widely accepted payment app accepted at multitude of merchants in India with deep penetration in metros as well as non metros.
Through this association, SBI Card aims to provide cardholders the option to pay via Google Pay and offer them a safe payment experience on their mobile phones. Currently the feature is available for SBI Credit Cardholders on Visa Platform.
Commenting on the partnership, Ashwini Kumar Tewari, MD & CEO, SBI Card said, “At SBI Card, we continuously endeavor to push the boundaries of innovation to make life simpler and better for our consumers. The collaboration with Google Pay is another positive step in this direction. Our association with Google Pay, one of the leading providers in payments space, will enable us to offer safe, convenient digital payment solutions to a vast user base. As smartphone penetration in India soars, credit cards have also changed form to reside securely on the mobile phone and our partnership with Google opens up a new, secure and seamless payment route for our customers using smartphones.”
Sajith Sivanandan, Business Head: Google Pay and Next Billion Users – India said, “We’re delighted to be collaborating with SBI Card in bringing Indian users the highest standards of security with global standards like tokenisation and remain committed to furthering the cause of making payments more secure, convenient and effortless in the years ahead.”
–AN
