First time in India Axis Bank launches chip enabled Platinum Card

Axis Bank has launched Chip-enabled Platinum credit card for the first time in India on March 5, 2008. The unique feature of the platinum credit card is it's built in EMV-certified chip, which enhances its security features. According to Hemant Kaul President, Retail Banking, Axis Bank the chip, certified by Europay, Master and Visa, is almost impossible to duplicate, which enables card holders to be protected from skimming threats Here fraudsters copy the details of your card through a magnetic strip with a specialized device but this will not be possible in this card. .