RBI Expands Card Tokenization To Internet And Mobile Banking: Check
The RBI has permitted the use of Card-on-File Tokenisation (CoFT) through card-issuing banks or institutions.
Dec 21, 2023, 18:25 PM ISTGovt Exempts TCS On Overseas Spending Up To Rs 7 Lakh Via Debit, Credit Cards
The Finance Ministry said the changes were necessitated as some instances have come to notice where the payments were "disproportionately high" when compared to the disclosed incomes.
May 20, 2023, 15:36 PM ISTTokenisation rules kick in from today, October 1, 2022: Here's all about new credit card safety rule
Credit limits are set by banks through a process called underwriting, which takes into account things like income level, debt-to-income ratios, credit scores, and performance histories of credit cards.
Oct 01, 2022, 14:41 PM ISTShould you save your debit, credit card on Amazon, Flipkart, e-commerce sites? Know all about RBI's tokenization rule
Are e-commerce platforms prompting you to save/secure your debit, credit card details on their site whenever you buy anything?
Sep 26, 2022, 20:54 PM ISTApple stops accepting debit, credit cards for subscriptions, app purchases in India
The change has come as a result of the new auto-debit rules from the Reserve Bank of India (RBI) that came into force last year and are disrupting recurring online transactions.
May 05, 2022, 17:35 PM ISTDebit Card Frauds: Here’s how to protect yourself from scamsters
If someone on the phone asks for your PIN, it's likely that they're impostors posing as bank employees.
Dec 24, 2021, 09:25 AM ISTAuto-debit transactions from cards to change from October 1. Details here
For auto-debit payments over Rs 5,000, banks and other financial institutions will have to ask customers for second factor authentication.
Sep 24, 2021, 18:27 PM ISTRBI's 3 major rules for ATM card; follow these to prevent financial losses
Know what those three rules are.
Oct 02, 2020, 18:19 PM ISTBig news on credit, debit card --You must know about these new rules
The new rules are aimed at making digital payments secure and safe for users.
Oct 01, 2020, 18:03 PM ISTNew debit card, credit card rules kick in from October 1: Details here
The new rules are aimed at making digital payments secure and safe for users.
Oct 01, 2020, 10:34 AM ISTRBI's new debit card, credit card rules to be effective fom October 1: All you need to know
In an apparent attempt to make digital payments using debit cards and credit cards more secure, several new guidelines have been issued by Reserve Bank of India (RBI) that will come into effect from October 1, 2020.
Sep 30, 2020, 10:04 AM ISTCredit card vs. Debit card - Which one should you use
Simply put, a debit card is what you use when you want to spend your own money, whereas, in case of a credit card, you borrow money from a lender to pay for your expenses.
Mar 06, 2018, 13:46 PM ISTDebit, credit cards, ATMs will be redundant in 4 years: Niti Aayog
Niti Aayog CEO Amitabh Kant on Saturday said debit and credit cards as well as ATMs will be redundant in next three-four years and people will use their mobile phones for financial transactions.
Nov 11, 2017, 21:28 PM ISTItzCash enables Bharat QR on its PoS terminals
ItzCash has announced rolling-out `Bharat QR code` feature across its retail network. Now scan and pay money with ItzCash`s Point-of-Sale devices by simply flashing your cell phone.
Jun 23, 2017, 16:16 PM ISTATMs, Credit, debit cards set to disappear: Niti Aayog CEO
With India embracing applications of technologies at an accelerated pace, digital transactions will be done through mobile wallets and biometric modes and credit and debit cards as also ATMs were set to disappear, Niti Aayog CEO Amitabh Kant has said.
Apr 01, 2017, 19:30 PM ISTDigital transaction to touch Rs 4 cr/day this year: Ravi Shankar Prasad
Digital transaction is growing and is expected to increase by 33 percent to Rs 4 crore per day this year, IT Minister Ravi Shankar Prasad on Wednesday said.
Mar 15, 2017, 17:42 PM ISTDebit card payments: RBI proposes to drastically cut MDR charges
The RBI on Thursday proposed to drastically cut MDR charges on debit card payments.
Feb 16, 2017, 20:40 PM IST
Debit card breach: Hitachi owns-up, says it 'regrets' the inconvenience caused
The National Payments Corporation of India (NPCI) had said over 600 customers had reported losses of at least Rs 1.3 crore due to the breach.
Feb 09, 2017, 16:57 PM ISTPetrol pumps defer decision to not accept card payments till January 13
Petrol pump owners on Sunday night deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge.
Jan 08, 2017, 23:58 PM IST
Petrol pumps to not accept credit/debit card payments across India from Monday
With banks deciding to imposed transaction (MDR) charges on them instead of consumers, petrol pumps across India will not accept credit and debit card payments for fuel sales from Monday.
Jan 08, 2017, 21:35 PM IST