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Visa card News

24 Nov 2016

Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards

After RuPay debit cards, State Bank of India (SBI) waived off merchant discount rate (MDR) on Master and Visa debit cards. This is being done to promote digital transactions.

23 Apr 2015

China opens bank card clearing sector to foreign firms

China has announced plans that will allow giants such as Visa and MasterCard to set up credit card clearing services in the country, breaking the monopoly in a multi-trillion-dollar market foreign firms have been trying to tap for decades.

Jan Dhan Yojana

28 Aug 2014

PM Modi wants to take RuPay cards to global level

Aiming to take 'RuPay' cards to the international level, Prime Minister Narendra Modi Thursday said the success of financial inclusion scheme Jan Dhan Yojana will pave way for its global acceptance.

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