According to a recent announcement by The Times of India, debit cards of 20 Indian banks are now compatible with payment methods for metro and bus fares across the country. This move aims to enhance the convenience of digital transactions for public transportation commuters. With this development, users of these participating banks can use their debit cards to pay for their fares in various cities, eliminating the need for cash or other payment methods. This initiative is expected to increase the adoption of digital payments in public transportation systems, making it more convenient and efficient. The participating banks include prominent institutions such as State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, and more. This partnership will allow cardholders to pay their fares using their debit cards, promoting a cashless society and reducing the need for carrying cash.
Here’s a rewritten version of the original line:The Times of India reports that debit cards from 20+ banks are now accepted for seamless payments in Indian metro and bus services nationwide.
by newsworm | Dec 9, 2024 | Axis bank, Banking, HDFC Bank, ICICI Bank, State Bank of India