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Concerns over using credit card for international online transactions. (details in description)
Hello, first of all this is not a concern about identity theft or doubting merchant's authenticity. I am aware of the cardholder protection against fraudlent transcations and its completly safe technically. What I am concerned about is the RBI's circular which was published last year (Link)(relevent now because Aliexpress is going to have 3/29 aniversary sale and I have so many products to purchase) which affects the tranctions made to international ecommerce/service providers. This not only affects everyone who is intrested in buying stuffs from international portals but even those webmasters and developers who want to buy hosting, domain and other services. Some of the portals are exempted by this rule like google play, App Store and such but we can never be too sure what websites are supported and what are not. So I was hoping if someone could throw a light on the policy and make things clear. The basic doubt that I'm having is should I use my credit card for international online purchases or just drop the idea completly. New RBI restrictions may impact your international online purchases
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