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
When you spot an unknown transaction on your credit card or a purchase that
never arrived, you expect your bank to step in. This is where chargeback
processing plays a crucial role. Many Indian cardholders confuse chargebacks
with refunds or reversals, leading to frustration and delays in resolving
disputes.
This
Digital payments in India have grown rapidly, and with that, the need for
stronger security has also increased. One of the most effective solutions
introduced by the Reserve Bank of India (RBI) is card tokenization. But what
exactly does it mean, how does it work, and why is it important
An encryption key is a sequence of random bits that acts as the foundation of
any cryptographic process. It instructs the encryption algorithm on how to
transform readable data (plaintext) into an unreadable form (ciphertext).
Without the correct key, even if someone intercepts the ciphertext, they cannot
reconstruct the original
