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Month: September 2018

Bursting the Myths of Credit Card

Bursting the Myths of Credit Card

Myth: Having too many credit cards can make your credit score poor People have a notion that every card would play a role in to increase your debts, this is only true with people who don’t pay off their debts or recklessly manage their expenses. Every card has different offers, discounts and reward points on its purchases. No one card can satisfy all needs. If someone is a frequent traveler they might go for a travel card, contrary to the…

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Menace of fake news: How vulnerable are we?

Menace of fake news: How vulnerable are we?

WhatsApp has appointed a grievance officer for India, to address the concerns revolving fake news on it platform. This move was taken as a result of various actions taken by Indian Government which makes social media companies responsible remove objectionable contents and video from their sites and not the users. Law enforcement agencies are closely monitoring actions of social media companies According to an MIT study, it showed that fake stories are 100 times more probable to reach to bigger…

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4 Ways to escape your credit card debt?

4 Ways to escape your credit card debt?

The advent of credit cards has been a boon for consumers for they can easily pay their bills with the help of credit cards and pay the credit card bill at the end of the month. The extent of use of credit cards can be gauged from the fact that the volume of credit card stands at 30 million vis-à-vis debit card which stands at 800 million. Yet the transaction value of credit card and debit card is same. People…

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Google Pay a.k.a. Tez and its future plans

Google Pay a.k.a. Tez and its future plans

Google has rebranded its payment app as Google Pay from Tez. For last one year Google has run rate of $30 Billion in India and it seems that Tez has become one of the favourable app to make payments. The intention behind this is to bring the Google pay in India. Google pay has the feature of ‘Tap & Pay’ . Tap and pay is similar to apple pay and Samsung pay in which the card is stored in the…

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Prevention from credit card cloning

Prevention from credit card cloning

                Frauds are caught in Delhi when a person was found making transaction using cloned credit card and through him all the other members were arrested. The Delhi cybercrime team shared few points about credit card cloning. However we are not going to discuss that points rather we will discuss about those points to keep in mind to prevent from cloning. Here are few points to keep in mind while applying and using…

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