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PRAVEX-BANK — What is a payment card? < Payment cards

Payment cards


What is a payment card?

What is a payment card?

A payment card is a universal payment means, allowing access to money 24 hours a day, 7 days a week. A payment card, unlike paper currency, can be accepted for goods and services payment virtually in every country of the world without prior money conversion of the money on the card account into local currency, conversion shall be carried out automatically.

Modern people cannot imagine their life without this small piece of plastic. It is much more convenient, reliable and, certainly, safer than cash.

  • A lost or stolen payment card can be blocked in a few minutes, but it's impossible to return lost or stolen cash.
  • A payment card is protected with a PIN-code, which is known only to you. If the card is stolen, the thief will not be able to withdraw cash, as after 3 incorrect PIN code inputs the card will be automatically blocked.

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