Wibmo Accelerates Federal Bank’s Launch of Visa and RuPay Credit Cards

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Wibmo Accelerates Federal Bank’s Launch of Visa and RuPay Credit Cards

By Léandra Monteiro

Today

  • Credit card
  • Federal Bank
  • Instant payments

Wibmo, a PayU payment business, a player in digital payments and payment security, has partnered with Federal Bank to facilitate the authentication of payments on Federal Visa and RuPay credit cards.

A few months ago, Federal Bank started working to improve its credit card offerings for customers by working with Visa and Rupay. This, among other things, required a robust payment authentication system and the bank reached out to Wibmo for the same. Wibmo initiated and executed several activities in parallel to speed up the process and supported the Bank with a smooth implementation.

“We are delighted to be a long term partner with Federal Bank in India. Wibmo’s robust authentication platform guarantees its customers a secure and transparent payment experience. This engagement with Federal Bank was another opportunity for us to strengthen our alliance, and I am happy that we were able to keep our promises. This achievement goes a long way in strengthening the partnership we already have with this customer-centric bank which has adopted cutting-edge technology to improve its banking system, ”said Suresh Rajagopalan, CEO of Wibmo Inc.

“The Federal Bank has a long-standing relationship with Wibmo and, as an extension of this partnership, the two organizations have come together to deliver the technology required for Visa and Rupay credit cards in record time. Our customers will now have more options to choose from when choosing their cards, and Wibmo’s authentication platform will give them a flawless payment journey without compromising on security, ”said Shalini Warier, Executive Director and entrepreneur – Retail, Federal Bank.

This implementation opens up opportunities for Federal Bank to attract additional customers and increase their revenue stream. Customers, on the other hand, have a choice of another credit option.


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