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Credit card online payment: Here’s all you need to know

The Digital India initiative launched in 2015 aimed at transforming the country into a digitally empowered economy. Successfully so, significant changes have been brought in different public and private sectors, thus improving transparency. According to reports, there was a substantial upsurge in electronic transactions in India, which touched around 6.95 billion in the same year this initiative was implemented. 

As digitization has critically affected the financial sector’s operations, one of the prominent benefits individuals can look forward to is the eased payment of financial liabilities, including online credit card payment. One can thus opt for a suitable method to pay his/her credit card bill online, which is explained in detail as under.

The process of paying credit card bill online

There are a few convenient ways in which one can make such payment online, which not only help save time but also ensure convenience and transparency. Cardholders generally receive their credit card statements at the end of every billing cycle, whereby the payment due date and the outstanding balance is mentioned. 

Along with that, you should also know how to check your card statement correctly in order to avoid unnecessary charges later.

Following are the ways in which you can make online credit card payment:

  • Net banking

The advent of the internet has made financing easier with several online portals to apply for a credit card and even make use of mobile applications for bill payment. Net banking is one such a convenient way to pay credit card bills online.

You simply need to follow a few steps that include registering your card as the payee in your existing bank account and make payment with a simple login. To do so, you need to provide your login credentials at the financial institution’s personal banking login page. Proceed to choose your credit card as the payee and complete your online credit card payment

  • Auto debit facility

To avail of this facility, a savings account will be required to register and make the payment easily. This facility is more convenient to complete since the bill amount gets deducted from your savings account directly on the set date of every month. This way, you can complete your timely credit card bill payment without worrying about your bill due dates every month. 

  • Mobile payment platforms

As mentioned earlier, with the technological developments, everything can be completed from the comfort of your home, from paying bills to getting a loan sanctioned. One can thus opt for dedicated mobile wallets as well to make a bill payment. You can thus link your savings account with the wallet and make online credit card payments conveniently. 

Alternatively, you can simply enter your credit card details to make the online credit card payment with such an app. 

Credit cards have over time served as handy financial tools in completing transactions. The primary reason to opt for a credit card has thus been to avail of an immediate funding solution to meet daily expenses. With advanced card options that provide attractive offers and incentives, keeping up with the expenses has further become easier. For instance, the Bajaj Finserv RBL Bank SuperCard comes with innovative features to take care of your everyday cash needs. 

Along with that, the card provider has also made financing hassle-free and time-efficient with their pre-approved offers. Several financial products like credit cards, business loans, personal loans, etc. come with these offers. You can check your pre-approved offer by submitting basic details such as your name and contact number. 

Apart from the online bill payment facility, one should know some other important things before applying for a credit card. Details like billing cycle, payment due date, etc. mentioned in a credit card statement play a vital role in maintaining your credit card properly, thus helping enhance your credit score. 

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