Exploring the Benefits of RFID Wallets in India

Exploring the Benefits of RFID Wallets in India. Get it with exclusive deals using the Bajaj Finserv EMI Network Card.
Explore RFID Wallets
6 min
19-April-2024

RFID wallets are wallets equipped with a special lining that blocks radio waves. This lining protects your credit and debit cards containing RFID chips from electronic pickpocketing. RFID chips, embedded within contactless cards, store your payment information.

Electronic pickpocketing, also known as RFID skimming, involves thieves using scanners to steal this data from your cards through your wallet.

Check out the men's wallet range on Bajaj Mall. Use the Bajaj Finserv EMI Network Card for affordable EMIs at partner stores.

Benefits of RFID wallets

  • Enhanced security: The primary benefit of RFID wallets is the peace of mind they provide. By blocking RFID signals, they prevent unauthorized scans of your cards, safeguarding your financial information.
  • Reduced risk of identity theft: With stolen card details, criminals can commit identity theft. RFID wallets minimize this risk by acting as a shield against data skimming.
  • Global protection: RFID technology is used worldwide, making RFID wallets a valuable tool for international travellers.
  • Peace of mind: Knowing your cards are protected allows you to carry them confidently, eliminating worries about electronic pickpocketing.

You can discover a variety of premium wallets from top brands such as Tru Virtu Wallet here. Visit our partner stores and bring home your preferred wallet with exclusive deals using the Bajaj Finserv EMI Network Card.

How RFID wallets work

  • Blocking mechanism: The lining within an RFID wallet is typically made of metal mesh or a combination of metallic threads woven into the fabric. These materials disrupt the radio waves used by RFID scanners, preventing them from accessing your card data.
  • Passive protection: RFID wallets offer passive protection. They do not require batteries or any active operation to block signals.
  • Card functionality unaffected: Using an RFID wallet doesn't hinder the functionality of your cards. You can still tap and pay at contactless payment terminals as the blocking material only disrupts the long-range scanning attempts.

Financing options for RFID Wallets with Bajaj Finserv

Bajaj Mall is the ultimate online destination to explore a wide range of RFID wallets. Once you have identified a wallet that suits your needs, head to your nearest Bajaj Finserv partner store. This card allows you to choose a convenient repayment tenure and enjoy zero down payment plans on select models.

Advantages of shopping using the Bajaj Finserv EMI Network Card

  • Competitive prices: Bajaj Finserv offers competitive pricing, ensuring you get your desired RFID wallet at a budget-friendly cost.
  • Zero down payment: Forget about large upfront payments! Select RFID wallets are covered under the zero down payment scheme offered by Bajaj Finserv.
  • Convenience and accessibility: The Bajaj Finserv EMI Network Card grants easy access to over a million products across India, available at partner stores, making purchasing your preferred RFID wallet a breeze.
  • Exciting deals and cashback offers: When you use the Bajaj Finserv EMI Network Card to purchase an RFID wallet, you may be eligible for exciting deals and cashback offers, further enhancing the value proposition.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

How effective are RFID wallets in protecting against electronic theft?
RFID wallets are highly effective in safeguarding your cards from electronic pickpocketing. Their lining disrupts RFID signals, preventing scanners from stealing your card data remotely. However, their effectiveness can be limited by certain factors, such as proximity to scanners or wallets with weak shielding materials.
Can RFID wallets block all RFID signals, or are there limitations to their protection?
While RFID wallets offer significant protection, their effectiveness can be limited by certain factors. Proximity to scanners or wallets with weak shielding materials might allow some data transmission.
Are RFID wallets compatible with all types of credit cards and identification cards?
RFID wallets work with most cards containing RFID chips, including credit cards, debit cards, and some ID cards. However, it's advisable to check if your specific cards use RFID technology for compatibility.
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