Vysya Bank Ltd
has announced the launch of Maestro, the global online PIN-based
deposit access programme with MasterCard International. Vysya Bank
Maestro debit cards with the brand name Sambandh will be
acceptable at all Maestro acceptance locations in India and
The bank is also coming
up with an Internet-banking product, Mi@-bank, and an in-house
call-centre in the near future.
Says Vysya Bank deputy
managing director Bart Hellemans: Our Internet-banking product
will be launched by mid-June 2002. We are also planning to
increase ATMs from 17 to 50 by the end of this year and are also
looking at introducing an electronic bill payment system.
Vysya Bank executive vice-president and head-retail banking Robin
Roy says Vysya debit cardholders will have access to cash globally
through the MasterCard Maestro.