Reported by: banking|Updated: October 22, 2020
Kotak Mahindra Bank said its Visa debit and credit cardholders can now make payments via Google Pay mobile app. Using tokenization, the customers can now link their Kotak debit and/or credit card to Google Pay and then seamlessly and securely digitally transact using their mobile phones across different payment platforms. Not only is this process highly secure, but also very convenient as cardholders now do not need to enter their card information for every transaction. Shanti Ekambaram, Group President – Consumer Banking at the bank, said customer convenience, ease-of-use and, most significantly, enhanced security for the customers are the key hallmarks of the bank’s collaboration with Google Pay. Customers now need not carry their debit or credit cards while going out for shopping or enter sensitive card details for every online transaction, resulting in a smooth and highly secure payment experience for our customers, she added. Debit and credit cardholders of the bank can also make merchant payments at nearby stores using Tap and Pay in-app payments, and eCommerce payments as well as scan and pay on Google Pay.