Public sector lender Union Bank of India has joined hands with ElectraCard Services to set up an electronic payment facility.

The payment facility is known as ElectraEcomm.

ElectraCard Services specializes in electronic payment software solutions.

ElectraEcomm would be a payment solution working real time which would support all major debit as well as credit cards from all global networks and in multiple currencies.

Union Bank has also implemented another solution from the same provider called ElectraSecure which offers higher security in terms of online transactions.