Question: Which of the following bank has launched a Contactless Credit Card named “Wave N Pay”?
(a) HDFC Bank
(b) Punjab National Bank
(c) Vijaya Bank
(d) Corporation Bank
Ans: (b)
Related Fact:
- On 21 January 2017 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.
- 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.