Times Points Debit Card becomes favourite by rewarding its users
Times Internet and HDFC Bank’s co-branded debit card ‘Times Points Debit Card’ that offers young customers discounts and rewards on online shopping has become a big hit amongst its young internet users, in the short duration of its launch. Times Points Debit Card users club points earned from consuming, creating and sharing digital content on Times Internet sites with the points made from online shopping. This unique card combines the expertise of HDFC Bank, one of the largest issuers of debit cards in the country, and Times Points, a digital loyalty program created by Times Internet with over 18 million users. The Times Points Debit Card is focused on providing value to young internet users between the age of 23 and 27 who look for bargains and prefer to wait till the sale season to shop online, especially on their smartphones. Most of them are at the beginning of their careers, probably in their first job where a customary salary bank account is opened. Times Points Debit Card, helps them to leverage their accounts by receiving exclusive deals and earning points for buying and surfing online. Avinash Agrawal, COO, Times Cards says, “In current times, youngsters rely on their mobile phones and the internet for all their needs. With Times Points Debit Card, they gain access to exciting offers online across lifestyle, entertainment, dining and grocery shopping. As most of our users are in their first jobs, we know they are on a tight budget, so we have specially curated offers that help them maximize the value they derive from their expenditure on shopping and other consumption.” Srikanth Siddi, Head- Debit, Prepaid and Commercial Cards, HDFC Bank Ltd says "Times Points Debit Card has been a substantial valuable addition to HDFC Bank’s growing portfolio of products that make shopping a truly rewarding experience. We are excited to offer greater value to our customers in the form of more discounts and rewards while shopping online." Times Points Debit Card is the only payment card in the country that rewards users for Internet usage as well as transactions. In addition to rewarding users on transactions performed using the Times Points Debit Card, this card enables access to an exclusive digital loyalty program that also rewards them for engaging with Times Internet network sites, including the hugely popular sites of TimesofIndia.com, Gaana.com, Cricbuzz.com, to name just a few. Times Points can be earned across numerous activities including sharing and recommending articles, actively contributing reviews, blogging and posting comments. Times Points Debit Card has a daily shopping limit of INR 2.75 lakh and an ATM withdrawal limit of INR 1 lakh. The card presently has more than 10 key welcome offers and over 400 running offers, and it continues to add more offers every month. This is the second co-branded card launched by Times Internet and HDFC Bank. Their first co-branded card was a credit card launched in 2013 to target the entertainment and leisure segment, which is one of the largest co-branded credit cards in the country.
Mar 23, 2017 - Times Points Debit Card
YES Bank and ET Global Business Summit to be held on March 27-28
MUMBAI: The Global Business Summit (GBS) is back on the 27th- 28th of March, 2017 to catalyze the ripples of economic change and is putting together all the building blocks to make it a grand success. Over the two-day conference, global leaders will ponder over the most pressing issues facing the world economy— Post Trump America, the Brexit fallout, fate of the Eurozone, China's slowdown, and also what will it take to deal with surprises and shocks of 2017. With major economies faltering, India, the world’s fastest-growing large economy, finds itself in a sweet spot and the ideas and insights generated at GBS will help script the India success story. "In our connected world, the futures of economies are becoming increasingly inter-dependent. Thus the ripple effect of events such as Brexit and fears of protectionism in developed economies can be felt in the furthest corner of the globe. In this challenge lies an opportunity for India to project itself as a safe haven for investment." said Vineet Jain, MD, BCCL. As the Indian economy enters into a transformative phase, YES Bank has partnered with The Economic Times for a five-year period to create the go-to event for the country's cognoscenti. Under Prime Minister Narendra Modi's leadership, the focus on programs like Make in India, Digital India, Startup India and decisive moves to foster financial inclusion and do away with arcane regulations have resulted in sparking growth. Rana Kapoor, MD & CEO, YES Bank opines, "YES Bank has focused on the emerging sunrise sectors of the economy since inception. The rapid changes taking place in the Indian economy, with the Govt. of India's firm push on digitization present an unprecedented and