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What are the Ways to Set a Credit Card Payment Option?

Aman Khanna

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Most people using credit cards or planning to use one often worry about the hassles of making payments. Visiting the financial company for making a credit card payment every month is indeed troublesome, considering consumers’ busy schedules. Again, missing the payment due date can attract penalty charges including high rates of interests. It then directly impacts their credit scores to a great extent. Eventually, users have more chances to face several other consequences hurting their financial condition.

Therefore, it is crucial to pay off the bills on time to enjoy the conveniences and amenities these cards come with.

A comprehensive overview of credit card payment and its evolution

The credit card industry is performing well over the last one decade. Thanks to the emergence of Fintech companies like Bajaj Finserv, consumers can now apply for credit cards and pay off their bills without any trouble.

There are various modes to make credit cards payments, and customers can choose any one as per their convenience. Some of the options are discussed below.

Online payment options:

Secured online payment processed in real time is a reality now. Here is a list of popular online credit card payment methods for those uninitiated:


These methods are accepted all over India. People can use any savings account and do fund transfer using the National Electronic Funds Transfer (NEFT). IMPS or Immediate Payment Service (IMPS) also has the same procedure. However, the former can take up to one working day to get processed whereas the latter is instant.


Internet-banking or e-banking is another benefit-driven method. One simply needs to activate an account with a secured PIN. This process is highly safe as it uses high-end encryption.

Mobile app

Many institutions have their online portal as mobile applications. People have to log in to such apps, select their card and complete the payment instantly.


Auto paying bills of credit cards eradicate the hassle of making manual payments. This helps to clear off the dues before the due date every month. People who have multiple cards and find it difficult to track all their dues can take the aid of this facility.

Cardholders have the advantage to clear off their dues by taking to online mode anytime anywhere. Moreover, such facilities also eliminate the clutter of paperwork because they get receipts electronically.

Offline payment options:

Traditional methods are still in use despite the technological advancements. A lot of cardholders prefer to pay their bills in cash. Here, usually, a fee is charged. They also write a cheque favouring the bill in a drop box/cheque payment device.

Though both the payment modes have their advantages, online bill paying system is currently a few steps ahead. The reasons being:

> It is instant
> 100% safe
> Easy record
> Comfortable & convenient
> Multi-channel approach
> Real-time information
> Disciplined payment habit

The tech-savvy millennials are already in a process to adapt digital-by-default habits. Financial companies are also offering credit cards with easy online payment options considering such changes. For instance, Bajaj Finserv RBL Bank SuperCard comes with all the facilities mentioned above including some industry-first features.

Hence, it’s quite clear that making a credit card payment is no more a hassle nowadays with so many convenient options available.

If you don’t have one, apply for a credit card online and enjoy the exclusive benefits it comes with. For quick and instant approval, you can also look for pre-approved offers from NBFCs like Bajaj Finserv which ensure the process is less complicated and faster.
So, new-age lenders have wholly shaped the payment methods prioritising customers’ conveniences.


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