India’s top payments service provider Financial Technologies promoted atom technologies, Visa and Reliance group’s Reliance Securities have come together to enable 1 million customers of Reliance Securities to make online money transfers to their broking accounts through atom’s payment solutions, using any Visa Debit card.

This service is the first of its kind in India as customers can now just log on to the website of Reliance Securities and click on the “pay through Visa Debit card option’ to make online payments to their broking account. This service requires the trader to register his Visa Debit card once on the Reliance Securities website, enabling him to make secure payments using his Visa Debit card in real time.

“Visa has constantly demonstrated leadership in responding to the consumer needs and our recent tie-up with Reliance Securities and atom technologies is another testimony of that. From today millions of investors can pay for their stock and commodity investments with the same convenience, security and reliability that they experience when they use Visa anywhere else. And that is the advantage Visa brings in”, Uttam Nayak, Group Country Manager, India and South Asia, Visa.

Dewang Neralla, Director & CEO, atom technologies, added, “Reliance Securities constantly is looking for opportunities to change the way investors transact in equities. To enable increased access to its online services, Reliance Securities has partnered with Visa and atom to provide this innovative solution for its customers.

Vikrant Gugnani, Executive Director, Reliance Securities Limited, said, “The tie up will enable customers to directly transfer money to their brokers for facilitating securities trades through Debit Cards over atom’s platforms. The money can be transferred from the registered Visa Debit cards of the customers by using the payment facility provided by atom.”