In a bid to promote digital India initiative of the central Government, Karur Vysya Bank (KVB), a Scheduled Commercial Bank in India, has launched India’s 1st prepaid wallet card ‘Enkasu’(My cash in Tamil) in Karur, Tamil Nadu (TN) under its Quit cash movement. Key Points: The card functions based on Near Field Communication Technology (NFC) in a semi closed loop & the customers buying this card can make ‘tap & go’ payments for even small purchases to merchants from an amount of Rs. 1 to doing away with the need for cash & small change.
Current Affairs Calender
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | |