Reliance Securities tie up with Atom Technologies for online payments

BANGALORE: Reliance Securities, the brokerage arm of Reliance Capital has tied with payment service provider Atom Technologies to enable traders to make online money transfers to their brokerage accounts using any Visa debit card.

Users of Reliance Securities can now log into the website and click on the “pay through debit card option”. The service, however, requires the trader to register his/her debit card once on the website.

According to Dewang Neralla, Director & CEO, atom technologies, part of the Mumbai based Financial Technologies group, the initiative will enable brokers to tap India’s vast debit card subscriber base, giving a boost to online financial market activities. Reliance Securities boasts over 1 million customers.