When you use your credit card for shopping at a store, you just have to swipe the card and the transaction is complete within seconds. But have you ever wondered what goes on behind the scenes for processing this transaction? Swiping the credit card in a Point of Sale (POS) machine is only the first…

When you make a payment online using your credit card, the website asks you to enter card number, credit card expiration date and CVV. Card number helps in identifying your credit card account with the bank and CVV is an additional identifier which also protects you against fraud. But what is the purpose of expiration…

When it comes to money, we Indians are cautious by nature. Among millions of credit card users in the country, there are also millions who are of opinion that credit cards are evil. For someone who has been using credit cards for many years and enjoyed several benefits on them, it is quite difficult to…

Indians have started loving credit cards like never before. Recent numbers show that credit cards are increasingly gaining popularity among people from Tier-II and Tier-III cities as well. After all, who would not like to enjoy all the perks that these cards offer- rewards, cash back, travel benefits and the ability to make high-ticket purchases…