A liability waiver is more than just paperwork. It is a protective legal document that helps organizations manage risk while ensuring participants understand the possible dangers involved in an activity. Whether it is signing before a gym membership, joining a trekking trip, or clicking “I agree” on a digital waiver,
An EMV chip is a small, embedded microprocessor found in credit, debit, or ATM cards. Its primary role is to enhance the security of card payments by generating dynamic data for each transaction. The term EMV stands for Europay, MasterCard, and Visa, the global standards behind this technology. The EMV
In today’s digital world, your Aadhaar, PAN, or credit card details can be stolen in seconds. Once fraudsters have your identity, they can open fake bank accounts, take loans in your name, or drain your savings, often before you even realize what’s happening. The stress, financial loss, and
A co-branded credit card is a special type of credit card issued jointly by a bank/financial institution and a partner brand such as an airline, e-commerce platform, fuel company, or retail chain. This means that the card carries dual branding and gives exclusive benefits when you use it with
Digital payments have made banking easier, but they also bring risks like unauthorised transactions. If you’ve ever noticed a suspicious debit on your bank account, credit card, or UPI app, you’re not alone. Fraudsters use phishing, card cloning, and OTP compromise to trick people. Thankfully, the RBI has
What is Dynamic Currency Conversion (DCC)?Dynamic Currency Conversion (DCC) is a payment service that allows international travelers to make card payments in their home currency (INR) instead of the local currency of the country they are visiting. While it offers the convenience of paying in familiar currency, DCC often
Credit Card Renewal Fee: A renewal fee (also called an annual fee) is the yearly charge levied by the credit card issuer to keep the credit card active. It is billed after the first year (sometimes waived in the first year) and varies depending on the type of card. ‘Credit
Card cloning, also called credit card cloning or ATM card cloning, is the illegal process of creating a duplicate card by copying data from a genuine credit or debit card’s magnetic stripe or chip. Fraudsters then use the cloned card to withdraw money or make unauthorized purchases. Unlike physical
When you swipe your credit card for shopping, you often enjoy an interest-free period. When you withdraw cash from an ATM using the same card, costs kick in immediately. This means that a cash advance is essentially a short-term loan on your credit card with a separate cash advance fee