Private sector lender Kotak Mahindra Bank today said its credit and debit card holders will be able to tap and pay using smartphones at merchant establishments. Also Read - Amazon Prime Day sale deals revealed: Discount on OnePlus Nord CE, Mi 11X, Samsung Galaxy M42Also Read - Galaxy A22 replaces M42 5G to become the cheapest 5G Samsung phone in India
The city-based lender has tied up with Samsung, under which its cardholders will be able to tap and pay using smartphones of the Korean electronics major having the Samsung Pay acceptance machines, a bank statement said.
Samsung Pay works on 2.9 million points-of-ale card machines across the country and as part of the tie-up, Samsung Pay will further strengthen Kotak s digital savings account product by enabling a virtual debit card for contactless payments, it said.
In India, Samsung Pay currently supports Yes Bank credit cards, and SBI debit cards. RELATED: Samsung Pay now supports SBI bank debit cards; here s everything you need to know