I tried to recharge my FastTag account recently through Paytm app. Decided to make payment through a credit card. My credit card was already saved/tokenized on the app and hence did not have to enter the credit card details. That’s expected and quite convenient too. However, I was not asked to enter CVV either. The… Continue Reading
Here’s another case of identity theft. The victim was a finfluencer and he narrated his ordeal lucidly in a Twitter thread. You can go through the Twitter thread for a detailed account — https://x.com/b50/status/1796784315990491526 Here is the TLDR version: He started getting calls from recovery agents. Checked CIBIL report which showed a digital loan. Had… Continue Reading
Convenience is important. However, many a times, we take it too far. Recently, I read you can use Rupay cards (debit/credit/prepaid) to make online payments without having to enter CVV. And if you have auto-read OTP feature enabled on your phone, the purchase becomes a breeze. So, you are on the Amazon/Flipkart app, you add… Continue Reading
All of us are worried about any fraudulent activity on our credit cards. Obviously, nobody wants to pay for what they have not spent. While there is need to exercise caution, there is no need for paranoia about credit card transactions. The credit cards come with various security measures. Additionally, the Reserve Bank of India… Continue Reading
Have you received messages from your bank that the standing instructions on your credit card will not be honoured from April 1, 2021? And that you must make payments to the service providers/merchants directly. Thus, if you have automated your payments to streaming service providers (Netflix, Disney Hotstar, Sony Liv etc) or for utility payments… Continue Reading