once in a life time opportunity for the financial services industry to enable sustainable economic growth across all segments of our nation, India." He further adds, "In this context, YES Bank is pleased to partner the Global Business Summit led by Economic Times as a platform which can further catalyze this change by bringing together opinion & thought leaders and transformational practitioners, thereby further augmenting India’s mindshare across the world. YES Bank with its focus on knowledge driven banking in partnership with Economic Times, aims to create a truly global thought leadership forum which will fuel the next growth phase of the Indian economy." This year's GBS is also witnessing participation by Andhra Pradesh as the official state partner. This is a natural progression of the Sunrise AP vision 2029, as drafted by the Chief Minister N Chandrababu Naidu, that envisions to "remould" the state into a "happy and globally-competitive society" by 2029. Over the past two years, The Economic Times Global Business Summit has hosted over 2,000 delegates from across the globe including countries like Canada, USA, Russia, Belgium, Great Britain and Greece among others. This year will see more than 200 leaders from South Asia, Europe, Africa and the Americas participating in the conference. Andhra Pradesh, which has set itself a target to be counted among the top 3 states by 2022, will be the Official State Partner. The past two editions of the Global Business Summit have featured a plethora of thought leaders like Paul Krugman, Nouriel Roubini, Nassim Nicholas Taleb, Prof. Jagdish Bhagwati and Ram Charan. Apart from the gurus, a clutch of global CEOs like McKinsey's Dominic Barton, GE's John Rice, GlaxoSmithKline's Sir Andrew Witty, BCG's Hans-Paul Bürkner and PwC's Dennis Nally have shared the dais to headline global trends in business. This year, the names and the event are bigger; the 3rd edition of GBS will see participation from over 1,500 delegates across the two-day event. With international participation expected to double over GBS 2016, the marquee event will again bring together the most influential global thought-leaders and CEOs and of course, the who's who of Indian government and industry. About ET Edge Times Strategic Solutions Ltd., functional under the brand name ET Edge, is an Economic Times initiative founded to empower multiple industries and segments by sharing critical business knowledge through strategic conferences, summits, exhibitions and communities. Encompassing the Indian business vista, ET Edge strives to bring together visionaries and key leaders on its knowledge platforms to create social and business ecology conducive to the positive changes required by the industry. The main aim of this initiative is to channel global business intelligence through summits and conferences in overarching lectures, hands-on workshops, panels, roundtables, case studies, buyer- seller meets and more.
Feb 22, 2017 - ET Edge
Times Card sees strong growth in spends with 35% YOY growth in 2016
Times Card, a co-branded credit card from Times Internet (the digital wing of The Times Group) and HDFC Bank, grew spends on its portfolio by 35% YOY in 2016 (Jan-Dec 2016). Times Card is positioned as a lifestyle and entertainment card with exclusive benefits on categories like movies, dining, shopping, wellness and hotel stay. Launched in February 2013, it has grown rapidly to become the preferred credit card in its category in the past 4 years. The key target segment for Times Card is young working professionals in the age group of 24 to 35 years. HDFC Bank is one of the largest issuers of cards in India, and Times Card is one of the most successful co-branded credit cards in its portfolio. In the top 9 metro cities, the card is available in two variants exclusively on the MasterCard platform, the Platinum and the Titanium. Both the variants provide 25% discount on movie tickets and up to 20% discount on dining at select restaurants. Additionally, the Platinum Card offers 3 reward points for every expenditure of INR 150 and a Weekday Dining Bonanza, where one can earn 10 reward points on every INR 150 paid for dining on weekdays. The Titanium Card gives 2 reward points for every spend of INR 150 and a Weekday Dining Bonanza of 5 reward points on every INR 150 spent for dining on weekdays. The Platinum card is available with an annual fee of INR 1000, and Titanium with an annual fee of INR 500. Talking about the success of the Times Card, Avinash Agrawal, COO, Times Cards said, “Times Card is a credit and payment instrument for the young professionals. This customer segment values our merchant partnerships that promise fun experiences and high living standards within their budgets. Our strong partnership with HDFC Bank, exclusive co-branded on-ground promotions and brand marketing initiatives have helped us in accelerating the growth and appeal of the Times Card brand.”
