In the current years, performing contactless payment through credit cards have garnered immense popularity. Owing to technological advancements and the introduction of digitalisation, contactless payments have considerably changed the manner we perform financial transactions now. Explored here are why you must consider paying through credit cards in a contactless manner.
Speed
Contactless payments enable faster transactions, reducing waiting times at checkout counters, especially in crowded places.
Convenience
Contactless payments offer a hassle-free and swift payment experience, eliminating the need for physical cash or traditional card swiping.
Enhanced security
Contactless payments incorporate multiple layers of security measures, reducing the risk of fraud and unauthorised transactions.
Hygiene and safety
Contactless payments through credit cards promote a hygienic transaction experience by minimising physical contact, which has become crucial, especially now as we have undergone and recovered from the phase of the deadly COVID-19 pandemic. This phase was such that taught the importance to conduct contactless payments.
Lower risk of loss or theft
Since contactless payments eliminate the need for physical card handling, the risk of losing or misplacing the card is significantly reduced.
Wider acceptance
Contactless payments are gaining widespread acceptance across various sectors, including retail, hospitality, transportation, and online platforms.
Rewards and benefits
Many credit cards, including HDFC cards, offer attractive rewards programs and cashback offers, making contactless payments even more appealing.
Seamless online shopping
Contactless payments extend to online platforms, enabling users to make secure and swift transactions without manually entering card details.
Budget management
Contactless payments provide users with detailed transaction records, enabling them to track their expenses more effectively.
Contactless public transport
Several Indian cities are adopting contactless payment systems for public transportation, offering commuters a seamless and cashless experience.
Financial flexibility
Contactless payments provide users with instant access to credit, allowing them to make necessary purchases even when they are short on cash.
Reduction of paper currency
Contactless payments contribute to the government’s vision of a less-cash economy by reducing reliance on physical currency.
Empowering small businesses
Contactless payments enable small businesses to accept digital payments without expensive infrastructure or equipment.
Increased financial inclusion
Contactless payments provide individuals who may not have access to traditional banking services with a secure and convenient payment solution.
Reduced transaction costs
Contactless payments minimise the need for physical cash handling and manual entry, resulting in reduced transaction costs for businesses.
Foreign travel convenience
Contactless payments are widely accepted internationally, making it convenient for Indian travelers to make purchases abroad.
Environmentally friendly
Contactless payments reduce the reliance on paper receipts and contribute to a greener and more sustainable environment.
Emergency cash advance
Contactless credit cards offer the option of emergency cash withdrawal in case of unforeseen circumstances.
Insurance coverage
Many credit cards, including HDFC cards, provide insurance coverage for various aspects, such as travel, medical emergencies, and purchase protection.
Credit score improvement
Consistent and responsible usage of contactless credit cards can positively impact an individual’s credit score.
Easy bill payments
Contactless credit cards allow users to conveniently settle utility bills, insurance premiums, and other recurring payments.
24×7 customer support
HDFC credit cards provide round-the-clock customer support, assisting cardholders with any queries or concerns they may have.
E-commerce security
Contactless payments offer enhanced security measures for online transactions, reducing the risk of data breaches and fraud.
Financial discipline
Contactless payments promote financial discipline by encouraging individuals to keep track of their expenses and spend responsibly.
Access to premium services
HDFC credit cards offer exclusive access to premium services, including airport lounges, concierge services, and dining privileges.
Cashback and rewards redemption
HDFC credit cardholders can accumulate reward points through contactless payments and redeem them for a variety of products and services.
Personalised offers
HDFC credit cards provide personalised offers and discounts based on an individual’s spending patterns and preferences.
Transparent transaction history
Contactless payments provide users with a transparent and easily accessible transaction history, aiding in financial planning and tax filing.
Contactless EMIs
Contactless payments provide the option to make easy and convenient Equated Monthly Installments (EMIs) for larger purchases, making them more affordable.
Contactless charity donations
Contactless payments make it easier for individuals to contribute to charitable causes by enabling quick and secure donations.
Contactless instalment plans
Some credit cards offer contactless instalment plans, allowing users to convert their high-value purchases into affordable monthly instalments.
Enhanced financial control
Contactless payments allow individuals to review their transactions in real time, enabling better financial decision-making and reducing the chances of overspending.
Contactless fuel payments
Many fuel stations now accept contactless payments, providing a faster and more convenient way to pay for fuel without the hassle of cash transactions.
Contactless transit cards
In addition to credit cards, contactless payment technology is also integrated into transit cards, allowing commuters to easily pay for bus and metro fares.
Contactless mobile wallets
Contactless payments can be made through mobile wallet apps, offering an additional layer of convenience and versatility for users.
Contactless hotel check-ins
Some hotels allow guests to make contactless payments during check-in, streamlining the process and minimising physical contact.
Contactless loyalty programs
Credit cards with contactless payment capabilities often provide integration with loyalty programs, allowing users to earn and redeem rewards seamlessly.
Contactless education fees
Educational institutions are embracing contactless payments for tuition fees, making it convenient for parents and students to settle educational expenses securely.
Contactless dining experiences
Restaurants and cafes are adopting contactless payment methods, enabling customers to pay their bills without handing over their credit cards.
Summary
Contactless payments using credit cards, such as the HDFC lifetime free credit card, have revolutionised the Indian payment landscape. They offer unparalleled convenience, enhanced security, and a host of benefits for individuals and businesses alike. From everyday purchases to travel expenses and utility bills, contactless payments provide a seamless and efficient way to transact in various contexts.
With further technological growth and advancement, contactless transactions will undoubtedly capture the market and play a crucial role in moulding the financial transaction landscape in India and beyond, making our lives safer, easier, and more digitally connected. Also, note that in the case you have placed an HDFC credit card but wondering by when will you get the card’s delivery, then you can consider looking up the HDFC credit card status. This is an option available on the HDFC bank’s authentic website.
