Smart cards for the Net from Smartcc

In an effort to make Net transactions easier and more secure, Bangalore based

Smartcc Pvt. Ltd. plans to launch a convenient payment solution for online

transactions, the Smartcc Card.

The pre-paid, stored value card, which is available in Rs 100, Rs 250 and Rs

500 denominations, are virtually as secure as cash and can be used at different

e-commerce sites with which the company is in the process of tying up, according

to a release. The cards will be supported by a network of retail outlets,

ensuring their easy availability. Smartcc will be a payment option on the

shopping cart at the various partner sites.

The company is expecting to sell around 100,000 cards in the next one year.

Currently, Smartcc.com is operating from Delhi, Mumbai, Chennai, Bangalore,

Hyderabad and Pune. Ideas2.com has provided the first round of investment and

smartcc.com is expecting its second round of funding shortly.

Speaking about the card, Smartcc CEO Divyanshu Mishra said, "Currently

we are in talks with various eCommerce sites. We plan to have around 15 sites in

next 2 to 3 months. As the card is India specific, it is not possible to

transact with foreign portals. This card helps the people, who doesn’t have

credit card and who wants to make online transaction."