THE HINDU Kotak Bank launches debit card-based e-mandate


  • Kotak Mahindra Bank launched a debit card-based authentication solution on NPCI’s e-Mandate API platform.
  • With this, the bank has become the first Destination Bank to go live with Net Banking and Debit Card-based e-mandate authentication.
  • It will enable its customers to create electronic mandates via both the Debit Card and Net Banking channels.
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