Debit, 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 IST
Over 36 lakh bank a/cs saw cash deposit of Rs 10 lakh or more in a financial year
Over 36 lakh bank accounts have seen cash deposits of Rs 10 lakh or more in a financial year, Parliament was informed on Tuesday.
Jul 18, 2017, 15:39 PM IST
Truth or Myth: 'Payments made by credit card to attract double GST' - reality check!
One of the latest rumours doing rounds is on messaging app WhatsApp. It says that GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards.
Jul 04, 2017, 17:58 PM IST
PNB to block all Maestro debit cards from July 31
Punjab National Bank (PNB) Maestro debit cards holders will face a card blockage if they fail to replace it with a more secure EMV chip based card by the end of this month.
Jul 02, 2017, 13:02 PM IST
ItzCash 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 IST
Digital 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 IST
Government may reduce service charge on credit and debit card transactions
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Jan 21, 2017, 00:27 AM IST
Petrol 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
Be careful before you swipe your credit/debit cards – Here is why!
While there is no denying that the government is making all efforts to fight black money and corruption through demonetisation and make India a cashless economy, one must also accept the fact that the move has been misused by many.
Dec 12, 2016, 21:16 PM IST
Post demonetisation Paytm hitting more than five million transactions in one week
Witnessing an exponential growth in terms of day-to-day transactions after demonetisation, Paytm is touching more than five million transactions in one week as compared to the combined average daily number of payment transactions seen by debit and credit cards in India.
Nov 29, 2016, 09:37 AM IST
Demonetisation: Govt removes excise duty on POS machines
Government on Monday removed excise duty on goods for manufacturing of POS (Point of Sale) machines that are in great demand as merchants are being compelled to use them in the wake of currency crisis.
Nov 28, 2016, 16:34 PM IST
MobiKwik announces MobiKwik Card to replace debit, credit cards
Mobile wallet major, MobiKwik, today announced that its users will be able to use MobiKwik for payments across all online and offline retailers and shops, where credit and debit cards are accepted by January 2017.
Nov 24, 2016, 23:37 PM IST
Yes Bank enters credit card space, eyes No 3 slot in 4 years
Setting an ambitious target of having five million customers by 2020 and to become the No 3 player in the extremely competitive industry, mid-sized lender Yes Bank Tuesday made a foray into the credit card market.
Aug 23, 2016, 20:34 PM IST
Govt to bear transaction cost of payments received via cards
In order to promote less cash economy, the government has said it will bear the transaction cost for all payments made to it through debit or credit cards and net banking.
Aug 16, 2016, 15:54 PM IST
SBI Card to have more co-branding with other banks
SBI Card, a subsidiary of State Bank of India, would go for co-branding of credit cards with more other banks which do not have big back-office support, an official said.
Jul 07, 2016, 16:00 PM IST
Axis Bank says 60% of its new credit cards sold in non-metros
The third largest private sector lender Axis Bank has said smaller centres are outpacing the top eight cities in its credit cards business, fuelled largely by the e-commerce boom.
Jun 01, 2016, 19:44 PM IST
RBI asks banks to upgrade ATMs to prevent cloning of cards
RBI Thursday asked banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards.
May 26, 2016, 21:26 PM IST
Good news! Foreigners, NRIs can now book train tickets in India using debit, credit cards
Here’s is a good news for foreigners and NRIs. Now, they will be able to book train tickets in India online by using international debit and credit cards through IRCTC website.
Apr 30, 2016, 05:06 AM IST
Don't not throw away expired credit, debit cards
A Byculla conman has been arrested by Dadar police station for using fresh user data, siphoning off lakhs from unsuspecting victims.
Jan 30, 2016, 11:01 AM IST