Punjab National Bank (PNB) has launched a Contactless Credit Card. The new credit card has been named PNB Wave N Pay. 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. This contactless credit card has been launched on Visa Platinum platform.