SBI Card collaborates with Paytm to tokenize their cards

SBI Card has collaborated with Paytm to enable cardholders to tokenize their cards on devices and make payments through Paytm (available only on Android NFC devices).

Currently only Cards issued in Indian territory are enabled on Paytm Network. However, customers may transact using his / her SBI Card through Paytm Network in international locations.

Shares of SBI Cards and Payment Services Limited was last trading in BSE at Rs. 920.85 as compared to the previous close of Rs. 913.00. The total number of shares traded during the day was 130114 in over 7876 trades.

The stock hit an intraday high of Rs. 927.50 and intraday low of 914.90. The net turnover during the day was Rs. 119978378.00.

Source : Equity Bulls

Keywords

SBICardsandPaymentServices INE018E01016 Paytm Collaboration Tokenization