| SBI
Card innovates offerings with easy payment options
24 October 2007
 Mumbai:
SBI Card, the SBI-GE joint venture card issuer, has announced a credit card
'Paycash' payment option for its customers through Easy Bill payment outlets in
India.The facility
will allow SBI Card customers to make direct cash payments against their card
outstandings at 3500 available Easy Bill merchant outlets throughout India. Customers
can now use any of the following easy payment options at SBI Card:
"
Paycash: - Payments in cash through Easy Bill outlets
" Pay Net: SBI
Card holders can make payments online with no extra charges, via the SBI card
website.
" SBI ATM: Payment can be made at SBI ATM's by using State Bank
ATM cum debit card
" Online SBI: Pay online, directly from SBI bank account
"
Electronic Clearing System: SBI card holders can make payment directly by authorising
SBI Card to debit an account of any bank
" Visa Money Transfer: VISA Money
Transfer to transfer funds to pay monthly outstanding bill Roopam
Asthana, CEO, SBI Cards and Payment Services, called the initiative "yet
another step in enhancing customer satisfaction, which is the top priority at
SBI Card."  SBI
Card is the second largest credit card issuer in the country, with 3.5 million
cardholders. It has displayed a CAGR (Compounded Annual Growth Rate) of 45 per
cent on spends & assets since the start of the decade, and is currently present
in over 113 sourcing locations, with a sales force of over 6,000.
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