South Indian Bank introduces RuPay SIB Paytag

South Indian Bank introduces RuPay SIB Paytag

South Indian Bank has announced the launch of RuPay Contactless SIB Paytag Sticker, NFC (Near Field Communication) enabled payment instrument, designed to provide customers with a faster, secure and frictionless payment experience.

The compact NFC sticker easily attaches to personal accessories such as mobile phones, wallets or card holders, allowing customers to make quick tap-and-pay transactions at contactless Point-of-Sale (POS) terminals without having to carry a physical debit card.

SIB Paytag Sticker supports contactless payments for everyday transactions, without the need for a PIN for purchases up to ₹5,000. For higher value POS transactions above ₹5000, PIN verification is mandatory, ensuring better security. SIB Paytag can be used on all contactless payment terminals. Customers can also make online e-commerce payments using the SIB Paytag Sticker by viewing the card number, expiry date and CVV securely via the SIB Mirror+ app, a press release said.

“Digital payments are rapidly redefining the way customers transact in their daily lives. With the launch of the RuPay Contactless SIB Paytag Sticker, we offer a simple yet powerful solution that combines convenience, speed and security,” said Sony A, Senior General Manager (SGM) and Chief Information Officer (CIO).

Published on December 21, 2025

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