South Indian Bank (SIB) launches RuPay Contactless SIB Paytag Sticker for tap-and-pay transactions.

Exam-focused facts from the 23 December 2025 current affairs briefing.

Key facts

South Indian Bank (SIB) introduces the RuPay Contactless SIB Paytag Sticker, an NFC-enabled payment instrument.
The compact NFC sticker can be affixed to mobile phones, wallets, or cardholders.
Customers can make tap-and-pay transactions at contactless POS terminals without carrying a physical debit card.
No PIN is required for purchases up to ₹5,000; PIN authentication is mandatory for transactions above ₹5,000.
SIB Paytag can be used at all contactless POS terminals.
Online e-commerce payments are possible by viewing card details through the SIB Mirror+ app.