Spot the mVISA / Bharat QR logo along with the QR Code.
No, ATM PIN is not required to complete the Scan & Pay transaction. But, you will be asked to enter the MPIN in order to login to Kotak Mobile Banking app as per the existing process.
No, you don't need to register separately for carrying out the Scan & Pay transaction.
Yes, Scan & Pay feature is available on the latest android & iOS versions.
The maximum limit per transaction is Rs. 50,000. The Scan & Pay daily transaction limit will be as per the existing card limit.
Yes, instead of swiping/ inserting the card at the merchant terminal or entering one time password at online store, now you can log into your Kotak Mobile Banking app through your 6 digit mPIN and click on the Scan & Pay tab to initiate the transaction.
Yes, it is as safe as any of the existing card payment mechanism.
Yes, you will be provided with a choice to select between a Kotak Credit Card and Kotak Debit Card each time you initiate Scan & Pay transaction.
No, you must have at least one active Kotak Credit or Debit card in order to carry out Scan & Pay transaction.
Yes, you can make bill payments through Scan & Pay option provided the merchant accepts Scan & Pay transactions. Spot the Bharat QR or mVISA QR code available in your bill to do Scan & Pay transaction.
Yes, there are some merchants like TATA SKY, IDEA CELLULAR and more that generate/display QR code on their website. You can scan the QR code available on their website and do the Scan & Pay transaction for any payments to be made to them.