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Central Bank of India debuts gift Mastercards

A new gift card and a virtual card from Central Bank of India and Rêv have been launched, in time to reach holiday shoppers for Diwali and New Year. Recipients can redeem Central Bank of India MasterCard Gift Cards to buy many products across many retailers. In addition to retail locations, recipients can also use them to make purchases online and over the phone anywhere MasterCard is accepted in India.

The Rêv MasterCard Virtual Card is a prepaid MasterCard number that gives shoppers a secure way to buy online, over the phone or by mail order wherever MasterCard is accepted without requiring a bank account or credit card.

According to research firm comScore, India's internet audience saw the strongest growth in the Asia-Pacific region, reaching 28 million internet users in April 2008, an increase of 27 per cent from the previous year.