Business Daily from THE HINDU group of publications
Saturday, Sep 06, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, Sep 06, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Credit Cards & Debit Cards Union Bank pre-paid cards Mumbai, Sept. 5 Union Bank of India launched two prepaid cards- Gift Card and Payroll Card, on Friday. Both the cards are issued in denomination of Rs 500 to Rs 50,000 and are Visa-enabled, said a press release from the bank. Gift Cards are issued in convenient denomination of Rs 500 to Rs 50,000. These cards can be used for purchases at any shops and establishments that accept Visa cards. Payroll cards are also issued in similar denomination. They can also be used for drawing cash from ATMs, which are enabled by Union Bank. They can also be replenished for value use. For this, the cardholder need not come to the bank, but can do it by making online requests. Payroll cards are ideal for employers for payment of incentives, travel allowances, reward bonuses or any other periodic payment, said the release. Our Bureau More Stories on : Credit Cards & Debit Cards | Public Sector Banks
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