View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 15, 2011

Union Bank of India launches e-commerce service

Our bank is one of the forerunners amongst the peer banks in the area of technology banking and the payment gateway business fits strategically to our overall value proposition to the target customers, said Lalit Sinha, general manager of Union Bank of India.

By Verdict Staff

Indian software solutions provider ElectraCard Services (ECS) has announced the launch of its e-commerce services for Union Bank of India.

ECS’s electronic internet payment gateway – electraECOMM is an online payment processing system that provides transaction acquiring and processing interfaces to the users.

“Our bank is one of the forerunners amongst the peer banks in the area of technology banking and the payment gateway business fits strategically to our overall value proposition to the target customers,” said Lalit Sinha, general manager of Union Bank of India.

As well as electraECOMM, the bank has also deployed electraSECURE, a new system that enables safe online transactions.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International