Debit Card Archive

What is a Zero Frills Bank Account

In order to compensate for the services that the bank provides, the customers are usually required to maintain a minimum average balance in their accounts. However, there are many people in India who are unable to maintain a minimum balance in his or her bank account due to insufficiency of money. So, Reserve Bank of India has introduced an account which does not require any minimum …

Simple Steps to Avoid Debit and Credit Card Fraud

Your hard earned money is the only resource which can create multiple resources for you. It is thus, a prime requirement that this resource is kept safe and sound in our bank accounts or wallets. Thanks to the consistent upgrade in financial technology, money has evolved itself from paper to plastic and now to binary. But, as it goes with technology, with boon, a hidden …

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 …

Online Payment Gateways – Which one is Best for you

Plastic Money and Digital Money cannot find an existence until there exists a safe system which guarantees security to the consumer and solves the double spend problem for the merchant. For a developing economy like India, which has youth sharing its major population proportion, emergence of the internet has always been a critical aspect. In this era, when online startups are on a rise, people …

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 Payment Banks Work?

Payment banks are a new elementary version of banks conceptualised by the Reserve Bank of India (RBI). These banks almost provide every service and banking operations similar to other banks but the difference is they operate on smaller scale without involving any credit risk or can’t advance loans or issue credit cards. Payment banks can accept a restricted deposit, which is currently limited to ₹1 …

Using Apple Pay at Stores

Apple Pay is a digital wallet for individuals or a mobile payment service by Apple Company. Apple Pay is very easy to use and works with the devices that you make use on a daily basis. Apple Pay was launched in October 2014 to make the payments of goods and services with their iPhones in the stores using feature of NFC chip. It is a …