The use of credit cards in India has steeped with 57.4 million cards in circulation at present. The convenience that this payment tool provides, along with other attractive benefits, has led to it becoming one of the preferred modes of payment. Even though there are a host of benefits to be availed, such as reward...
The use of payment cards has increased sharply in the past couple of years, and a significant shift is noticed in individuals’ preferences. Although India is a debit card dominated market, the number of credit card users is also inching up fast. With millions of credit cards issued each month, it signifies that the credit...
The physical attributes of credit cards are the same globally, conforming to the ISO/IEC 7810’s ID-1 standards. Also, the basic credit card eligibility largely remains the same with financial institutions – customers have to be above the age of 18 and either salaried or self-employed. The only characteristic that differentiates one card from another is...
