Tag: SBI Card

SBI Card Inks Partnership with American Express
Banking, Finance, Insurance, News

SBI Card Inks Partnership with American Express

Mumbai, Sept. 29, 2020: SBI Card and American Express have entered a strategic partnership to offer a powerful mix of global benefits and exclusive privileges for discerning consumers in India. With this partnership, SBI Card`s top end premium products – SBI Card ELITE and SBI Card PRIME will be available on American Express’ global network. Designed for the premium segment of credit card users in India, SBI Card ELITE and SBI Card PRIME on the American Express platform combine unmatched benefits from both partners to offer consumers an enhanced premium experience. In addition to the exclusive value proposition of  SBI Card ELITE and SBI Card PRIME, cardholders can enjoy American Express’ valuable network benefits through local and global network offers, access to Elite tier membe...
SBI Card Partners with Google to Enable Payments through Google Pay
Banking, Finance, Insurance, News

SBI Card Partners with Google to Enable Payments through Google Pay

Mumbai, Sept. 21 2020: SBI Card today 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. 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 attache...
SBI Card Appoints Ashwini Kumar Tewari as Managing Director and CEO
Banking, Finance, Insurance, Joining Announcement

SBI Card Appoints Ashwini Kumar Tewari as Managing Director and CEO

Kolkata: SBI Card, the country`s second largest credit card issuer, today announced that Mr. Ashwini Kumar Tewari has taken over as the company`s new Managing Director and Chief Executive Officer, effective August 1, 2020. The baton passes from Mr. Hardayal Prasad who retired on July 31, 2020, following a successful tenure during which the company achieved many significant accolades.   Ashwini Kumar Tewari, MD & CEO, SBI Card Mr. Ashwini Kumar Tewari is a career banker with over 29 years’ experience with State Bank of India, including domestic and foreign postings. Prior to taking charge at SBI Card, since April 2017 Mr. Tewari held the position of Country Head of US Operations at SBI, based in New York. He also served as Vice Chairman of the State Bank of India (California) Boa...
SBI Card Launches Video Based Customer Identification Process
Banking, Finance, Insurance, News

SBI Card Launches Video Based Customer Identification Process

Kolkata: SBI Card, India’s largest pure-play credit card issuer, today announced the launch of Video Know Your Customer (VKYC) feature to ensure zero contact, hassle free customer on-boarding process. This launch is in line with SBI Card’s endeavour to establish an end to end paperless, digital sourcing and onboarding process.  VKYC launch will not only have a substantial impact on fraud reduction, but it will also reduce cost of the KYC process by nearly half. SBI Card has launched VKYC following recent Reserve Bank of India (RBI) guidelines permitting VCIP as a method of establishing customer identity together with E-Sign process. VKYC offers a simple, presence-less journey where a customer does not have to physically interact with anyone.  In the digital customer onboarding jou...