KYC is a comprehensive regularity policy created to prevent money laundering, identity theft, and fraud. Administered and overseen by the Unique Identification Authority of India (UIDAI), eKYC is an electronic version of standard KYC. Instead of paper documents, this feature stores the digital versions of collected identity proofs of all individuals in an online database.…
Individuals these days do not limit themselves to just owning and using a credit card. They instead look for ways to use their credit cards as a tool to stay ahead financially. This indicates that people are becoming financially responsible with each passing day as the economy slows down. Thus, just knowing how to use…
Reputed NBFC Bajaj Finserv in association with RBL Bank has introduced the Bajaj Finance RBL Bank SuperCard. It offers the features of 4 cards in one as cardholders can use it as a cash card, credit card, loan card and an EMI card. It serves as an exceptional financing option as it comes with a…
The credit card market is slowly gaining pace in India even though the number of holders is far less than that of debit cards. Now, several e-commerce companies are all set to launch their credit cards in association with a financial institution. Some of the credit card companies are also offering cards with physical buttons…
Credit cards are fast becoming one of the most preferred modes of cashless transactions in India, with the number of transactions increasing by almost 9.4% year-on-year. Reports show that there are more than 36.24 million credit cards in India today, with total dealings reaching Rs. 129.8 million in January 2018. Such popularity is thanks to…