ICICI Bank launches EMV Standard Cards

India’s largest private sector bank, ICICI Bank today announced its foray into EMV (Europay, MasterCard, Visa) Standard cards with the launch of the ICICI Bank Coral Credit Card. The chip-based card provides security against misuse in the form of counterfeiting and skimming.

Rajiv Sabharwal, executive director at ICICI Bank said, “The Coral Credit Card offers our customers the best of both worlds— a compelling value proposition coupled with the assurance of enhanced security while transacting on account of the smart chip feature.”

 

The shares of ICICI Bank were trading at Rs 883.70, down 0.39% on Bombay Stock Exchange at 13:57 hrs today.