TNPSC Thervupettagam

First Sticker-based Debit Card

December 3 , 2022 713 days 575 0
  • IDFC First Bank along with NPCL recently launched FIRSTAP – India’s first sticker-based debit card.
  • It allows the user to make transactions by simply tapping the sticker on near-field communication (NFC)-enabled point-of sale terminal.
  • It can be used to tap and pay in stores, restaurants and other places without the need to carry a debit card.
  • It enables transactions up to Rs.5,000 without a PIN and those beyond that requires the entry of PIN.

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