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Credit card basics

  • Interest free EMI ensures that the total amount to be paid before the use of the EMI and the amount paid after using the EMI facility are same. There is no interest cost incurred and if there is any interest cost incurred in the scheme, then the total amount will go higher.
    Credit Card EMI [...]

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  • It is an association of banks that govern the issuing and acquiring of Visa card transactions.

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  • They are monetary loans that are not secured against a borrower’s assets.

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  • It is a fee that is charged by the credit card-issuing company for certain transactions like withdrawing money from ATMs.

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  • The actual date when a transaction happened using your credit card.

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  • Any additional charges to a merchant’s standard processing fees. They are a result of non-qualified transactions of different communications methods.

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  • A transaction’s position or standing. A transaction can be rated a success, a failure, or a pending transaction.

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  • A tax levied on the price of a good or service is called service tax. The main purpose of this tax is to help fund government expenditure.

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  • A computer or software program that provides services such as e-mail and web access to clients on a network.

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  • Data (often stored as a text file) that is used by the SSL protocol to establish a secure connection. Security certificates contain information about who the certificate belongs to, who it was issued by, a unique serial number or other unique identification, valid dates, and an encrypted ‘fingerprint’, which can be [...]

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