Your digibank by DBS Debit Card has an annual fee of ₹150+18% GST, applicable from the second year of opening your digiSavings account. A nominal amount of ₹150+₹27 (GST) would be charged once a year. The first debit of the annual charges will be processed starting July 2020. Please note that you may be also charged for subsequent reissuances of your physical debit card. An email was sent by us from the email id - [email protected], in the month of June 2020 notifying our customers of the charges.
The annual debit card charges will be ₹150+18% GST (₹27). Hence ₹177 will be debited from your digiSavings account.
We regret that there are no waivers applicable on the annual debit card charges.
Tokenization is the process of replacing a card’s 16-digit number on the plastic card with a unique alternate card number, or ‘Token’ which shall be unique for a combination of card, token requestor and device. Tokens can be used for online transactions, mobile point-of-sale transactions or in-app transactions. This token contains no personal information that can be directly accessed making it secure method to complete payments.
RBI has directed the payment aggregators, wallets and online merchants (entities in card transaction/payment chain other than card issuers/card networks) not to store any sensitive card related customer information including full card details. Hence, the card numbers can be replaced with ‘token’s as mentioned above. This RBI mandate would come into effect from 1st October 2022. Please be assured that this will not hamper your credit card experience but will make your credit card transactions more secure.
As the card details will not be saved from 1st October 2022 you will need to tokenize your card on the corresponding Merchant website or app. You can then continue to make payments without entering your card details again on that Merchant if you have generated a token. If you do not tokenize your card, then you would have to manually enter your full card details for making transactions.
This token will be used instead of your card details for all the online payments you make on the merchants.
A tokenized card transaction is considered safer as the actual card details are not shared / stored with the merchants to perform the transaction.
You should follow the instructions specified by the online Merchant and follow the registration and verification flow in order to register for Tokenization and store the token with the online Merchant.
Generally, the process would entail filing your card details, followed by verification via OTP and then a token will be generated associated with your card. This token will be saved by the online Merchant.
If you do not choose to tokenize your card then you will have to enter all your card details including card number, expiry and CVV for every payment you make.
No, token registered on one merchant cannot be used on another merchant. Each merchant will have a unique token associated with every card saved on that Merchant. This token cannot be used for any other card that you might have or on any other merchant. Essentially, your card will have multiple tokens based on the number of Merchant you would have tokenized your card with.
You can delete token by directly going to the merchant’s website/app and deleting the card associated with the token from your payment preferences.
You can request for Tokenization of any number of cards to perform a transaction.
For performing any transaction, you will be free to use any of the cards registered with the token requestor / merchant.
You will be able to see the last 4 digits of the card on the merchant page.
You will have to visit the merchant page and create a fresh token by following the instructions available on the merchants’ page.
Your virtual debit card, which comes with digibank e-wallet, can be used for online and electronic transactions in India, within specified limits.
Your physical debit card, which comes with digiSavings, can be used anywhere regular debit cards can be used, including online and point of sale transactions, as well as overseas. You also get free unlimited cash withdrawals at nearly 2,00,000 ATMs across India.
Both debit cards are subject to usage limits.
Visa Tap to Pay is a new contactless method of payment - the latest evolution in Visa payments. It is a simple, secure and quick payment method. The technology enables cardholders to 'Tap' their card on a contactless Point-of-Sale (PoS) terminal to make transactions up to INR 2,000, rather than 'swiping' or 'dipping' their card into PoS terminals.
Visa Contactless cards have a tiny antenna embedded into the chip which securely transmits payment instructions to and from a specially adapted card terminal. These cards feature a distinctive contactless mark .
When shown on a card, the EMVCo Contactless Indicator* means the card has the capability to make contactless payments.
When shown at a merchant, the Contactless Indicator means a merchant accepts contactless payments.The EMVCo Contactless Symbol is where you tap your contactless card or payment-enabled device on the checkout terminal to make a contactless payment.
