Hello,
Visa-and Master Card are associations of banks, which deal in credit cards.
Bank credit cards are a type of consumer loan, revolving in nature, i.e.
automatically
renewing itself, within specific limits. The holder has the option to
utilize it in part or full depending upon his needs. The credit so availed
has to be paid within a period and with repayment the limit gets renewed
automatically.
Value cards, also known as prepaid cards or value added cards. These cards
either have a magnetic stripe or a computer chip in which the 'value is
stored', which is available to the holder for access primarily at retail
location. The consumer pays a bank or the provider of the card for the card
loaded with the value. The consumer takes the card to the various locations
and makes purchases. In payment he inserts the card into the POS terminal,
and if necessary, enters the personal identification number (PIN). Funds are
directly debited from the cards and transferred to the vendor's terminal.
Merchant then can transfer the value accumulated to their bank account by
remote login as frequently as they choose.
Easy card is a simple debit card or ATM card.
Hope it serves the purpose.
Thanks.
Kamal Verma
----- Original Message -----
From: "Subramani L" <lsubram...@deccanherald.co.in>
To: <accessindia@accessindia.org.in>
Sent: Tuesday, November 10, 2009 9:59 PM
Subject: Re: [AI] (no subject)
These are different ategory of cards.
Subramani
-----Original Message-----
From: accessindia-boun...@accessindia.org.in
[mailto:accessindia-boun...@accessindia.org.in] On Behalf Of labhendra
mhatre
Sent: Tuesday, November 10, 2009 9:26 PM
To: accessindia@accessindia.org.in
Subject: [AI] (no subject)
hellow accessindians,
what is difference between easy card, master card and value card ?
--
Dr. Labhendra Mhatre.
..
+91 9819918844
To unsubscribe send a message to accessindia-requ...@accessindia.org.in
with the subject unsubscribe.
To change your subscription to digest mode or make any other changes,
please visit the list home page at
http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.i
n
Email secured by TPML Raksha Checkpoint
To unsubscribe send a message to accessindia-requ...@accessindia.org.in
with the subject unsubscribe.
To change your subscription to digest mode or make any other changes,
please visit the list home page at
http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
----- Original Message -----
From: "labhendra mhatre" <dr.labhen...@gmail.com>
To: <accessindia@accessindia.org.in>
Sent: Tuesday, November 10, 2009 9:25 PM
Subject: [AI] (no subject)
hellow accessindians,
what is difference between easy card, master card and value card ?
--
Dr. Labhendra Mhatre.
..
+91 9819918844
To unsubscribe send a message to accessindia-requ...@accessindia.org.in
with the subject unsubscribe.
To change your subscription to digest mode or make any other changes,
please visit the list home page at
http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
DISCLAIMER:
The Information transmitted in this email is solely for the addressee. It is confidential and may be legally privileged. Access to this email by anyone else is unauthorized. Any disclosure, copying, distribution or any action taken by anyone other than by the intended recipient is prohibited and may be unlawful. If you are not the intended recipient then kindly delete the mail from your system. Any opinion or views expressed in this mail may not necessarily reflect that of Punjab National Bank. The bank considers unencrypted email as an insecure mode of communication.
To unsubscribe send a message to accessindia-requ...@accessindia.org.in with
the subject unsubscribe.
To change your subscription to digest mode or make any other changes, please
visit the list home page at
http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
