Make Online Payments using Virtual Credit Cards (VCC) from ICICI, HDFC, Citi Bank

Unlike regular credit cards, virtual credit cards (VCC) does not have any existence, but they can be safely used online for any kind of shopping or transactions. Virtual cards lift any kind of fraud transactions, credit card information leak or misuse chances since these cards are valid for few hours. You can set your own credit limit, validity period and can also cancel the card at anytime before it’s expiry period. The launch of virtual credit cards in India is an innovative step to minimize the online fraud chances.

Since VCC cards are meant for online shopping or transactions only, you can create virtual credit cards from your online credit card account, provided by your bank. You can set your own credit limit, expiry date and the bank will give you a new CCV code (3 digit security code) for online transactions. These cards can be compared with prepaid cards since you set the amount, get all informations and then use it.

Currently Indian banks like ICICI bank, HDFC bank, Citi bank, Kotak Mahindra bank are providing virtual credit card facility to their customers. HDFC bank allows it’s customers to create VCC cardsonline by withdrawing money from their savings account also. All unused money will automatically get transferred to the credit card or saving account after the expiry of the issued VCC card.

List of Banks Providing Online Internet Banking in India

Online internet banking means managing your bank account online. You can not only view your bank account details, transaction reports, detailed statement or check clearance updates but also you can transfer money to other people’s account, activate mobile banking, shop online and many more. Internet banking comes as advantage with your normal bank account since you don’t have to rush to your bank for banking purposes in busy hours, simply sit before a computer, connect to internet and start online internet banking.

All major banks in India are providing online banking accounts today. It’s completely free and you don’t have to pay any monthly or yearly charges for maintaining a internet banking account. You can secure your internet banking account from evil eyes by keeping a strong password. Let’s know how to get started with your online banking account.

List of Indian Banks providing Online Internet Banking

1. ICICI Bank
2. State Bank of India
3. HDFC
4. HSBC
5. IDBI
6. ING Vysya
7. Axis Bank
8. Andhra Bank
9. Bank of Baroda
10. Bank of India
11. Citi Bank

There are several other banks who are providing internet banking to their bank customers, but the above banks are from those top banks list in India. You can apply for a online banking accountby visiting to your nearest branch or applying online.

Online internet banking is something that you need to have. It’s easy, fast, secure and convenient.

How to Block Lost or Stolen Credit Cards Immediately?

Keeping a credit card secure is the sole responsibility of the card holder and the card issuer does not hold any responsibilities towards this. If you have got your credit card stolen, you have to block it immediately so that no one can misuse it.  Banks have some strict policies and according to their TOS, card issuer won’t have any liabilities for the lost cards and the card holder will bear all transactions made within the lost or stolen period. The best way to avoid these problems is to block credit card as soon as you find it lost or stolen.

Credit cards have a 16 digit serial no, expiry date and 3 digit security pin no printed on it. Anyone can use those numbers to purchase things or services online and you have to pay for it. However, after recent RBI declaration about extra credit card security feature, no one will be able to use the card online for shopping purposes without proper verification. But they can still swap the lost credit card on any shop and make you paying the bills.

The best way to block lost or stolen credit cards is to call card issuer’s customer care immediately. All banks provide a toll free no to call and block your credit card from further usages. This no is printed on the back side of your card, note it down and keep in your wallet. Contact them and ask to block your credit card transactions from immediate effect. You can also visit your Bank’s nearest branch office and ask them to block your card immediately.