debit cards

Debit, credit cards, ATMs will be redundant in 4 years: Niti Aayog

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
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
ATMs, Credit, debit cards set to disappear: Niti Aayog CEO

ATMs, 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 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
Debit card payments: RBI proposes to drastically cut MDR charges

Debit 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

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 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
Digital transactions: Follow this six golden rules to be safe!

Digital transactions: Follow this six golden rules to be safe!

Following the demonetisation move by Prime Minister Narendra Modi, the government has pushed for and encouraged e-payments or digital transactions to fight against black money and corruption.

Dec 23, 2016, 19:09 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
Demonetisation: Key benefits of using debit cards

Demonetisation: Key benefits of using debit cards

Debit Card makes your payments much more convenient and secure through an   electronic payment facility directly from your bank account.

Dec 06, 2016, 11:59 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

Big Bazar started the facility of cash by card swipe

Big Bazar started the facility of cash by card swipe. Watch this special segment and get to know more here.

Nov 25, 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
Task force set up to oversee expansion of POS machines: Arun Jaitley

Task force set up to oversee expansion of POS machines: Arun Jaitley

The government has set up a task force to oversee the expansion of point of sale (POS) machines to facilitate further expansion of the cashless economy in India, Union Finance Minister Arun Jaitley said on Thursday.

Nov 24, 2016, 18:03 PM IST
Note Ban: From today, you can withdraw upto Rs 2,000 from all Big Bazaar stores

Note Ban: From today, you can withdraw upto Rs 2,000 from all Big Bazaar stores

The facility is now available at 258 Big Bazaar and FBB stores in over 115 cities and towns across the country.

Nov 24, 2016, 10:53 AM IST
Demonetisation: Here's how transaction charge waiver on debit cards will benefit you

Demonetisation: Here's how transaction charge waiver on debit cards will benefit you

Amid the ongoing political outcry over demonetisation, the government on Wednesday announced several steps aimed at helping the cash-hit citizen of the country and  to encourage widespread usage of digital payments post demonetisation.

Nov 24, 2016, 05:31 AM IST
Banks waive MDR for all debit cards till December 31

Banks waive MDR for all debit cards till December 31

Leading banks, including ICICI Bank and HDFC Bank, have waived merchant discount rate (MDR) on debit cards till December 31 to facilitate payments by customers following government's move to do away with the charge levied on merchants.

Nov 23, 2016, 22:18 PM IST

No tax on debit cards to be charged till 31 December 2016

No tax on debit cards to be charged till 31 December 2016. Watch the full segment for more details.

Nov 23, 2016, 19:09 PM IST
Demonetisation: No charge on use of debit cards; farmers to get easier cash access

Demonetisation: No charge on use of debit cards; farmers to get easier cash access

The government announced more steps to help farmers to meet their cash needs during the ongoing rabi season and directed banks to waive debit card transaction charges to encourage digital payment.

Nov 23, 2016, 18:49 PM IST