Online Recharge via Debit Card

A debit card is also known as ATM card and refers to a plastic card that enables card holders to carry financial transactions using the card. Debit cards offers card holders electronic access to his/her bank account. Online debit cards need electronic authorization of every transaction and changes are reflected in the card holder’s bank account immediately. On-line debit systems employs normal authentication processes of net banking for providing provide real-time on-line debit transactions.

Steps for Online recharge via Debit Card

· You should ensure that the site is genuine and secure before making any payments online. With the advent of HTTPS and SSL technologies, online transactions have become safer and secure than ever before.

· As a card holder, you need to select the amount of recharge and select the option for payment via debit card on the company website.

· After selecting Visa Debit Card as a payment option, you should see the options which ask for your Visa Debit card number and expiration date. You should complete these fields with correct and accurate details. The debit card number is printed on both sides of the card and expiration date is located below that number.

· You should enter the security code in the “Security Code” field. This option is not available for all the sites however some sites may ask for it. It is a three-digit number next to the debit card number on the back of the card.

· After entering and verifying all the required details, you can press the “Submit” button. In some cases, you would be asked to confirm your information. You can confirm the details of your transaction and click “Submit” to process your card.

· You should note down the confirmation number provided by the site after the processing of your debit card.

Benefits of Online Recharge via Debit Card

(1) Cost Effective: Online Recharge via Debit Card is cost effective for customers and the companies. Companies are required to employ less staff and keep fewer customer care offices as there is very less involvement in this process by salaried employees. It greatly reduces the work load of companies. Customers make savings in terms of time and money spent on going to dealers or withdrawing money from Bank or ATM, etc.

(2) Instant Recharge: Online Recharge via Debit Card allows the customer to do instant recharge using his/her debit card. Moreover, customers will also receive confirmation status of their recharge over the phone via SMS or by email. Thus, one can recharge their prepaid account by sitting comfortably in home with few clicks on PC or laptop.

(3) Easy to use: Online recharge via Debit Card is quite easy to use. Customers are not required to remember any login ID or password. They can complete the entire transaction by submitting the details mentioned on the Debit card such as Debit card Number, expiration date and 3 digits security code. Customers can also find the detailed guidelines on the websites of the bank for doing Online Recharge via debit card.

Online recharge via Credit Card

A Credit card is a small plastic card that is issued to bank customers for using it for the purpose of making payments. It enables the card holder to purchase goods and services on the basis of card holder’s promise that he/she will repay the amount back within specified number of days. A credit card is different from debit card which requires balance in the account for doing recharge or making payments. In contrast, credit cards allow the consumers to recharge account online by a continuing balance of debt which is subject to interest being charged.

Steps for Online recharge via Credit Card

· You should ensure that the site is genuine and secure before making any payments online. With the advent of HTTPS and SSL technologies, online transactions have become safer and secure than ever before.

· As a card holder, you need to select the amount of recharge and select the option for payment via Credit card on the company website.

· After selecting Credit Card as a payment option, you should see the options which ask for your credit card number and expiration date. You should complete these fields with correct and accurate details. The Credit card number is printed on both sides of the card and expiration date is located below that number.

· You should enter the security code in the “Security Code” field. This option is not available for all the sites however some sites may ask for it. It is a three-digit number next to the credit card number on the back of the card.

· After entering and verifying all the required details, you can press the “Submit” button. In some cases, you would be asked to confirm your information. You can confirm the details of your transaction and click “Submit” to process your card.

· You should note down the confirmation number provided by the site after the processing of your credit card.

Benefits of Online Recharge via Credit Card

(1) Secure and Safe: Credit Card transaction over the internet are secure with efficient security measures for ensuring the maximum safety of customer account and its transactions. It includes encryption codes and firewalls for effective protection against suspicious attacks.

(2) Instant Recharge: Online Recharge via Credit Card allows the customer to do instant recharge using his/her Credit card. Moreover, customers will also receive confirmation status of their recharge over the phone via SMS or by email. Thus, one can recharge their prepaid account by sitting comfortably in home with few clicks on PC or laptop.

(3) Easy to use: Online recharge via Credit Card is quite easy to use. Customers are not required to remember any login ID or password. They can complete the entire transaction by submitting the details mentioned on the Credit card such as Credit card Number, expiration date and 3 digits security code. Customers can also find the detailed guidelines on the websites of the bank for doing Online Recharge via Credit card.

Online Recharge via Net Banking

Online banking or Net Banking refers to the financial transactions conducted by customers on a secure website operated by bank, credit union or building society. Online Recharge via Internet banking offers wide array of benefits for customers as well as companies. The extended reach of the internet in the remote villages of country has enhanced the accessibility of the internet to the villages and they can now enjoy online recharge via netbanking.

