Friday, June 10, 2011

Standard Chartered Bank has entered into a partnership with the Pinpoint India to offer its premium credit card customers bonus points. It has also recently launched a mobile banking application that enables the Standard Chartered Bank customers to transfer money and book airline and movie tickets.

Standard Chartered Bank, India’s largest foreign lender, has entered into a partnership with Pinpoint India Private Limited, with an objective to offer ‘Bonus Points’ for its premium credit card customers. The customers can make use of this great reward program initiated by the bank by using their credit cards for transacting with a large number of bonus points partners pan India.

The Standard Chartered Bank credit card customers also have the opportunity to earn the bonus points by using their cards at those merchant outlets that are already associated with this particular scheme. Some of the prominent merchants that are partners in this scheme include Croma, Vodafone, Wills Lifestyle, The Leela Palaces and Hotels, Marriott Hotels, Cox & Kings, Jimmy Choo, Bottega Veneta and VLCC among others. That is not all. The customers can also earn the reward points with the plethora of local merchants all across the country such as boutiques, optometrists, florists, restaurants, beauty salons, jewelers and book stores.

“This initiative underlines our commitment to offering customers innovative services that are unmatched in the industry. Through our association with Pinpoint India, customers will find immense value in the additional benefits offered by this unique program,” said, Shyamal Saxena, Head of Retail Banking Products, Standard Chartered Bank, India.

The Standard Chartered Bank customers can now look forward to experience world-class mobile money services in India as the leading provider of mobile banking and payment technology solutions in the world, Monitise, has developed an application for the Standard Chartered Bank’s Breeze brand, which will empower the customers to locate the Standard Chartered Bank Automated Teller Machine (ATM) nearby with the help of the ATM locator and also they can now book cinema and airline tickets.

Alastair Lukies, chief executive, Monitise, said, “Innovation is at the heart of both the fast-growing mobile banking market in India and our open and collaborative approach to the mobile money ecosystem globally. This launch shows how our tried and tested technology enables banks to extend beyond their traditional range of services into mobile commerce”

About Standard Chartered Bank India

Standard Chartered Bank is one of the India’s largest international banks. It is primarily a London-based bank that provides its services in Asia, Africa and Middle East. It is also listed in the Mumbai Stock Exchange.

The branches of the bank is located at some of the major cities and states in India such as New Delhi, Hyderabad, Kolkata, Mumbai, Bangalore and Ahmedabad. The bank has 94 branches in 37 cities all across the country.

Standard Chartered Bank India Services

The banking services provided by the Standard Chartered Bank include:


  • Private banking

  • Personal banking

  • Small and Medium Enterprises (SMEs) banking

  • Credit card

  • Loans and mortgages

  • Non-Resident Indian (NRI) banking services

  • Debit and prepaid cards

  • Insurance and investment products


About Pinpoint India

Pinpoint India is a worldwide leader in the loyalty marketing that offers a multitude of next generation rewards programs in India. Pinpoint India is a subsidiary of Pinpoint Group, which is based in Sydney, Australia.

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