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Q1. What is Visa Credit Card Pay service?
Visa Credit Card Pay is a mode of payment that allows you to transfer funds from any resident bank account to any SBI Visa Credit Card, within India using your bank’s Netbanking facility.
Q2. Can I pay my MasterCard credit card bills using Visa Credit Card Payment?
No, you cannot pay your MasterCard credit card bills using Visa Credit Card Payment.
Q3. How long does it take to credit the amount to my SBI Visa Card?
The payment will get credited to your SBI Card within 3 working days
Q4. How do I make payment using Visa Credit Card Pay?
You can make your SBI Visa Card outstanding payment using Visa Credit card Pay through your bank’s netbanking in 5 simple steps-
The payment made is sent to the beneficiary bank by VISA for further processing.
Q5. What details do I need to know about the beneficiary Visa card I wish to make the payment for ?
You only need to know the 16 digit credit card number of the beneficiary to avail Visa Credit Card Pay
Q6. Are there any charges for using this facility?
The charges applicable on this service are based on the rules and regulations of your bank. There are no uniform charges that are applied for VMT transactions, universally.
Q7. Once the transfer has been initiated, can it be modified or stopped?
No, you cannot stop the transaction, once initiated. Also, you cannot modify the beneficiary Visa card details or payment amount after the initiation of the transaction.
Q8. Can I use a credit card to transfer funds through Visa Credit Card Pay?
You can only use bank accounts to transfer funds using Visa Credit Card Pay.