We're always looking for ways to make it easier for you. Introducing Visa Tap to Pay enabled digibank debit cards will let you make quick and easy transactions. And we want you to have access to the latest features and benefits. Visa Tap to Pay enabled debit cards will be issued when:
You can make Tap to Pay transactions by holding your card within 2.5-5 cm of the Contactless Symbol on the terminal. You can then remove your card and the transaction will be complete. You can choose to have a receipt. It's optional.
You should hold your card or device to the terminal for 1-2 seconds. You'll be done before you can say ta-da.
You can tap to pay where you see the Contactless Symbol at checkout. Millions of merchants around the world accept contactless payments, including fast food restaurants, greengrocers, chemists, and more.
A Visa Tap to Pay enabled card is a quicker and more convenient way to pay.
You can still use your VISA Tap to Pay enabled card at ATM's and make PoS transactions by entering your PIN or signing for your transactions. The Tap to Pay transaction limit is up to INR 2,000 per transaction, however you can still use your Tap to Pay card for any transaction over INR 2,000 by 'swiping' or 'dipping' the card using PIN or signature.
As per RBI guidelines, for transactions up to INR 2,000 made on a Tap to Pay enabled terminal, you do not need to enter the PIN, you simply wave the card at the reader. The transaction limit on your Visa Debit Card is INR 100000 which includes Tap to Pay transaction upto Rs. 2000 and transactions that are not Tap to Pay enabled i.e. Pos transactions. For cash withdrawals at ATM, the limit is INR 25,000.
All new and renewal cards will be automatically issued shall be VISA Tap to Pay enabled debit cards. However, you have the option to not use the Tap to Pay functionality. You can still choose to 'swipe or dip' your card using a PIN or signature even if a Tap to Pay contactless terminal is available.
There are many benefits associated with using Tap to Pay card in terms of ease of payment and its convenience. You can still choose to use your card in the way you are most comfortable with – whether by Tap to Pay, PIN or signature. You can be rest assured that with all transactions made using your Tap to Pay card are completely secure. If you suspect any unauthorised charges on your card, please call us immediately.
Yes, you can use your Tap to Pay card wherever the contactless symbol is displayed in India or overseas. The Visa Tap to Pay enabled card can be used for traditional transactions at millions of locations worldwide wherever the Visa logo is displayed, including over the internet. Remember to enable international transactions on your debit card through your digibank app if you wish to use it overseas!
Yes, you can still use your Tap to Pay card, as the card's chip and magnetic stripe also allows the card to be used in the same way a traditional Visa card is used, by using a signature or PIN.
Tap to Pay is the name of this technology for Visa cards, whereas PayPass is for MasterCard.
Yes, you can use Tap to Pay cards on PayPass terminals.
No, Visa Tap to Pay terminals are designed to only make one transaction per card at a time. All Visa Tap to Pay terminals are tested and certified to confirm that a card is only read once, before the transaction is concluded. As a safeguard, each transaction must be complete or void before another one can take place.
The transaction is confirmed by illumination of four green indicator lights and a display message confirming that the transaction has been successful.
Yes. Your contactless card or payment-enabled device is safe for a number of reasons:
Visa Tap to Pay enabled cards are just as secure as your current Visa debit card and carry the same multiple layers of security protection, which ensures members are not responsible for fraudulent or unauthorised transactions. The card never leaves your hands when making transactions, which reduces the risk of fraud.
No, but if you would like to get cash out, you can withdraw cash using your digibank debit card absolutely free at all DBS ATMs across India.
Yes, you can request a Visa debit Tap to Pay card prior to the expiry of your existing card through your digibank app. You will receive your brand new Visa Tap to Pay enabled debit card at the address provided by you through the app. What's more – you need not wait for the PIN to arrive. You can activate your debit card and set your PIN on your digibank app itself!
Cashback will be reflected in your transaction history. It would have the word "cashback" in the transaction description.