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Partnering with top banks in India, Flipkart has introduced debit card EMI facility for your purchases. It also provides no cost EMI to the customers using partnered banks’ debit cards.

A credit card allows the user to make purchases and pay for them later. On the other hand, a debit card is already loaded with money, the amount of your savings or current account. Both are useful tools in making payment for various purposes.

Debit cards are hot listed generally when it is stolen or lost in order to avoid fraudulent usage. Hence it is not possible to get or make payment through a hot listed debit card.

A debit card is similar to a credit card where you make purchases using the plastic card, but unlike a credit card, the money comes directly from your bank savings account. You can only use the money you have available in your account. If you do not have enough money in your account, your transaction will not be approved, which is why you cannot get into debt with a debit card.  A credit card purchase, on the other hand, is made usi

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