Organisation : Punjab National Bank PNB
Facility : Wave n Pay platinum Credit Card
Web Site : https://www.pnbindia.in/home.aspx
Wave n Pay Platinum Credit Card :
In the present scenario of digitalization, contactless cards have evolve themselves as one of the fastest payment methods based on radio-frequency identification(RFID)
Related : PNB BHIM Bharat Interface for Money : www.statusin.in/22894.html
or near field communication (NFC) technology, which enables users to make payments by just waving or tapping the card near the contactless readers instead of swiping or dipping it. This also requires no PIN/signature, hence very convenient to use.
To leverage the advantage of RFID technology, PNB has launched first of its kind “Wave n Pay” Global Platinum Credit.
This is one of the first variants in the series of PNB’s contactless Credit Cards. Banks is soon going to release contactless credit cards in other variants also.
“Wave n Pay” credit card will be having following additional features apart from regular features of a Platinum credit card :
i. Purchase transactions made through the contactless card is almost twice as fast as conventional credit card purchases because no signature or PIN verification is required.
ii. A special chip is embedded in the card with Contactless logo in the card.
iii. Cardholder has just to wave the card near the machine for a bill value not exceeding Rs.2000/- at a time without putting any PIN/signature.
iv. For bill value more than Rs.2000/-, contactless card required to be swiped or dipped through the machine or PIN is required as usual in terms of RBI guidelines.
v. Contactless transactions maximum limit per day Rs.6000/- for any number of transactions.
vi. Charge slip will be optional for transactions upto or below Rs.2000/- . For transactions above Rs.2000/- charge slip will be issued as per RBI guidelines.
vii.The contactless card is having the same security level as available in our all the existing variants of PNB Global credit card.
viii.The contactless credit card can be used as regular cards at all Visa enabled merchant terminals, even those which are not enabled for contactless transactions.
FAQs :
If Debit card is lost or misplaced what should I do ?
You should immediately contact our below given no. of call centre to get the card hotlisted / blocked. 1800 180 2222/18001032222 (Toll Free, 0120-2490000 (Paid Number)- Through SMS from registered mobile number to 5607040, Syntax is HOT , Through IBS (POST LOGIN).
Is there any Fee for the issuance of Debit card ?
PNB Debit Card is issued free of cost. However a nominal fee of Rs. 100 per Year will be levied after one year of Card issuance every year
Is there any charge levied for use of the card for Cash withdrawal ?
No charge is levied for use of the card for cash withdrawal at PNB ATMs while Rs. 20/- is levied at other bank sharing ATMs under MITR, NFS, SBI Group, EBL and the ATMs with Maestro/Cirrus Logo upto 31st March 2009 after which it will be free of charge. Balance Enquiry is free at all banks` ATMs.
Can a fresh Debit card issued in lieu of lost/damaged card and what is the amount to be charged ?
Yes. Rs. 100/- for lost card while free of charge for replacement of damaged card.
If lost card is subsequently found/traced and restored to cardholder, can it be reactivated ?
card once hot listed / blocked cannot be re-activated. You can make a request for a fresh card.
About Us :
Punjab National Bank, India’s first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorised capital of Rs 2 lac and working capital of Rs 20,000.
The far-sighted visionaries and patriots like Lala Lajpat Rai, Mr. E C Jessawala, Babu Kali Prasono Roy, Lala Harkishan Lal and Sardar Dyal Singh Majithia displayed courage in giving expression to the spirit of nationalism by establishing the first bank purely managed by the Indians with Indian Capital.
Contact Us :
Punjab National Bank
7, Bhikhaiji Cama Place,
New Delhi -110 607