Month: December 2013

How to Enable / Disable International Spend Credit Limits on HDFC Cards

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Indian Credit Card users witnessed massive Skimming Fraud with their Card being present in their own wallet purchases were made in Spain, South America etc. We wrote to the RBI to curb this menace. The Consumer Friendly and Pr-Active institution – Reserve Bank of India mandated that each and every Credit Card issuer give a liberty to the Customer to either Enable or Disable International Spending. Further, if International Spending is enabled, the Consumer must have a choice to set his own Credit Limit.

HDFC Bank Ltd, India’s Largest Credit Card Issuer put its IT department on an emergency work and was able to give a choice to its Customers [Enable / Disable International Spending]. Today we’ll walk you

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ICICI Bank Coral Credit Card Payback Points Not Given

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ICICI Bank Coral Card Payback PointsIt is not uncommon to see that your Bank encourages you to spend on your debit / Credit card and when it comes to credit the Points to your account they start giving one or the other reason. HDFC has cheated me by upgrading my card and then eventually setting the 9,000+ points in the account to Zero. A reader of our Site who is aggrieved by ICICI Bank, is narrating on how he was taken for a ride in the name of Payback

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What to Do When Your Credit Card Transaction is Cancelled / Failed ?

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Transaction-FailedIndia is a truly Unique Country in its own way. At one end it boasts of having the Second Largest Telecom Subscriber Network and on the other hand Credit Card transactions happening on these Telecommunications network fail quite often for connectivity reasons. Such an instance happened when the Credit Card Authorization was Cancelled / Failed as shown in the receipt to your left. However, the customer has received a SMS on Mobile message that Rs 500 transaction has happened with the outstanding balance indicated. The merchant will then demand you pay in Cash or Re-Do the Credit Card transaction on

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WalletAssist – Protection against Credit / Debit Card Fraud

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WalletAssist Card Fraud Protection The Indian Regulator(RBI) is doing its best to prevent Plastic Money Fraud. However, over the decades Plastic money fraudsters have existed and come in a whole new way to rip off our hard earned money. Increased online shopping , the growing acceptance of debit cards combined with the increase in types of frauds and the need for something that helped with the new frauds was the trigger.

OneAssist Consumer Solutions Pvt Ltd, funded by Sequoia Capital and Lightspeed Venture Partners has launched an enhanced product for the assistance and protection market. The New WalletAssist covers all kinds of fraud on debit and credit card . It covers card skimming,

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