What is a Virtual Credit Card?

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As digital banking and transactions become the norm, many tools are also becoming virtual. If you have a credit card or are planning to apply for one, you may have come across the term ‘virtual credit card’. While the term is self-explanatory, there are many aspects to a virtual credit card you should know about…

Difference Between Secured and Unsecured Credit Cards

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When you are planning to apply for a credit card, there is a list of factors that the credit card issuer will consider. Before they approve your application, they will look at your income level, repayment capacity, credit history, and so on. These aspects help the card issuer decide whether you will be a responsible…

Documents Required for Credit Card Application

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A credit card is a significant step towards financial independence. It not only offers the flexibility to manage your finances, it also provides a plethora of rewards and benefits. However, one of the most critical aspects of this process is understanding the documentation required for a credit card application. In this article, we will focus…

What is Mastercard?

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Payment solutions have become essential for seamless transactions in this digital world. Among the various alternatives, a credit card is one such solution. However, not all credit cards are operated completely by the issuing bank. They need to partner up with a payment network. These payment networks facilitate smooth and secure transactions through a credit…

What Is The FEMA Regulation In India?

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In the globalised era of today, managing foreign exchange is crucial for any economy. India has a burgeoning economy and increasing international transactions. Hence, the government has established FEMA. But, what is FEMA? It is a robust framework to regulate foreign exchange through the Foreign Exchange Management Act. This article delves into the nuances of…