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September 17, 2007

Now use your credit card where you are, or may go


Imagine you went to a restaurant, ordered your food and drink, had it, and swiped your own card at a machine embedded into the table, which would show you your bill, and every other detail.

Or you want to buy that dream gadget you saw on the Internet, while travelling between Delhi and Mumbai, miles away from any credit card machine. You can just punch in a code on your mobile, choose a credit card number already saved in the phone, and make a purchase right there. Sounds like science fiction doesn't it? But these super cool ways of spending are soon going to greet India's 30 million-strong credit card holders, say credit card companies.

Banks and credit card companies are falling over each other to capture the credit card users who spend close to Rs 4,000 crore every month.

Read more at: Now use your credit card where you are, or may go

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