NeoZAP goals to boost the cost expertise with tap-and-pay comfort.
The product is appropriate with over 40 million card machines and integrates with nationwide public transport methods.
Key Options of NeoZAP:
Contactless Faucet-and-Pay: Enabled by RuPay, NeoZAP permits safe, contactless transactions as much as ₹1 lakh at quite a few areas throughout India.
NCMC Compatibility: NeoZAP features as a metro and bus ticket, simplifying journey by eliminating the necessity for a number of tokens and tickets.
Digital Card: A digital card for on-line transactions, accessible by the NeoZAP app, supplies added safety by not exposing checking account particulars.
Rewards Program: Customers can get perks like film tickets from PVR Inox and Instances Prime Lite subscriptions, with rewards valued as much as ₹60,000.
Safety Options: NeoZAP incorporates an 8-point safety system, together with a numberless design, secured NFC transactions, and on the spot card blocking.
It’s the first pay as you go card in India to supply transaction insurance coverage by HDFC Ergo.
Rayan Malhotra, CEO of NeoFinity, said, “NeoZAP marks a brand new period in how we method funds in India. We imagine NeoZAP will make day-to-day transactions safer and extra pleasurable.”
Malhotra added, “NeoZAP supplies a seamless cost answer that addresses the wants of right this moment’s tech-savvy, mobile-first customers.”
