Samsung Pay extended to SBI debit cards

Mumbai, Aug 1 () Smartphone leader

Samsung

today extended its payment solution Samsung Pay to the State Bank debit cards, which will allow customers to make payments in a secure manner. State Bank managing director for national banking Rajnish Kumar said the bank of its 35 crore debit cards, 27 crore are active and this facility can be availed of by all these customers. Already Samsung Pay is available on SBI credit cards. "With this collaboration, around 270 million SBI debit card-holders will be able to tap and pay using a wide range of Samsung smartphones at merchant outlets having card acceptance machines," the companies said in a joint statement. Samsung Pay works on 2.5 million points of sale (PoS) card machines across the country through its revolutionary magnetic secure transmission (MST) technology, for which Samsung has global patent,

Asim Warsi

, senior VP, mobile business at

Samsung India

, said, adding the J series is the largest volume grosser in the country with 25 per cent market share. Samsung Pay is also available on the entire Galaxy range such as the S8, S8+, S7 edge, S7, Note 5, S6 edge+, A5, A7, and A9 Pro. ----------------------------

SBI Life

launches health plan - Sampoorn

Cancer

Suraksha Mumbai: SBI

Life Insurance

today announced the launch of 'Sampoorn Cancer Suraksha', an individual, non- participating, non-linked health

insurance

product that aims to help one to prepare financially on diagnosis of cancer. The plan aims to provide financial stability by covering the treatment cost and the unforeseen expenses that may arise during or later in the treatment process, SBI Life said in a release issued here. "A person's strong will power and advancements in technology have made cancer curable, but the cost of treatment is getting even more expensive, putting it out of the reach for many people. With Sampoorn Cancer Suraksha, we aim to provide an insurance product that may keep the financial worries at bay and prepare the policyholders better to fight against cancer," SBI Life Managing Director and Chief Executive Officer

Arijit Basu

said. ---------------------------------------- Ex- Snapdeal executive joins

Travel Food Services

as CFO Mumbai: Travel retail company, Travel Food Services (TFS), has today announced the appointment of

Vivek Patankar

as its chief financial officer. His previous stint was as senior VP of Snapdeal since April 2015. Prior to this, he had an extensive stint at

Unilever

serving various verticals, a statement said. Travel Food Services is among the fast growing travel food and retail company, with over 260 outlets across all travel ports including Airports, Railway Stations and Highways in all metros and other major cities in India. ------------------------------------ Performics.Convonix gets SEO mandate of

Aditya Birla

Health Mumbai: Media communications agency

Starcom India

's digital end-to-end solutions company Performics.Convonix today said it has bagged the search engine optimisation (SEO) duties of

Aditya Birla Health Insurance

. "We look forward to developing and implementing a cohesive strategy on search for Aditya Birla Health Insurance. We hope to enhance brand visibility, website traffic and ultimately increase return on investment significantly through SEO," Performics.Convonix co-CEO Sarfaraz Khimani said. SM DSK DS BEN NP