Axis Bank ties up with Vistara to introduce contactless credit card

• Guragon based India’s fastest developing air carrier “VISTARA” ties up with AXIS bank to release a contactless Vistara credit card using the VISA platform.
•  Contactless credit cards use radio-frequency identification (RFID) or near field communication (NFC) for making secure payments. The embedded chip and antenna enable consumers to wave their card, over a reader at the point of sale terminal.
• User Bung – The cards come with a yearly fee of Rs. 1,500, Rs. 3,000 and Rs. 10,000 for the top-end variety and are aimed towards corporate cum leisure travelers. On procuring this card, the members will get free upgrades and other loyalty benefits on buying tickets with this credit card
• The benefits from this distinct credit card will be tiered depending on travel preferences of customers and their travel frequency. The card comes in three variants: Infinite, Signature, Basic

Important Question for Competitive Exam from this Current Affairs:

1. Axis Bank ties up with _________ to introduce contactless credit card: a)Master Card b)VISTARA c)VISA d)None of these