Today in Consumer Market, EMI is treated as best consumer offer which offer you to pay the amount in small instalments rather than paying a lump sump amount. But till this facility is available only on credit card. However, this facility will also available on your debit card shortly. The Mobile Store, a giant cellphone Retail Chain which has 800 Out-late across India, with Innovative Embedded ( A Firm at Bangalore) developed a new Technic which enables you to avail EMI option via. your Debit Card. As it is a very innovative as well as useful Technic, both firms is going to patent it. As per The Mobile Store (which has 90% shares of Essar and 10% of ILFS), Debit Card transaction system can be expanded unlimited because at present Debit Card customers are almost 10 times more than Credit Card customers. As per CEO of The Mobile Store (Himanshu Chakrawarti), even EMI is best offer for customers it only 30% share in overall Credit Card tr...
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