NFC Expert Advantages and disadvantages of contactless payment
This innovation definitely has more pluses (we have identified 8) than minuses (only 3). Banks have been actively introducing this payment method to plastic cards for the last 1-2 years.
Eight Benefits
1. The most important plus is instantaneous speed. They brought the card to the terminal, heard a beep, it’s ready.2. It is not obligatory to get a credit card from a purse.3. Since the card is in the wallet, outsiders cannot find out the details (number, cvc code, etc.).4. There is also no access from the cashier or seller.5.
Three flaws
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1. To pay more than 1000 rubles, you need to enter a pin code.2. If the card is stolen, attackers can freely make purchases without entering a pin code (within 1 thousand rubles).3. Not all terminals currently support this technology.
1. Tinkoff Bank
Overview:
- Free use of the credit limit – 55 days
- Cashback (refund) — up to 30%
- Annual service fee — 590 rubles
- Commission for cash withdrawal — 2.9% 290 rubles
- Initial limit — from 10,000 rubles
The provision of credit funds at a rate of 12.9% is one of the most advantageous advantages compared to other banks. This option of a credit card should be considered first of all if you are thinking of acquiring such a tool for lending.
An application for a card can only be left on the website or by phone, received – only at home or work by courier delivery. In today’s world, we consider this a big plus as it saves you time. The card is issued in two payment systems, respectively, supports both technologies – paypass and payway.
Detailed information and application for a Tinkoff Platinum credit card →
2. Q IWI Bank
Overview:
- Free use of the credit limit – from 30 to 365 days
- Cashback (refund) size — none
- Annual maintenance fee — 0 rubles
- Cash withdrawal fee – only your own money can be withdrawn
- Initial limit — from 5,000 rubles
Conscience is a credit card designed for making purchases online. To IVI Bank offers a very simple and convenient scheme: you take any product, paying with the Conscience card, in installments for a period of 1 to 10 months. In this case, the bank does not take any commission. For the installment period, the rate on the money provided is always 0%. But if you do not make a payment on time, then a 10% rate of a fine of 290 rubles will be charged on the entire amount spent.
IMPORTANT! You cannot withdraw cash from this card. It is used only to pay for goods from partners, of which there are more than 20,000 throughout Russia. Issued by the Visa system, respectively, supports payment via payWave.
Detailed information and application for credit card Conscience →
3. Touch Bank
Overview:
- Free use of the credit limit – from 61 days
- Cashback (refund) — up to 3%
- Annual maintenance fee — 0 rubles
- Commission for cash withdrawal – free of charge at OTP ATMs, in others – 1.5% when withdrawing more than 100,000 rubles per month
- Initial limit — from 10,000 rubles
Touch Bank offers all the same typical conditions, but even more beneficial for customers. For example, only here you will find the lowest rate – only 12 percent. If banks usually offer a grace period in the region of 50-55 days, then here it is already 61 days without interest. Even the credit limit is an order of magnitude higher than competitors – 1,000,000,000 rubles. (of course, this amount is available only to permanent responsible holders).
We consider the conditions for withdrawing money to be the final push in favor of choosing this card. This procedure is absolutely FREE when using branches/ATMs of OTP Bank. But even if there is no such thing nearby, then you can use absolutely any other one, also without a commission, if you withdraw less than 150,000 rubles per month. We doubt that anyone needs a more impressive amount on hand. The card belongs to Visa and is powered by payWave.
Detailed information and application for a Touch Bank credit card →
4. Sovcombank
Overview:
- Free use of the credit limit — up to 12 months
- Cashback (refund) — 1.5% when paying with own funds
- Annual maintenance fee — 0 rubles
- Cash withdrawal fee – only your own money can be withdrawn
- Initial limit — from 10,000 rubles
“Halva” is a unique product that gives you the opportunity not only to buy things in installments without overpayment, but also to earn income on the balance. The bank will charge up to 8.25% monthly if you spend at least 10,000 rubles per month.
74 580 offer the opportunity to buy products from them at 0%. Take it now – pay in equal installments throughout the entire loan period without paying any interest. You can get a credit card at one of the 2,000 branches of Sovcom Bank, or order delivery by courier. The PS MasterCard is issued, the PayPass system operates.
Detailed information and Halva credit card application →
5. Home Credit Bank
Overview:
- Free use of the credit limit — from 3 to 12 months
- Cashback (refund) size — none
- Annual service fee — 0 rubles
- Cash withdrawal fee – only your own money can be withdrawn
- Initial limit — from 10,000 rubles
Home Credit Bank also offers a product for those who like to make frequent purchases with a credit card. Take a TV today on credit and repay the debt in equal installments throughout the entire installment period. The maximum period of 365 days is valid for the partners of the bank (there are more than 20,000 of them), and the period of up to 90 days works in absolutely every store.
The cashout option is also not available here, since this tool is designed specifically for paying for goods online or at terminals. Supports PayPass and payWave contactless payments.
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Detailed information and application for a Home Credit Bank credit card →
6. Alfa-Bank
Overview:
- Free use of the credit limit — up to 100 days
- Cashback (refund) size — none
- Annual maintenance fee — from 1,190 rubles
- Cash withdrawal fee — free of charge when withdrawing up to 50,000 rubles per month
- Initial limit — from 20,000 rubles
The website of Alfa-Bank says that this card is the best in Russia. We cannot agree with this for sure, but in some facts she is certainly the best. Of course, first of all we are talking about the grace period. Only Alfa Bank can allow you to use a loan for a hundred days. Also, if you do not often withdraw cash, then this option will be beneficial for you due to the absence of a commission for issuing within 50 thousand rubles. per month.
The card supports both technologies: Visa (Paywave) and MasterCard (PayPass).
Detailed information and application for a credit card 100 days without interest →
7. Raiffeisenbank
Overview:
- Free use of the credit limit — up to 52 days
- Cashback (refund) — up to 5%
- Annual maintenance fee — 1,490 rubles for a card with a regular design
- Fee for cash withdrawal – in own ATMs 3% 300 rubles, in others 3.9% 390 rubles
- Initial limit — from 10,000 rubles
Card ALL AT ONCE from Raffeisen Bank
Detailed information and credit card application ALL AT ONCE →
8. Renaissance Credit
Overview:
- Free use of the credit limit — up to 55 days
- Cashback (refund) — up to 10%
- Annual maintenance fee — 0 rubles
- Commission for cash withdrawal — 2.9% 290 rubles
- Initial limit — from 10,000 rubles
RenCredit issues one debit and one credit card. The second has a modest limit, an average loan period and a high interest rate. We consider the main advantage of this card to be cashback, which usually ranges from 1 to 10 percent for each purchase, but sometimes it reaches 100%.
Credit cards also support the technology of fast contactless payment via PayPass.
https://www.youtube.com/watch?v=ytpressru
Detailed information and application for a Renaissance Bank credit card →