Rel, HDFC to launch India's first virtual credit card

New Delhi, Feb 21, 2008 : According to sources, Reliance Communications and HDFC Bank have entered a tie up to offer virtual mobile credit cards in the country. Under the scheme, a Reliance mobile phone will get credit card functionality and the mobile number will act as the credit card number.

Being the first of its kind credit card service in India, it is being speculated that over the next few months, many other mobile companies might also follow suit.

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