credit cards

Over 36 lakh bank a/cs saw cash deposit of Rs 10 lakh or more in a financial year

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!

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

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 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 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

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!

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

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

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