harsh62 said:
Hi Everyone,
I have a query regarding Credit Card Payment.
I have a CITI Bank Credit Card where after a certain threshold value of a transaction, the bank sends One Time Password on the Mobile to verify the authenticity of the transaction.
Now my concern is whether CIC will be able to charge me without this OTP authentication.
Seniors your inputs will really help.
Regards
Harsh
Hi there,
While DD is deemed ass the most secure mode of payment, Credit card is a bit faster than DD and also we get an instant notification of fee payment while using credit card.
Please make sure the below if you are opting credit card as a mode of payment
1. make sure that your daily transaction limit is higher than the total fee
2. Notify your bank about the possibility of the transaction. Make sure that they wont block/reject it automatically
3. CIC doesn't seems to be in in need of an OTP/Pin number to perform the transaction as confirmed in this forum by others in the past. Please have a look at the 3rd query in the below link
http://fswp2013.wordpress.com/faqs/