Since your credit card is only in inactive mode, it is necessary to activate the card at the KBZ bank branch when you pick up the card. The cards have a tiny antenna embedded into the chip which securely transmits payment instructions to and from a specially adapted card terminal.Ĭustomers can apply for any of the card based on their income eligibility. ![]() The technology enables cardholders to ‘tap’ their card on a contactless POS terminal to make transactions up to the amount set by merchant’s acquiring bank, rather than ‘swiping or dipping’ their card into POS terminals. It is simple, secure and quick payment method. KBZ Visa payWave is a contactless method of payment – the latest evolution in Visa payments. ![]() ![]() There are two (2) types of Visa credit card issued byKBZ bank i.e Platinum & Classic cards with PayWave function. KBZ Visa credit card is a kind of unsecured personal loan provided through a “plastic card” which can be used for payment of goods & services or cash withdrawal.
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