In another digitalisation initiative, Punjab National Bank (PNB) has launched a Contactless Credit Card.
This new credit card, which has been named PNB Wave N Pay --Contactless Card, was launched by Usha Ananthasubramanian, Managing Director & Chief Executive Officer, PNB in the capital on Saturday.
This card could be used by just waving it across the terminal and the transaction will be through. There is no need to enter any PIN for transactions up to Rs. 2,000.
The cardholder has full charge back rights on the misuse, a PNB statement said.
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