There has been increase in the number of prepaid customers using Online recharge facility via Netbanking. This feature has changed the way people recharge prepaid account in India. It has render life easier and stress free.

Some of the benefits offered by Online recharge via Net Banking are as follows:

(1) Easy to use: Online recharge via Net Banking facility is quite easy to use. Customer only needs to know the process of using Netbanking for making payments. Consumer should know how to use internet for accessing the bank site and login to online bank account using secure ID and Password provided by the bank. Consumers can avail the netbanking facility by submitting a simple form at the bank branch or any outlet along with photo and signature for verification. Customer has to remember username and password for login to the site. Customers can find the detailed guidelines on the websites of the bank for doing Online Recharge via netbanking.

(2) Cost Effective: Online Recharge via Netbanking is cost effective for customers and the companies. Companies are required to employ less staff and keep fewer customer care offices as there is very less involvement in this process by salaried employees. It greatly reduces the work load of companies. Customers make savings in terms of time and money spent on going to dealers or withdrawing money from Bank or ATM, etc.

(3) Instant Recharge: Online Recharge via Netbanking allows the customers to do instant recharge using netbanking. Moreover, customers will also receive confirmation status of their recharge over the phone via SMS or by email. Thus, one can recharge their prepaid account by sitting comfortably in home with few clicks on PC or laptop.

(4) Choose desired denomination for recharge: Online recharge via netbanking allows the customers to select their desired denomination for recharge from lowest possible amount to highest permissible amount as allowed by the companies.

(5) Secure and Safe: Netbanking feature comes packed with efficient security measures for ensuring the maximum safety of customer account and its transactions. It includes encryption codes and firewalls for effective protection against suspicious attacks.

(5) Easy monitoring: Online Recharge via Netbanking allows the customer to easily monitor their account balance before recharging their account. Customer can easily monitor all the transactions and check their status.

(6) Account reconciliation: Online Recharge via Netbanking enables the customers to reconcile their account balance by using monthly statements. Consumers can easily download their bank account information into Microsoft Money for easy reconciliation of account with few mouse clicks. The online data capture also makes it easy for tracking the money movement.

Growing Trend of Online Recharge

The advent of new technologies has changed the lifestyle of people and they have become tech savvy. One factor that has brought revolutionary change in the people’s life is Internet and Online transactions. In fact, online shopping has made its reach in almost all spheres of life. Consumers have realized the power of online transactions and the convenience of getting things done at their doorsteps. Online Recharge is one such form of online transaction whose usage has increased rapidly in recent times.

Online recharge of prepaid account has made it possible for the customers to recharge their account from the comfort of their homes. The process of online prepaid recharge is completely automated and this new concept allows the users to complete online recharge using Net banking /Credit Card /Debit Card payments. The recharging websites are highly secure for carrying online transactions. Moreover, the process itself is very convenient and hassle free for the customers.

Online recharge is a form of e-commerce which allows the customers to recharge prepaid account online via the website of the telecom operator or through third party online recharging websites. The wide range of benefits that come with online recharge has made it highly popular among the masses. The trend of online recharge is growing sharply as a result of increase in the population of internet savvy consumers.

Majority of the consumers go for online recharge for a faster and efficient recharging experience. Online recharge comes packed with many advantages and is more convenient than any other recharging options available. Online recharge can be done anytime 24×7 and from anywhere.

There are many companies who have started online recharge facility as a value added service for the consumers. It assists them in staying competitive in business race. Apart from offering many benefits, there are some disadvantages of online recharge which includes fraud and hidden costs. Consumers should be aware of doing Online recharge from secure sites only. They should also learn about the various security methods adopted by the recharging websites to keep their transactions safe and secure.

With growing popularity of online transaction, online recharge of mobile or Dth prepaid accounts is catching up. Customer can recharge prepaid mobile account, do top up, recharge DTH account, and get SMS pack activated online just with a few simple clicks. There is sharp increase in number of online recharging websites which offer online recharging services that covers almost all the telecom operators.

Online recharge has does away with the cumbersome process of mobile recharge via dealers. One can save his time, money and energy by doing recharge with few simple clicks with mouse. Consumers can enjoy instant recharge with balance reflecting in account immediately. There are many options available as per the convenience of customers for online recharge including prepaid auto debit service, credit card, debit card or net banking.

The emerging trend of Online recharge has changed the way people do recharge of their prepaid accounts. The future of Online recharge seems bright with more and more companies are focussing on better online recharge facility as a part of improving their customer service.