The credit cards in India are widely used

Visa is slightly more common, but both Visa and MasterCard are very common and there is basically no difference. India has just imitated our Unionpay and created its own credit card system, but it is not very universal.

Travel abroad-India-Buy train tickets online with credit card

Cash:

Advantages: simple and direct, no handling fees.

The State Administration of Foreign Exchange stipulates that a "Foreign Currency Carrying Permit" must be issued when carrying cash equivalent to or exceeding US$2,000 abroad. To issue a portability permit worth US$2,000-4,000, you need to provide the original and photocopy of your passport and visa, which can be processed by all major commercial banks (some banks may require deposit receipts or passbooks of the corresponding amount). If you hide extra cash on your body or in your luggage, it will be confiscated and you will have to pay a fine if detected by customs. If you put it in your luggage and it is lost, you cannot claim compensation. Therefore, it is recommended that if the cash you carry exceeds the limit, go to the bank to get a carrying permit. The fee for carrying the permit is very low, and some banks do not charge any fee.

Bank draft

Advantages: reliable, low handling fee.

Disadvantages: relatively cumbersome and not widely used. Bank draft has its own characteristics: it is generally issued by a foreign exchange bank that handles international business. It has reliable credit and low fees. Generally, banks only charge a few thousandths of a handling fee. However, its disadvantage is that it must be handled through banks, and the procedures are relatively cumbersome. When abroad, it is not easily accepted directly in hotels and catering industries, which is not convenient enough for tourists.

Travelers' Checks

Advantages: You can enjoy a variety of services.

Disadvantages: more complicated than cash and requires a certain handling fee.

International Credit Card

Cash deposit and withdrawal functions - Cardholders can deposit and withdraw cash at ICBC foreign currency savings outlets across the country, and can also deposit and withdraw cash overseas with VISA or MASTER stickers Withdraw cash from ATMs with the logo;

Transfer function--according to the regulations of the card issuing bank, cardholders can deposit funds through transfer from other domestic banks or overseas ICBC agent banks;

One Dual Currency Card - the cardholder's domestic consumption is billed in RMB, and the foreign consumption is billed in US dollars;

Overdraft consumption - within the credit limit, the cardholder can use the credit card to make special purchases at domestic ICBC Overdraft consumption at merchants or 15 million overseas VISA and MASTER special merchants;

Interest-free repayment--cardholders can enjoy an interest-free repayment period of 25 to 60 days for their purchases;

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Online shopping--cardholders can purchase online on INTER after applying to the card-issuing bank;

Global services--a 24-hour service hotline is set up at the domestic ICBC to provide We provide all-round consulting services and have VISA and MASTER emergency service centers in many countries around the world. Cardholders can enjoy emergency services such as re-issuance of credit cards and emergency cash withdrawals. VISA is suitable for Southeast Asian countries, and MASTER is suitable for European and American countries.

In addition, group purchasing of products on virtual machines is super cheap

What payment method do Indians prefer to use for online shopping?

Common payments in India include:

1. Debit card\deposit card, credit card

2. Online banking

3. UPI interface

4. Mobile payment, such as Paytm, BHIM

5. Cash on delivery (COD)

However, feedback from foreign trade merchants who access Payssion , most Indians still use Paytm and UPI for online shopping

What bank card do Chinese people use in India

Hello

Usually they use credit cards

There seems to be an ICBC in India, but it is only in the banking capital

If you are in a small place, you should use a credit card

Please adopt if you are satisfied

Thank you

Is it cost-effective to use a credit card in Indonesia?

It is cost-effective. It’s a good deal to use a credit card in Indonesia.

Indonesian consumers like to pay with credit cards, and credit cards are the preferred method for Indonesian consumers. A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back.

Can I use a credit card when I go to India?

Can I use a credit card when I go to India? But it depends on what type of credit card it is.

Whether a credit card can be used abroad depends on which organization's cards are supported by foreign credit card machines and cash machines. Credit cards with the UnionPay logo are used in China. You can use them as long as you find the corresponding UnionPay card swiping machine abroad. You can look at the name of the issuing organization on the credit card and go to a place with a corresponding POS machine to swipe it.

For example: for Chinese UnionPay cards, when going abroad, you must find a POS machine with the UnionPay logo. When applying for a card, you must apply for an international credit card with the Visa or Master logo, a credit card used to pay in foreign currencies, and instruct the teller to enable the international payment function. After receiving the credit card, you still need to open the card. After opening the card, call customer service to inquire whether you can pay in foreign currency before you can use it to pay expenses abroad.

When using the above-mentioned credit cards abroad, you do not need to open additional services. You only need to find the corresponding POS machine. Another way is to choose a credit card in your local currency. The advantage of this is that you avoid currency conversion fees, and most banks waive currency converters for the same currency.

1. When applying for a credit card, you must activate the international online payment function;

2. Some banks, such as Bank of Communications and China Merchants Bank, need to first conduct visa verification services or personalized information verification with the bank. If you apply for this card, you need to verify it in advance;

3. Please make sure that the foreign currency limit of the card cannot be less than the amount swiped. In addition, some banks need to deposit foreign currency enough to swipe the card, and it takes 24 hours to arrive.

4. If you use your parents’ card, you can use your parents’ card to open a supplementary card in your name. The main card account will also be recorded in the bill, making it easier to distinguish transactions.

International credit card processing methods:

1. Handling at an outlet: Some high-end international credit cards, such as platinum cards, must be processed at the counter of the issuing bank's business outlet.

2. Online application: Some international credit cards support online application. You only need to log in to the official credit card website of the issuing bank, select the credit card, fill in the application form online and submit it.

This is the end of the introduction about why India uses credit cards and whether Indians keep their word. I wonder if you found the information you need?