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Get ready for 2-tier authentication while using credit cards

Get ready for 2-tier authentication while using credit cards

Last Updated: Saturday, August 23, 2014, 17:17

The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.

Amazon presents mobile payment system

Last Updated: Friday, August 15, 2014, 11:46

Global e-commerce company Amazon has presented a credit and debit card reader for mobile devices in the style of Square or PayPal.

Barclays launches mobile-based remittances service

Last Updated: Sunday, August 10, 2014, 19:57

To tap into growing remittances between England and India, British lender Barclays has launched a special mobile payment service between the two nations, which allows even non-Barclays customers to transfer money with ease.

RBI proposes 'anytime anywhere' bill payment system

Last Updated: Thursday, August 07, 2014, 20:39

For the convenience of people to pay school fees and municipal taxes and utility bills through an integrated platform, the Reserve Bank on Thursday proposed setting up an "anytime anywhere" bill payment system.

RBI issues draft norms for small banks, payment banks

Last Updated: Thursday, July 17, 2014, 19:06

A week after Budget announcement, the Reserve Bank on Thursday issued draft guidelines for setting up of 'local feel' small banks, which will disburse small-ticket loans to farmers and businesses.

RBI issues draft guidelines for setting up small, payment banks

Last Updated: Thursday, July 17, 2014, 18:12

The RBI also proposed Rs 100 crore as minimum capital required for setting up small bank and payment bank.

Delhi Jal Board unveils online bill payment facility

Last Updated: Friday, July 11, 2014, 22:08

Delhi Jal Board (DJB) Friday unveiled online bill payment facilities for its consumers.

India pays second installment of $550 mn to Iran in oil dues

Last Updated: Tuesday, July 08, 2014, 20:05

India on Tuesday paid the second installment of USD 550 million to Iran to clear over one-fourth of its dues for oil imports from the Persian Gulf nation.

India pays Iran $550 mn to partly clear oil import dues

Last Updated: Thursday, June 26, 2014, 20:48

India has made a USD 550 million payment to Iran and cleared a fourth of its dues for oil imports from the Persian Gulf nation.

India to come out with payment bank shortly: RBI deputy

Last Updated: Thursday, June 12, 2014, 10:37

The Reserve Bank of India will come out with a payment bank soon, Deputy Governor H. R. Khan said on Thursday.

'India 13th largest non-cash payment market in the world'

Last Updated: Thursday, June 05, 2014, 17:40

India has become the 13th largest non-cash payment market globally, says a Frost & Sullivan report.

Russia ready for talks on gas supply with Ukraine

Last Updated: Saturday, May 31, 2014, 04:39

Russia said Friday that it was prepared to continue negotiations with Ukraine over gas supplies next week once it receives partial debt payment from Ukraine.