Feb 14, 2017 - Times Card
HDFC Life brings country's first life insurance Chatbot with Haptik
HDFC Life, one of India’s leading private life insurance companies, announced the launch of India’s first life insurance chatbot in collaboration with Haptik, India’s largest chatbot platform. The chatbot will act as a financial guide to help users choose the most suitable life insurance plans and solutions. This chatbot aims to assist the customers with insurance advice – ranging from Health to Tax Planning & Retirement, based on a simple 60-second quiz which enables it to compute their Insurance Quotient. Calculated using different parameters under each insurance category, the Insurance Quotient is an indicative score for each individual, based on which, HDFC Life can recommend the best-suited insurance plans for the user. The chatbot not only works as a personal financial advisor but also brings to the forefront the universal need for life insurance. Talking about the need for this platform, Mr Suresh Badami, CDO - HDFC Life, said “Many of us in our country, particularly the millennials, are under insured and need a simple platform to access relevant information about insurance.We at HDFC Life have invested heavily in the adoption of cutting-edge technology to offer insurance solutions across customer segments through multiple touch points. One such initiative is to pilot the use of artificial intelligence to act as personal assistant to the discerning new age customer. Haptik's chatbot enables us to do this and reach the millennials through the medium that they are most accustomed to and are comfortable with.” Aakrit Vaish, CEO, Haptik, added, “We are extremely excited to partner with HDFC Life to build the India’s first Life Insurance chatbot. We believe chat as an interface simplifies tons of complex everyday experiences, and nothing gets more complex than the process of understanding Life Insurance. HDFC Life was the ideal partner who understands the value a bot could bring, and timing it the financial year end made a lot of sense.” The chatbot will be live for only two weeks from the date of its launch on the Haptik app, which is available on both iOS and Android.
Mar 7, 2017 - Haptik
Economictimes.com is the No.1Digital Destination for FinancialNews
With staggering leadership numbers to boast off on all digital platforms, The Economic Times (ET) sustains its No.1 position in Business and financial news on all digital platforms - Desktop, Mobile web and Mobile Application. Giving his views on The Economic Times holding this unshakable leading position, Sanjay Sindhwani, Vice President, EconomicTimes.Com, said that “ET is committed to bring the most in-depth, real-time coverage of business and financial news in the most engaging and user-friendly manner to our audience across all available channels and platforms. We aim to constantly outdo ourselves and scale new heights”. Month on month, The Economic Times has been dwarfing its competition in unprecedented manner. The Economic Times has been ruling the web, worldwide and India with 70% and 43% more users than its nearest competition, respectively. Its digital dominance is bigger than the next three big digital properties (in business/finance genre) put together. Economic Times portal is also the Biggest Business Website is the ComScore News Website Category. In the last few months, The Economic Times has not just smashed the records of its competition but it has also defeated its own records of being on the top. From September to December 2016, The Economic Times saw a phenomenal growth in the number of unique visitors on all its digital platforms. In December 2016, The Economic Times achieved 4.57 MN UVs on Desktop, 10.15 MN UVs on Mobile web and 865 thousand UVs on Mobile app, as per ComScore Report. Even on the social front ET’s reach is way ahead of other business news verticals and rivals that of leading general news brands. With almost 4M ‘Likes’ on Facebook and more than 2M followers on Twitter, ET reaches out to more people every day than any other business-news brand. The Economic Times has been holding one of the top positions in business and market news category for a decade now. It has been the most preferred choice of opinion makers, professionals and business leaders for the most accurate and analytical coverage of financial matters and market moves. Big impact financial events like Budget witness the coming of visitors in huge numbers on ET platforms. ET offers the best of audiences with unparalleled reach for advertisers looking to reach out to key decision makers and business audiences. “Our team of business and market news journalists and experts would continue to provide our audience the most decisive business and share market information possible” stated Mr. Sindhwani. “ETMarkets.com now offers content and live data in 8 Indian languages on its mobile app and this will further increase the reach and penetration of ET in days to come” he added.
