DCB launches ‘mVisa’, a mobile-based payment solution for retail outlets

Posted on:03 Sep 2016 09:36:50

DCB launches ‘mVisa’, a mobile-based payment solution for retail outlets
03 September 2016 Current Affairs GK: Private sector DCB Bank has announced the launch of a mobile based payment solution, mVisa, for easier retail payment.The private sector bank said customers can now pay through their smartphones by scanning the unique Quick Response (QR) code at the retail outlet.

mVisa, a mobile-based payment solution will make payments at retail outlets much easier. Customers can pay now through their smart phones by scanning the unique Quick Response (QR) code at the retail outlet.

DCB Bank Ltd : DCB Bank Ltd. is a private sector scheduled commercial bank in India. It has a network of 205 branches[5] and 442 ATMs in the country. It offers products to individuals, small and medium businesses, rural banking and mid corporates across its branch network.

The Bank is present in 18 states and 2 Union Territories. 

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