If your debit card or credit card is lost or lost, it should be blocked immediately, otherwise anyone can misuse it and withdraw your money.
New Delhi. In the current era, the trend of credit card has become common. You can also take advantage of some rewards and cashback offers when shopping through this. Not only can you get back some of the money you paid for, but you can also redeem them later for tickets, vouchers, etc. Even if we do not have cash, through this we buy our favorite thing. However, if you make a small mistake, you can suffer a big loss.
If your debit card or credit card is lost or lost, it should be blocked immediately, otherwise anyone can misuse it and withdraw your money. Cards with contactless technology do not require a PIN.
The card is also blocked through SMS,
if you have lost or stolen the credit card, then you can block the card in many ways. Do you know that you can also block your card through an SMS. Please tell that to block the card, you have to SMS to 5676791 by writing BLOCK and the last 4 digits of the card.
For payment of up to Rs 5000 with a contactless card, PIN is not necessary to
state that the facility of ‘Tap and Pay’ is also available in the card equipped with contactless technology i.e. without swiping the card, payment can be made by simply tapping on the POS machine. . With a contactless card, you can pay up to Rs 5000 without entering a PIN.