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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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FinFIRST Blogs
Technology has revolutionized the way we make payments, eliminating the need to carry bulky wallets. Nowadays you can swiftly and conveniently purchase goods with contactless credit cards - no more taking out cash or handing in card details!
With just one tap of your plastic companion, you can make payments at physical outlets quickly and securely. In this article let’s explore the advantages of contactless credit cards and what makes it such an indispensable asset for every shopper's pocket.
Enhanced security
If you are concerned about the security of your personal information when paying with a credit card, put an end to your worries. A contactless payment method is secure, and there is no chance of anyone cloning or stealing its information. Since you do not put the information anywhere nor swipe the card, it eliminates the possibility of anyone cloning your card.
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Fast and convenient payment process
You can enjoy a smooth and convenient payment process with a contactless card. There is no need to provide any PIN or CVV details. All you have to do is tap and go. This means quicker payments and shorter queues.
Loyalty rewards
Several stores and restaurants have loyalty programs that are synced with the credit cards you use. For example, IDFC FIRST Bank Select Credit Card offers instant rewards through points across 300+ merchants. When you make a purchase, the store will automatically add loyalty points or confer discounts at the time of payment. These points do not expire, and you can redeem them whenever you like. So, the more you use the card, the more you will earn in the form of loyalty benefits.
Conclusion
Whether it is the speed of transactions or ease of use, one thing is certain: contactless credit cards make everyday purchases quicker and more convenient. Given the range of benefits they offer; it is not surprising to see the growing popularity of such cards across the country.
If you are an IDFC FIRST Bank customer, you can enjoy secure transactions through the SafePay app and make contactless credit card payments with ease. All you have to do is link your card to the mobile banking app and start shopping. Bring your smartphone close to the near-field communication (NFC)-enabled terminal, and your payment will happen seamlessly.
Yes, it’s that simple. You can simply wave or pay-and-go to enjoy touch-free and convenient payment processes!
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.
