Categories: Agreements

RBL Bank Mastercard partner to offer first-of its-kind payment functionality

RBL Bank and Mastercard have announced their partnership to launch a mobile-based consumer-friendly payment solution ‘Pay by Bank App’, a first-of-its-kind payment functionality in India. RBL Bank account holders can now enjoy contactless transactions across the world through their mobile banking application both in-store and online. This functionality will be available at all Mastercard accepting merchants, worldwide that accept contactless and online payments.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the App:

  • To provide enhanced security, ‘Pay by Bank App’ ensures that Bank customer’s payment credentials are never exposed to the merchant, making the transaction completely secure.
  • Customers will continue to receive the Mastercard consumer protection benefits that they currently enjoy on their debit cards.

Important takeaways for all competitive exams:

  • RBL Bank Founded: August 1943;
  • RBL Bank Headquarters: Mumbai;
  • RBL Bank MD & CEO: Vishwavir Ahuja.
  • Mastercard Headquarters: New York, United States.
  • Mastercard President: Michael Miebach.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What Changes from April 1 Under India’s Solid Waste Management Rules 2026?

India has taken an important step towards sustainable urban living by updating its solid waste…

14 mins ago

What is the Full Form of UGC? Know About Its Overview and Historical Background

The University Grants Commission, commonly known as UGC, is an important organization in India’s higher…

26 mins ago

What Is India’s New Aadhaar App and How Will It Enable Frictionless Governance?

India has taken another step towards frictionless digital governance with the launch of a new…

41 mins ago

Economic Survey 2025–26: Major Highlights, Growth Outlook and Key Findings

The Economic Survey 2025–26 is an important annual document that shows the real picture of…

44 mins ago

What Does Aadhaar Integration with PATHIK Mean for Law Enforcement?

India’s journey towards smart policing has achieved a major milestone with a pioneering digital initiative…

1 hour ago

Who is the Richest Man in India in 2026? Check the List of Top-10 Wealthiest People of India

India has produced many successful business leaders, but one name stands above all in terms…

2 hours ago