Saraswat Bank KeyPayy

Payments through KeyPayy frees up the minds of customers by giving them more ways to pay with objects they already carry with them in their everyday life. KeyPayy shores up customer loyalty by providing fashionable, fast, and convenient
payment methods.

1) Payments on the go - Convenience of payments with no additional instrument to make payments.
2) Digitization of small value payments - With the ease that comes with ON-THE-GO payments, comes the opportunity to increase small value digital payments.
3) Increased Customer Convenience - By not just providing an accessory, but additionally making it On-the-Go payment instrument, increases customer stickiness.

Features:

Leveraging NFC technology for faster payments
Shorter transaction processing
Open loop solution
Supports payments on different form factors
High security
Interoperable

Benefits to Customers:

Quick transaction with contactless mode.
Reduced cash holding.
Digital Trail for all transactions.
Personal Accident Insurance cover - Sum insured of ₹ 2 lakh.

Validity:

For 5 years

Payment Options:

Start Tapping All Your Payments -

Cardless and Mobileless Shopping upto ₹5,000.
Tap+Pin for transaction above ₹5,000 upto ₹1 lakh.
For transaction above ₹5,000, generate PIN through Mobile Banking App.

Steps:
1) Login to Mobile Banking App
2) Select Card Services
3) Select Generate Debit Card PIN
4) Select Account number
5) Select Card number allotted for KeyPayy
6) Enter Expiry details and CVV
7) Enter PIN
8) Confirm PIN
9) Submit

Fees & Charges:

Issuance fees: ₹500+ GST
Annual Maintenance Charges: ₹200+ GST
Replacement Charges: ₹500+ GST

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