SafePay embeds NFC technology in the IDFC First Mobile App to enable secure payments by using a debit card issued by the bank, according to a LiveMint report
To activate, consumers link their IDFC debit card to the integrated mobile banking app. The app has already been tested successfully and has been certified by
Once activated, users can make payments at merchant locations by unlocking the phone and waving it against an NFC-enabled POS terminal. There is no need to login to the mobile app for every transaction or bring out the debit card.
"SafePay makes the payment experience fast and frictionless. For a cardholder, it does away with the need for a physical debit card, and thereby, eliminates concerns about loss of cards. It is the easiest way to check-out of a store in seconds,"
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