AXIS BANK: e-Wallet card

e-Wallet Card

Axis Bank e-Wallet Card – Making your online shopping more secure

e-Wallet Card is an electronic card which works like a credit or a debit card for making secure online payments towards a merchant. It can be created by all Axis Bank internet banking customers and also no registration is required for the same.

The main benefit of this card is that the debit/credit card number is not compromised on an unknown website.

Any customer, who does not have a debit/credit card OR is undertaking an online transaction on a website whose authenticity/security is not assured from his perspective, he may be unwilling to share his debit/credit card number to this relatively new and unsecure website.

More:

• e-Wallet card allows you to purchase online with complete safety. You can create a e-Wallet card and use it online for any payment purpose just like your debit or credit card.
• e-Wallet card is accepted by all the merchants who accept Visa cards online.
• e-Wallet card can be used only for a single transaction. Once used, the card gets blocked and can’t be used again.
• You can use a e-Wallet card within 24 Hrs from the time of creation. If unused, the card gets expired and the balance is credit in to your source account.
• In case of partial usage, the balance amount will be credit back to your source account.
• You can create any number of e-Wallet card of the Limits as desired by you. However, the aggregate per day limit for e-Wallet cards creation is Rs. 50,000.

FAQs:


Do I have to register for using e-Wallet Card?

No, All existing NETSECURE registered customers can create e-Wallet Cards by accessing Axis Bank Internet Banking.


How do I create a e-Wallet Card?

Logon to Axis Bank Internet banking and visit e-Wallet Cards section under Cards tab. Under this tab, choose "Create a e-Wallet Card" and proceed with 3 simple steps to create a e-Wallet Card.


Can I use a e-Wallet Card at all websites?

You can use your e-Wallet Card at all the websites, which accept Visa cards as payment options. Some websites require you to select either credit card or debit card as the payment option. e-Wallet Card works with both the options (debit / credit card) while making the payment.

Please note that you should avoid using a e-Wallet Card when:

• You will be required to present your actual plastic card to receive your purchase, e.g. for purchase of some airline and movie tickets ? checkeach merchant’s policy carefully before you purchase!
• Card is to be used for recurring or installment payments


When does the source account get debited ? atthe time of creation of a e-Wallet Card or at the time of purchase payment?


What happens if I do not use the e-Wallet Card created by me at all or if I use only part of the e-Wallet Card amount?


How do I cancel a e-Wallet Card, after generating it?


What information do I need to make payment on a website using e-Wallet Cards?


What if I forget my VBV password?


Is there a fee for using e-Wallet Cards?


Can I withdraw Cash or make payment at a POS machine using my e-Wallet Card?


Can I use this card for mail order or telephone order purchases?


Where can I get the product information on e-Wallet Cards?

Source: 24 x 7 Bankinge-Wallet Card