What is a Visa Electron Debit Card? Overview,Benefits,FAQs and Features

Visa Electron Debit Card is an ideal choice for your requirement of performance, simplicity and flexibility. Visa Electron Debit Card offers value proposition and reliable form of payment for securing hotel reservations, withdrawaing cash from ATMs, buying books online or making everyday purchases.

The card was introduced by Visa in 1985 and is a sister card to the Visa Debit card.

Features of Visa Electron Debit Card

• Offers ease of shopping
• Allows cash withdrawal through ATMs for immediate needs
• VISA Electron is a debit card with over 394 million users worldwide
• Secured with verification
• Widely acceptable
• It is more popular among students, start-up companies and people with a limited budget
• Make Online purchases through Internet

Difference between Visa Electron and Visa Debit Card

Visa Electron require that all the funds be available at the time of transfer which means that the bank account attached to this card cannot be overdrawn as in case of Visa Debit Card. With Visa Debit Card, it is possible to use the card to make payments which exceed the balance available in the bank account, up to a pre-determined limit of the Visa Debit Card.

How to Apply for VISA Electron Debit Card?

• You have to apply for VISA Electron debit card from the bank where you have a saving account or current account.
• You can apply for the VISA Electron debit card offline by visiting the bank branch or online through internet banking or mobile banking
• Since you already have your bank account with the bank, minimal documentation just for KYC compliance is required for issuing the card
• VISA Electron debit card is linked to your savings account or current account
• VISA Electron debit card can be used for carrying out the transactions up to the amounts available in your account

Benefits of Visa Electron Debit Card

• Makes Online Shopping easy
• Secured Transactions
• Purchasing from merchant terminals
• Payment of telephone and other utility bills
• Better financial management of your funds
• User gets SMS alert on processing of the transaction
• 24 Hour Visa Global Customer Assistance