City Union Bank Launches Eight Innovative Payment Products at Global Fintech Fest 2024.

Banking & Finance

At the Global Fintech Fest 2024, City Union Bank unveiled eight innovative digital payment products aimed at enhancing financial operations for Micro, Small, and Medium Enterprises (MSMEs) and retail customers. The offerings include Delegate payments, UPI Lite auto top-up, National Common Mobility Card, Credit line on UPI, Rupay credit card on UPI, Loan against securities (Mutual Fund), and Open Network Digital Commerce (ONDC) solutions for MSMEs and retail. These products streamline payment processes, improve transaction security, and facilitate better management of financial operations, showcasing the bank's commitment to advancing India’s fintech landscape in collaboration with fintech partners.


      The new offerings will seamlessly integrate with existing banking infrastructure, minimizing disruption for customers.

      Special attention has been given to ensure that these digital solutions are accessible to all customers, including those in rural areas.

     

 

     


About City Union Bank,

CEO: Dr. N. Kamakodi
Headquarters: Kumbakonam
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