Credit Card Archive

Paytm and ICICI Bank Postpaid: Buy Now Pay Later

Irrespective of how rapid the development of our startup ecosystem has been, evolution of Paytm and ICICI Bank would always be an inspirational story to any learning mind. While ICICI Bank has been declared as one of the few banks that are too big to fail, Paytm has expanded itself from a mere mobile recharge website to a fully fledged payments bank. In this short …

Machine Learning and AI based Fintech Startups

In the recent times, a plethora of data driven startups has paved their towards the banking and finance system. Adding the spice, their arms to disrupt this field are not experts from the top management colleges, but two elite engineering terms that have the potential to rule the world: Artificial Intelligence and Machine Learning.  With the massive number of people being a part of the internet …

Cost of Using Payment Services in India

There are more than 50 payment gateways services available in India. In order to accept and make Payments fast, secure and convenient, online payment services are playing a vital role in India. Online payment services is a service that authorizes the credit card or the other electronic payments such as debit cards, online banking, cash cards etc. These online payment services work in a simple …

How Credit Card Authorization Works?

There is no existence to the idea of digital and plastic payments, unless a system of identity verification is there.  Thanks to increasing speed of global connectivity, increasing security measures and awareness among consumers, we are able to carry out these transactions in quick time. Credit card is the only revolving credit system that requires no collateral and, is solely based on one’s profession, income and …

Everything About Android Pay App

In today’s era, mobile payment services are growing day by day. Similarly to Apple Pay for iPhone, Google’s system is called Android Pay. Android Pay is a digital wallet app for the users to make purchases and to make payments with Android phones, tabs or watches. Android Pay works as point of sale terminal with NFC (near field communication) enabled transmit card information and host …

Pros and Cons of E- Wallet

  “There were times when money did not have any form. It took form via metal, paper and now plastic.                                 Soon, our money would be nothing but simplified binary equations. “ E-wallet is now money on the move. E-wallets such as PayTM, MobiKwik, Freecharge and others are achieving ground …

How a Credit Card Works?

A Credit Card is a small debt based financial product that can help you build credit, make suitable payments and meet everyday expenses in people life. Credit cards are financial tools issued by banks and other financial institutions that can save you money, allow you to make purchases, take cash advances, transfer balances from other accounts or completely ruin your finances, based on how you …

Samsung Pay v/s Apple Pay: Fight for Smart Payments

When it comes to digital transaction systems, the arrival of the giants has become an ultimate game changer. What used to be a market for entrepreneurs and tech startups, has now become a multi billion dollar industry with all the MNCs striving to get a good chunk of shares in it. Samsung Pay and Apple Pay are both similar sounding, similar functioning payment and wallet …