Visa group country manager, India and South Asia Uttam Nayak said Indian consumers give value and have come to expect a versatile and universal method for making and receiving payments through their cards.
"Visa has constantly demonstrated leadership in responding to the consumer needs and our recent tie-up with Reliance Securities and atom technologies is another testimony of that. From today millions of investors can pay for their stock and commodity investments with the same convenience, security and reliability that they experience when they use Visa anywhere else. And that is the advantage Visa brings in," Nayak said.
Reliance Securities executive director Vikrant Gugnani said the tie-up will enable customers to directly transfer money to their brokers for facilitating securities trades through Debit Cards over atom’s platforms.
"The money can be transferred from the registered Visa Debit cards of the customers by using the payment facility provided by atom, Gugnani said.
The new service will give benefit nearly 1 million customers of Reliance Securities and to avail this facility, users will have to sign in on the website of Reliance Securities and click on the ‘pay through Visa Debit card option’ to make online payments to their broking account, said the firm.
The traders should register their Visa Debit card on the Reliance Securities website, which will facilitate secure payments using his Visa Debit card in real time.
