Axis Bank e-Wallet Card Review and Features

If you are still skeptical or fearful in using your credit card or debit card online, don’t worry you are not alone as almost 50 to 75% of Indians feel the same when it comes using their cards online for online purchase and transactions.  Although there are a whole lot of protection and security features that have been introduced by RBI and credit card banks, it is still not so worthy to make us use our personal info and cards online even if the website we are using is credible and has highest of security.

 

Axis Bank e-Wallet Card

And for those who are very hesitant in using their credit card or debit card online, here is good news and it is in the form of Axis Bank e-Wallet Card.  It is nothing but just like your credit or debit card but it can be used only online and is virtual and can be used only for the amount we specify as the limit of usage.  This could just be one of the safest card to use online, as far as India is concerned.

 

Features

• No need to give your original credit card or debit card number when shopping online


• Have the option of setting the limit of a minimum of Rs. 10 to a maximum of Rs. 50,000 in a single card depending upon your usage per card


• Valid only for the 48 hours of creation and hence the chances of misuse is minimized


• Partial usage in a card is allowed and balance will be added back to your account

 

How to Use e-Wallet Card

For using the e-Wallet Card you will need to have a Axis Bank Account with a proper debit card and an internet banking login and password.  Once you have logged into your Axis Bank Netbanking account just select the e-Wallet Cards menu and create a new ewallet card and set the limit of that card.  The amount will be transferred from your account.  And after that set a Verify By Visa Password for that particular e-Wallet card.  Finally enter the transaction password and netsecure code to confirm your creation of e wallet card.

 

Use at Online Shopping

After creating your Axis e-Wallet Card then visit the online web portal or online shopping site that you wish to shop and use your card for purchase.  Just select the products and go through all the formalities and reach the shopping cart where it asks for the card information.  Just enter the 16 digit e-wallet card number, expiry date, name and finally the CVV2 number. And finally enter the Verify By Visa (VBV) password to confirm your order and that’s it, you are done with your online shopping using your one of the most secure and safe card to use online.

 

You can create as many Axis Bank ewallet Card from your account to use it online and the card number once created will not be used after the 48 hours lapsed and hence you can be rest assured that it can never be misused by anyone else.  Also you set the minimum amount limit on the card and even if it is misused it could be lesser rather than exposing your entire bank balance via your regular debit card or credit card.