To supply RCB’s customers with a digital wallet for secure contactless payments.

Through this implementation, Rbc online banking will enjoy improved customer loyalty, engagement and transaction volumes through their own digital wallet. additionally , it’ll be ready to improve its understanding of customer behavior and customise offerings and services accordingly

The platform/solution (please confirm), was chosen thanks to its ease and adaptability of deployment, and its end-to-end security measures .

Benefits enabled for customers:
Payments through the contactless wallet are safer than plastic card transactions, because the card details aren’t stored on the mobile and aren’t transmitted during the payment process.
Customers can add existing Visa cards, without the necessity for the bank to issue new contactless cards.
Quotes:
ProximityPayEdge will help to supply improved customer insight also as boost engagement and loyalty, and customers can enjoy safer, simpler transactions. With ProximityPayEdge and Infosys’ Digital Payments expertise, we’ve now seamlessly integrated multiple tokenization solutions to assist banks improve customer experience securely.”

About RCB Bank
RCB Bank Ltd was established on August 1st 1995, is one among the most important banks in Cyprus and among the ecu significant Banks, which are under the direct supervision of the ecu financial institution through the SSM mechanism. The issuer branded, NFC enabled, contactless mobile payment application that comes pre-integrated with Visa Token Service and Mastercard Digital Enablement Solution. ProximityPayEdge supports any sort of card like a credit, debit or a prepaid card as long because the issuer banking systems support these card types. the merchandise is certified by Visa. ProximityPayEdge are often leveraged for any channel that accepts NFC based payments. An extension of the answer also can be used for other industry segments like travel based solutions and parking fee or toll payments.

Safe Harbor
Such forward-looking statements involve variety of risks and uncertainties that would cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties concerning these statements include, but aren’t limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in exchange rates, our ability to manage growth, intense competition in IT services including those factors which can affect our cost advantage, wage increases in India, our ability to draw in and retain highly skilled professionals, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the businesses during which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our property and general economic conditions affecting our industry. Additional risks that would affect our future operating results are more fully described in our us Securities and Exchange Commission filings including our Annual Report on Form 20-F for the financial year ended March 31, 2018. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained within the company’s filings with the Securities and Exchange Commission and our reports to shareholders. additionally , please note that any forward-looking statements contained herein are supported assumptions that we believe to be reasonable as of the date of this handout . the corporate doesn’t undertake to update any forward-looking statements which will be made up of time to time by or on behalf of the corporate unless it’s required by law.