Federal Bank

• 27 Mar 2024

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.