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Kotak Bank ties up with Worldline to enable EMI on debit cards

December 03, 2021

Kotak Bank ties up with Worldline to enable EMI on debit cards

Kotak Bank announced that it has collaborated with Worldline to enable Emi payments through its debit cards in India.

Bank said in a statement, “This will help over 50 lakh eligible Kotak Bank debit card customers to pay their purchases in easy instalments via the Worldline POS terminals”.

Worldline managers a network of over 15 lakh merchants across the nation, and Kotak debit card holders will also be to avail of the EMI facility across a sizeable number of these merchants in the country.

Ambuj Chandna, President Consumer assets, Kotak Bank said, “Worldline has a solid and dominant presence, especially in tier 2 and 3 cities of the country, and this partnership will further empower our clients with a wide network of new merchants for availing the EMI on Kotak bank debit cards facility”.

The minimum purchase value to avail EMIs on debit cards facility is ₹5,000, and customers have the flexibility to repay the loan over tenures between 3 months to 12 months. To begin with, EMIs on Kotak Debit cards is available on all consumer, retail fashion and electronic products.

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Banking CareerBusinessCurrent Affairskotak

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