Axis Bank introduced e-Wallet card

By log on to Axis Bank’s Net Banking portal, an e-Wallet Card can be generated instantly and can be possible to make payment on all those websites which accept Visa cards. e-Wallet cards cab be shared with close people in case of any emergency. Due to safety of user’s account each e-wallet card will be expired using once. Also an additional layer of security in terms of Verified-by-Visa (VBV) is added to further safeguard the account.

The minimum limit for the card is Rs 10 and maximum is Rs. 50,000. The validity period of the card is 48 hours. In case of any partial usage or zero usage, the remaining amount will be credited back to the user’s bank account within 4 working days.

Speaking on the occasion Mr. R. K. Bammi, Executive Director, Retail Banking said “The e-Wallet Card is another instance of the Bank using its technological know-how to design a product that is secure and customized for consumer’s online payment needs. We hope that the e-Wallet Card will encourage consumers to embrace the e-payment platform.”

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