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#HDFCBank #PayZapp #WalletCharges #CreditCards #UPITransactions #DebitCards #BankingFees #FinancialNews #PersonalFinance #DigitalPayments #Fintech #MobileWallets #ConsumerAlert HDFC Bank Revises PayZapp Wallet Charges: Higher Fees for Credit Card Users Starting January 6 https://lnkd.in/g-faE_J2

RuPay Credit Card on UPI is Amazing • Clean Bank Statement • 45-50 Days Interest-Free Money • Safer Than Bank Account/UPI • Reward Points and Cashback Don’t Hate Credit Cards. Beautiful Product for Financially Disciplined. How is it safer than a Bank Account? Credit card as an instrument protects you from fraudulent transactions, you can file a chargeback.

Why you should make your #CreditCard bill payment now? If like most folks, make your CC payments through third-party apps like #Cred, #PhonePe, #Paytm, you should complete your CC payments now. This is due to a #RBI circular quoting, after June 30th, payments to CCs for Banks that haven’t onboarded to #BBPS (Bharat Bill Payment System) won’t be accepted through these third party apps. While banks are pushing for an extension, there’s no positive news yet. Some media reports suggest there would be a mega impact (meaning everyone would be impacted), while a small section suggests the impact would be limited to users who pay via debit cards using these third-party apps payment gateways. Payments made via NEFT or UPI should be fine. What You Should Do? To avoid any confusion or potential payment issues, it’s a good idea to make your CC payments before 30th June, even if the bill payment date is a few days away. Remember, CC #debt is one of the costliest debts out there. Delayed payments can lead to hefty interest charges, penalties, and a negative impact on your #CreditScore, which can affect your ability to get future loans. Alternatives for Customers post 30th June For banks not onboarded to BBPS, you’ll need to make payments via the bank’s internet banking service or their official app. Finding these details at the last minute can be a hassle, so it's wise to prepay your billed amount now. Why is RBI Making This Change? RBI wants to integrate CC payments via BBPS to ensure better control and visibility for regulatory authorities. This move should help reduce money rotation using CCs and bring down the overall CC outstanding amount. Additionally, BBPS offers instant credit and is a low-cost platform. Banks that are onboarded to BBPS - - SBI, BOB, Federal, Kotak Mahindra, Indusind, AU Bank Have you paid your CC bill yet? #PersonalFinance #Money #Savings #Rewards #Regulations

🚨🚨 #PersonalFinance | Using an #HDFC Bank credit card is set to become costlier from August 1, due to a host of new fees and revised charges Here are the key things cardholders should know | HDFC Bank #HDFCBank #creditcard Anshul Majumdar

#PersonalFinance | #SBICard & #ICICIBank have announced changes to their #CreditCard charges starting in November — affecting utility bill payments, rewards caps & more Here are the key things cardholders should know

Have we gone back to 2000, Our payment gateway partner wants these after trying for last few months to get our account activated .. in the context of Cancelled Cheque Liveliness Test, its used to be cancelled cheque from 1990 onwards , which we thought is past , when 1. We have UPI Penny Drop for Instant account verification , 2. Need branch heads letter to prove our business account is our account , now we know we need more branches .. why banking is so expensive esp for branch banking Any thoughts Razar pay and other such new age payment gateways .. Nothing has changed from 1990 #razorpay #pinelabs #RBI #NCPI Our Mail from Payment gateway partner Quote "Dear Partner, Greetings for the day! Thankyou for your time on call. As discussed on the call kindly provide a verification letter issued by their bank, confirming the ownership of the account. The letter should be on the official letterhead of the bank and must bear the signature of an authorized signatory from the bank. The following details must be clearly visible: - Beneficiary name - Account number - IFSC code (or) Video of cancelled cheque Merchant should submit a video of cancelled cheque of their bank account. The following details must be clearly visible: - Beneficiary name - Account number - IFSC code Please find attached the sample video KYC of a cancelled cheque and a sample Banker Verification on their Letterhead   Also for the policies update on the website please follow the below mentioned sample templets " Unquote End of Mail

Looking for a unique gift idea? Consider giving a credit card! Gifting a credit card can provide financial flexibility and convenience. However, remember that you can't directly give your own credit card, but you can opt for an add-on card or a prepaid card instead. This way, you can set limits and ensure responsible usage. It's a thoughtful way to help loved ones manage their finances better. You can do this with your IDFC First Bank’s First Millenia credit card. I gifted my sister with an add-on card, and she loved it! #FinancialTips #GiftIdeas #CreditCard #IDFCFIRSTBank

Digital Loan Scams: Don't be a victim! Fraudsters use fake ads and impersonate lenders. Be wary of upfront fees like processing charges or "refundable" fees. Never share your PAN or Aadhaar card for loan applications. #karnatakabank #besafe #bankingfraud #fraudawareness #banking #easybanking

When your client decides to pay a collection without a "pay for delete" letter knowing it will stay on his report #credit #creditrepair #creditok #credittips #creditscore #msicreditsolutions #fixmycredit #creditrepairservices #collection #fyp #foryourpage #fyp #parati