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Citibank brings in paperless payment system for cardholders

Mumbai: Citibank India today announced a new paperless mobile payment system for its credit and debit card customers that would do away with the charge slips and would be implemented for the entire global network of its US-based parent Citigroup.
The development makes Citibank India the first country franchise within Citigroup to launch an industry innovative mobile payment solution, which has been developed with its technology partner Ezetap.
Citibank said in a statement it has already partnered with seven leading brands for the launch of this service in India, where it would help its more than 320 million card customers to make payments through their debit and credit cards at the point of
payment.
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