IDFC First Bank launches FIRSTAP - India's first sticker based debit card

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IDFC FIRST Bank has launched FIRSTAP, the country’s first sticker-based debit card, in association with National Payments Corporation of India (NPCI), to facilitate transactions by simply tapping the sticker on a Near Field Communication (NFC) enabled point-of-sale terminal. 

The sticker-based Debit Card is one third the size of a regular debit card, thus making the sticker applicable on a wide range of devices and objects, and significantly enhancing customer convenience. Customers can affix the Sticker-based Debit Card on any surface of their choice, such as cell phones, identity cards, wallets, tabs, airpod cases, etc. The object can be used to tap and pay, thus doing away with the need to carry a Debit Card or adapting to wearable devices such as watches and rings or entering a UPI PIN after scanning a QR code. 

The touch-free way to pay enables payments in seconds for transactions up to Rs. 5,000 without a PIN, and those beyond that, with a tap and PIN. 

https://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/news-media/press-release/Press-Release-IDFC-FIRST-Bank-NPCI-launch-Sticker-Debit-Card.pdf

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