UCO Bank launched a Keychain that can be used for payment also, Read About UCO On-the-Go Key Fob
UCO On-the-Go Key Fob: On the occasion of Foundation Day 2023, UCO Bank in collaboration with NPCI, has launched the UCO RuPay On-the-Go Smart Payment Key Fob, for Bank’s Account Holders only. RuPay On-the-Go is a wearable Technology introduced by National Payment Corporation of India (NPCI) for payments based on Near Field Communication (NFC). It is designed and made available in different forms such as key fobs, smart watch, fitness band etc. These smart payment devices may be used as a lifestyle statement by the users.
IT can be used as a Leather Key Chain & Payment device at the same time. This smart Key Fob is specially made for day to day transaction(s) of small amount.
A customer holding UCO RuPay On-the-Go Key Fob can make Tap & Pay payments at different merchant outlets accepting contactless payments through NFC enabled POS devices.
As of now this service is made available on Debit Card platform, wherein, Customer’s account will be linked with the device and payments (up to set limit) can be made directly from the account just by “Tap & Pay” mechanism without the requirement of any PI.
UCO On-the-Go Key Fob Per Day Transaction Limit (Domestic Transactions only)
- Contactless (Tap & Pay/ NFC enabled POS): up to Rs.5,000/-
- E-Commerce: Rs.25,000/-
- No Cash Withdrawal
How to Enable the UCO Smart Key Fob for usage?
- Login to UCO mBanking Plus App>
- Manage Cards>
- Green PIN Generation>
- Select the Linked Account Number>
- Select Key Fob image>
- Generate Green PIN>
- Enter 16 digit Key Fob Number & Expiry Date>
- Enter PIN>
- Confirm PIN> Enter OTP & TPIN> OK
UCO On-the-Go Key Fob Charges
- Issuance/ Reissuance Charge: Rs.450/- + GST
- AMC: Rs.150/- + GST
