It is the Indian payment card which is issued to every citizen holding bank accounts and satisfying the age limits. These helps the user having card to pay to the merchant easily from several goods and services on the basis of the promise of the card holder to the card issuer to pay back the amount that has paid including other charges also. The card holder grants a line of credit to the card holder and also creates a revolving account using which the card holder then borrow payment money to the merchant or can get advanced cash. It is also different from the charge card in which the balance is required to be made full every month. In other words, these cards help in allowing the consumer in continuing and balancing the balance of Debt with the subject to the interest that will be charged.