Many times you will find that it requires a credit card to make an online transaction. If you want to make serious money from internet, you definitely need a credit card. It is difficult to get a credit card for many people. If you don’t have a credit card you can use a NetSafe card instead of a real credit card for online transactions. If you are from India, then HDFC bank has a facility called netsafe which will help you to make virtual credit cards using your debit card. All you need to do is open a bank account with HDFC bank. Then you need to register your debit card on bank website for one time, and you can generate a login id and password from the website.
The netsafe virtual credit card can be generated by logging onto the HDFC bank website and can be used at any online shopping website that accepts VISA/Mastercard. You can generate netsafe card for any amount of your choice and it is limited by your bank balance. The netsafe card will expire within 24 hours after it is created and netsfe card can be used for a single transaction only. You can use netsafe cards for paying amounts in any currency by converting the foreign currency amount to indian rupees using sites like xe.com. If you are going to use it on sites that are charging the amount in US dollar, convert the dollar amount to rupees using the current exchange rate and use slightly higher amount than the calculated amount. If the netsafe card limit you created is lower than the amount required for the transaction, the transaction will not be done. That is the reason why you should create the card for a slightly higher amount. You will be charged only the actual amount. Any unused amount from the netsafe card will be credited back to your credit/debit card account. The risk exposure on the netsafe card is limited to your self-chosen limit.
I am using netsafe card for online transactions for more than one year. I have used it for paying my broadband bill, domain registration, and on very popular websites like eBay, ClickBank and everywhere that need a credit card. I have also used netsafe card for verifying paypal account. To verify paypal generate a netsafe card for Rs 100 and add it to paypal. To get the paypal verification code, login to netsafe and go to go to the “All Accounts/Services ” . After that click on “TXN Details”. The transaction description will be shown like ” 1723PAYPAL – - *EXPUSE 4585962536 “. The numbers will be different for each transaction. The first four digits before payapl is the paypal verification code.
The disadvantage of the nesafe card is you can’t use for recurring transactions like monthly subscription. However you can pay the amount for a monthly subscription in advance such as 6 months payment in a single transaction.
The netsafe virtual credit card can be generated by logging onto the HDFC bank website and can be used at any online shopping website that accepts VISA/Mastercard. You can generate netsafe card for any amount of your choice and it is limited by your bank balance. The netsafe card will expire within 24 hours after it is created and netsfe card can be used for a single transaction only. You can use netsafe cards for paying amounts in any currency by converting the foreign currency amount to indian rupees using sites like xe.com. If you are going to use it on sites that are charging the amount in US dollar, convert the dollar amount to rupees using the current exchange rate and use slightly higher amount than the calculated amount. If the netsafe card limit you created is lower than the amount required for the transaction, the transaction will not be done. That is the reason why you should create the card for a slightly higher amount. You will be charged only the actual amount. Any unused amount from the netsafe card will be credited back to your credit/debit card account. The risk exposure on the netsafe card is limited to your self-chosen limit.
I am using netsafe card for online transactions for more than one year. I have used it for paying my broadband bill, domain registration, and on very popular websites like eBay, ClickBank and everywhere that need a credit card. I have also used netsafe card for verifying paypal account. To verify paypal generate a netsafe card for Rs 100 and add it to paypal. To get the paypal verification code, login to netsafe and go to go to the “All Accounts/Services ” . After that click on “TXN Details”. The transaction description will be shown like ” 1723PAYPAL – - *EXPUSE 4585962536 “. The numbers will be different for each transaction. The first four digits before payapl is the paypal verification code.
The disadvantage of the nesafe card is you can’t use for recurring transactions like monthly subscription. However you can pay the amount for a monthly subscription in advance such as 6 months payment in a single transaction.
Posts
0 comments:
Post a Comment