Federal Bank

On 22^nd March, Federal Bank introduced Flash Pay, a NCMC-enabled RuPay Smart Keychain for contactless payments.

Users can make transactions up to Rs 5000 without PIN authentication and up to Rs 1,00,000 per day with PIN authentication.
Flash Pay offers a compact design for easy carrying and seamless integration into daily life.
It enables secure and contactless payments at millions of merchants across India.
Built-in security features like tokenization and encryption ensure transaction safety.
Flash Pay is compatible with various devices and payment terminals.
It is NCMC-enabled, allowing users to utilize it at metro stations and NCMC-enabled POS terminals.