Siddhartha Bank launches EMV Chip Card
February 08, 2017
Siddhartha Bank has successfully upgraded its Debit, Credit and Prepaid Cards to EMV Chip Card. Now onwards the Bank shall be issuing EMV Chip Card on request of the new cards from the customers. The Bank will gradually replace all its existing magnetic stripe Debit, Credit and Prepaid Cards with this EMV Chip Card in the near future.
The Bank has always been extremely cautious on the security aspects during the electronic transactions from the Cards, and to further bring awareness among the customers, the Bank has been regularly promoting precautions and safety measures to be followed while using the cards through different mediums. The introduction of EMV Chip Card is expected to make card transactions safer and secured and also promote cashless transactions.
Currently, the Bank has been serving its customers with 83 ATMs, 1 mobile ATM and more than 150 POS machines.