Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has entered into agreement with Worldline, a Europe-based payment and transactional service firm. The agreement will enable equated monthly installments (EMIs) payments via Kotak debit cards in India and also help over five million eligible Kotak debit card customers to pay for their purchases in easy installments via the Worldline POS (point of sale) terminals.

Worldline manages a network of over 1.5 million merchants across India, and Kotak debit cardholders will be able to avail of the EMI facility across a sizable number of these merchants in India.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.