Financial Global Forum

The average Indian shopper today is likely to have at least two credit cards in his wallet. In fact this number has been on the rise with banks and credit card companies sending free lifetime credit cards with -attractive features’ to anyone who they think fits the bill. These cards sometimes come as a -surprise gift’. p>

As a customer you have the choice to use the card or return it. If you receive a credit card, which you had not asked for you just need to cut it into two and send it back to the bank, declining the offer.

The more cards you have the more tempted you will be to avail the offers on each of them and at some point in time discipline could give way to reckless spending leading you into a maze of spiralling debt before you realise what hit you.

For a spender who is not disciplined in prompt repayments, debt can mount in accelerated proportions.

If you use your credit card extensively or even if you use it once in a while, it would be prudent to access your credit report from Cibil (Credit Information Bureau (India) Limited). You can manually access your credit report by placing a request with Cibil, details of which are available at www.cibil.com.

Though currently you can pay for this report through Cibil’s online payment gateway, you cannot access your credit report online as of now but this will be enabled in future. Once you make your

As many business owners are aware, fraudulent credit card charges results in millions of dollars in loss from businesses around the globe every single year. Owners of businesses are susceptible to these losses as the majority of transactions that are completed through the e-commerce platform are created using credit cards – and therefore increasing the chance of loss through credit card fraud.

Taking the time to implement a secured credit card bin numbers system to reduce credit card fraud through the verification of the transactions that are completed online can be an effective way to reduce charge backs and other fees that accrue when the merchant becomes a victim of credit card fraud.

How can the merchant use credit card bin numbers to protect their business?

Using credit card bin numbers databases, the merchant is able to increase the level of protection while completing credit card transactions through secure verification techniques that are performed each time that a credit card transaction is completed. Using the information available through the bin databases, the merchant is able to confirm the credit card number, type of credit card, issuing country and other information through the simple first six digits of the credit card number, referred to as the bank identification number.

E-businesses are able to use the information found through these database systems to confirm the validity of the credit card and therefore reduce the instance of credit card fraud that is going to cause the online business to take

Sometimes a debt piles up so high because of interest rates that a person’s monthly income becomes virtually nil and he finds that just this month’s salary isn’t enough to cover the

bases on his expenses. The most immediate course of action that a person can do is to opt for credit card debt help, in this case, credit card debt relief programs or to avail of credit

card debt counseling. The question, though, is why exactly should one opt for debt counseling?

This is just one step in the effort to reduce debt…and, possibly, virtual credit card debt elimination. This method seeks the help of a professional debt counselor, or a financial shrink, if

you will. What they will do is to negotiate with the credit card company with the aim to possibly alleviate you of your plight, in other words, reduce your credit card debt drastically to

levels payable with your money at the time. There are some who might tell you to avail of a debt consolidation program after they’ve assessed that it would somehow ease your

financial burdens and at the same time, facilitate credit card debt elimination.

Typically, you’d start off with basic money management…manage your finances properly, kind of like functioning as a kind of credit repair services thing…then they’ll help you out to

map a solid budget plan. The general idea is to not only help a person rise out of their current indebted situation but also to improve the way he or she manages

A credit card is just a credit card until you take all those flashy sign-up bonuses into account. Bonuses add new meaning to earning rewards. Consumers can’t wait to get them and credit card companies use them to differentiate their offerings.

Creditors claim to have it all; except debt repayment plans and reduced interest rates. They promise vacation getaways and large bonus cheques, but those rewards come with strings attached. Sign-up bonuses are just their newest ploy to get you to spend more money.

Once you’re lured by the potential rewards, creditors hope that you’ll carry over your balance and forget to cash in your bonus so they could slap you with high interest charges.

Fortunately, you can beat the system and capitalize on sign-up bonuses. It all starts with separating fact from fiction. So here are the top five myths surrounding credit card sign-up bonuses.

You’re getting something for nothing

Credit card companies spend a lot of money to earn your business. But the money they spend to offer those great sign-up bonuses are not acts of generosity; they’ll cost someone in the long run. It’s up to you to determine who pays.

For instance, there are spending requirements that you have to meet before you receive the bonus. If you rack up debt and carry over the balance, you’ll be forced to pay high interest charges. Depending on your balance and rate, your interest charges will pretty much exceed the cost of any bonus you receive. The only

A merchant credit card processing service is very easy to get started with. If your business travels all over the world, you will want to have a variety of ways to have people pay for your merchandise. You can set up an account online, use mobile processing, and even have your own web store. Just like in marketing, you want to have quality ways to attract new customers.

When you are first signing up for merchant credit card processing services, you will want to take it slow at first. You can eventually move into the mobile processing when you become more comfortable with using the web store. It is much easier to manage a web store than it is to manage a mobile phone store. The bigger screen and advanced processing really come into play here with your computer. Merchant credit card processing services are a great addition to any business that wants to move their company to the next level. If you are not already advertising your products on the web, you are really missing out.

The Internet was not a big deal for e-commerce a little while back. In today’s world, everybody does their shopping online. You can ask anyone and they will have bought something or know someone that has bought something on the web. It is becoming just as popular as fast-food restaurants. In order to stay above the competition though, you will want to make your payment options attractive. The best way to do that