TheNFAPost Podcast
6

Chennai, NFAPost: SBI Card, the largest pure-play credit card issuer, has 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. 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.

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.

Cardholders have to do a one-time registration of their SBI Card on Google Pay platform by following these steps:

  • Download latest version of Google Pay app on Android mobile phone
  • In settings under payment methods, press ‘Add Card’
  • Enter Cardholder Name, Card Number, Expiry, CVV and Confirm OTP
  • Post OTP authentication the card is registered for payments and can be used at NFC- enabled terminals, Bharat QR enabled merchants and for select online merchants

“At SBI Card, we continuously endeavour to push the boundaries of innovation to make life simpler and better for our consumer. The collaboration with Google Pay is another positive step in this direction. Our association with Google Pay will enable us to offer safe, convenient digital payment solutions to a vast user base,” SBI Card MD and CEO Ashwini Kumar Tewari.

“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,” he added.

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