Introducing a fast way to pay. Visa payWave offers a fast, safe and secure way to pay. Just wave your Kotak Visa payWave Credit Card and pay for transactions up to Rs. 2000 without a PIN
How does the PayWave Credit Card work?
*Please note that the requirement for PIN entry on the POS terminal at the merchant outlet is a function of country specific regulations and is subject to change. PIN input is not mandated for purchases below the permissible local limit
Please note that the permissible transaction limit for usage of credit cards in contactless mode in India is mandated by RBI and may change from time to time based on the latest regulations. As per RBI notification on Additional Factor authentication for contactless transactions dated May 14, 2015, PIN input is not required on the POS terminal at the merchant outlet for contactless transactions up to a maximum value of Rs. 2,000 per transaction. Additionally, beyond this transaction limit, (above Rs. 2,000) the card has to be processed in Chip & PIN mode and authentication with PIN is mandatory