Feb 8, 2017 - Economictimes
ETinsure.com to simplify your insurance buying & claims experience
Launching today, ETInsure.com, an online insurance platform, makes it super simple for anyone to buy the best insurance plan by providing a transparent, easy to understand buying experience. Starting with Car and Two-wheeler insurance, it will offer insurance plans from popular seven insurance companies. “The launch of ETInsure.com is in line with our mission to simplify the financial journey of consumers in India. Insurance is a critical part of this mission as the current experience of buying and owning an insurance policy is cumbersome and riddled with rampant miss-selling from pushy sales agents" says Mr.Mukesh Kalra, who is leading Times Internet’s foray in FinTech. Designed as a mobile responsive website, ETInsure.com provides a seamless experience whether you are in front of a desktop or on your mobile. You can buy the policy without any paperwork, the policy is issued instantly and the coverage starts within minutes. Data-led suggestions to help you buy the right policy By talking to more than 100+ consumers, ETInsure team found that while buying a car or two-wheeler insurance, consumers mostly buy products with lowest premiums, ignoring the fact that lowest priced plans would usually put a very low value to their vehicle. This meant consumers are under-covered & they don’t even realise it until they make their first claim. ETInsure.com solves this problem by giving a suggested value of the vehicle which takes into account multiple data points such as - the age of the vehicle, buyer preferences, number of quotes, competitive prices etc. Consumers can then customise their quotes with a single click to get the best policy with suitable coverage. In addition to this, consumers also get data-led suggestions on the type of add-ons they should attach to their policy, which can increase their coverage at a very nominal cost. Decoding the Fine Print Another important aspect is the fine print & complex wordings of the policy document, which intimidates and scares most people. ETInsure.com digitally decodes the terms and conditions of every policy and presents them in simple visuals and easy-to-understand language bringing the much-needed clarity. This provides the required confidence to consumers, making the buying experience more positive & worry-free. Further, once bought, there is an expert team to help the consumer during claim settlements. “We have redesigned and re-engineered the entire insurance stack from the ground up. We are excited to empower our consumers to make informed decisions about their insurance needs so that they feel positive about their future - as they are well-covered,” says Mr. Shankar Nath, Principal Officer & Head, ETInsure.com Launching with Car and Two-Wheeler insurance, ETInsure.com will soon add Health, Life & Travel Insurance products to its online platform.
Feb 3, 2017 - ETinsure
ETMoney launches eSMARTDEPOSIT to earn upto 8% on savings account
ETMONEY LAUNCHES SMARTDEPOSIT to help Indians earn upto 8% on savings account balance without much risk Close on the heels of launching a hassle free tax saving solution, the Times Internet backed personal finance app, ETMONEY has launched SmartDeposit. It helps consumers earn upto 7-8% interest on their Savings Ac balance without taking much risk. With falling interest rates because of demonetization, this is a much-needed product in the market for retail consumers. Most Indians have surplus money in their savings accounts sitting idle. Consumers usually do not know what to do with it. SmartDeposit allows such users to earn 7-8% interest by providing a seamless way to park their surplus balance in money market funds. These funds are the safest option if you want to protect your money from downside and get stable returns. Relevance for such product further increases with PM Modis vision of cashless society and surge in bank deposits, as this will help users to earn higher interest on their idle deposits said Ajit Kumar, Head Investments Vertical of ETMONEY. SmartDeposit by ETMoney is completely paperless, on mobile and takes less than 2 minutes to set-up. The most unique feature is that the user can withdraw the money anytime with a single click and the money will be back in their bank account usually within seconds. SmartDeposit is powered by Reliance Mutual Fund. Another important feature is its paperless OTM (One-Time-Mandate) facility which removes the need for the users to go through the net banking or debit card flow to do the transaction. With paperless OTM, the money can be transferred securely with a single click. This kind of solution was earlier restricted to only wealthy HNIs. It has never been available to the common Indian citizens as it doesnt earn much commission for agents. By combining the power of mobile, data & deep domain expertise, we are democratizing access to such products through SmartDeposit said Mukesh P Kalra, COO ETMoney. Currently available on Android, the app was recently featured by Google as a top personal finance app and is used by more than 10 Lakh users. The company is coming soon with an iOS version of the app by end of this year.
Dec 30, 2016 - ETMoney
Recommended Press Releases