SBI = State Bank of India, India’s largest provider of Banking and Financial Services both in terms of footprint and market share. VISA = VISA is a financial services company that operates in multiple countries. It is a card scheme essentially it acts a middlemen that allows financial transactions to happen and for your card to work on any payment gateway or point of sale terminal. It also manages any disputes that may happen as a result of fraudulent financial transactions. Paywave = This is Visa’s name for Near Field Communication or Contactless Cards. These cards do not need to be swiped or inserted like traditional cards and can be just tapped akin to a metro card. You do not need to enter a PIN for upto Rs. 2000. The benefit of this is transactions as quick as tapping your metro card and entering the station. Debit Card = Debit Cards are cards that debit your primary account with the Bank. Often called ATM cards (though they need not be). Unlike credit cards, you can ha...

Each and everyday people are stooping towards online buying and selling. In order to do so people need to have either a debit or credit card. After launching Jan Dhan Yojana it will be very hard to find a family which does not have a bank account with debit card. Getting a credit card is not easy for everyone so most people chose to have a international debit card instead of credit card. Hope you know the basic difference between debit card and credit card. SBI which is a leading bank in India offer both debit and credit card. It is seen that SBI gives most people international debit card. With the global reach people now try to buy from international sites like Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more Google Alibaba Itunes etc. but when Indian people having SBI debit card try to buy something from such international sites their payments are not accepted. When that happen they thought getting a SBI international debit card is nothing but a wa...