ICICI Bank has launched a new instant credit card that allows customers to make purchases without the use of a physical card.
The new facility from the Indian private sector bank allows customers to choose from a suite of credit cards and instantly receive a credit card number and other important details online.
Credit cards available include the bank's gemstone collection of Coral, Rubyx & Sapphiro; Ferrari Signature & Platinum cards and Unifare cards for metro transit services.
The facility is currently available through the bank's internet banking platform, but will also be available on its mobile banking application iMobile.
Customers can also make in-store payments using Samsung Pay.
Anup Bagchi, executive director at ICICI Bank, said: “At ICICI Bank, our philosophy is 'Ready for you. Ready for tomorrow', herein we are committed to offer innovative products and services to our customers at the fastest possible speed and with the highest level of convenience.
“The introduction of instant credit cards is an outcome of this vision.
“With the festive season just around the corner, there will be many interesting offers with online partners in various categories like shopping, travel and entertainment among others.
“We believe that this unique proposition, which is [the] first of its kind in the industry, will empower our customers to instantly get the credit card online in a few steps and immediately start transacting on e-commerce sites to take advantage of the offers.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Metro Bank to open first store in Liverpool
Metro Bank is set to open a new store in Liverpool on Paradise Street...
Investec removes SVR from all new fixed rate mortgages
Investec Private Bank has removed the standard variable rate (SVR) on its two-, three-, four-, five- and 10-year fixed rate product range for all new clients...
Mid-size automotive manufacturers miss out on £25bn in revenues
UK mid-sized automotive manufacturers could be missing out on £25bn in revenues as a result of insufficient access to funding, according to research from Wyelands Bank...
Leek United hires new finance director
Leek United Building Society has named Rob Broadbent (pictured above) as its new finance director...
Handelsbanken posts 7% lending surge
Handelsbanken has revealed in its latest quarterly results that its UK lending increased by 7% to £21.1bn in Q1 2019 compared with the same period last year...
Al Rayan Bank expands Birmingham headquarters
Al Rayan Bank has expanded its operational headquarters in Edgbaston, Birmingham...
Cynergy Bank bolsters senior leadership team
Cynergy Bank has strengthened its senior leadership team with two new appointments...
Dispelling overseas property investment myths
When people talk about overseas buyers ‘snapping up’ UK property, assumptions about their supposed negative impact on the housing market abound...
Arbuthnot Latham appoints private banker to Manchester office
Arbuthnot Latham has announced the appointment of Barry Grieve as senior private banker to its Manchester office...
United Trust Bank launches exclusive broker promotion
United Trust Bank (UTB) has launched its 2019 ‘Live and Learn’ broker promotion...
Triodos supports extension of Bristol music venue
Triodos Bank has part-funded the £6.3m extension at the music venue St George’s Bristol...