Is a Digital Card the same as a credit card?
The Hindu
Is a digital card the same as a credit card? The answer is No. credit cards are physical cards that
Is a digital card the same as a credit card? The answer is No. credit cards are physical cards that you can use for transactions. They are widely accessible but come with a number of charges. These include joining costs, annual fees, interest fees, and other hidden charges. Digital credit cards like LazyCard, as introduced by LazyPay, are radically different and come with a host of multifarious benefits for consumers. In addition, they are more convenient and advanced in comparison to mainstream credit card options.
What are the differences with digital cards, and how they’re better
1. They come in both virtual and physical forms at times, making them the best credit card alternatives in modern times.
2. They offer cutting-edge security in terms of personal details and are highly flexible with regard to their usage.
3. They do not come with hidden costs or other exorbitant costs like credit cards.
4. They often have lower rates of interest than credit cards.
5. They provide instant credit to their users.