Be careful if you find your postal mails/ bank and financial statements intercepted, pilfered or tampered with.
'No money will go henceforth to any entity which does not comply with the Sports Code'
As the POS machines are not easily accessible to customers, cashiers are asking customers to tell them the PIN so that they can enter it.
Consumers in India are growing more comfortable with using their debit cards to pay for purchases, according to Visa's latest Global Payment Tracking (GPT) Survey.
The National Payments Corporation of India, the owner of IndiaPay, will fire the first salvo by charging only half what MasterCard and Visa levy on merchant establishments.
The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a "digital public good with immense convenience". The ministry of finance said the concerns of service providers for cost recovery have to be met through other means. "UPI is a digital public good with immense convenience for the public & productivity gains for the economy.
While several banks and ATMs are providing cash far below the allowed limit every now and then due to cash shortage, the damage caused by the cyclone has dealt a further blow with movement of cash vehicles coming to a grinding halt, resulting in empty ATMs.
Move aimed to reduce scope of frauds as electronic payment systems are becoming vulnerable to misuse.
Payments made by any person of an amount aggregating to Rs 100,000 or more in cash towards credit card dues will have to be reported.
I believe the central bank has been very pro-active about introducing dynamic authentication systems like the two-factor authentication for online transactions. I believe this has really given a boost to e-commerce in India.
Research well all the ifs and buts carefully before accepting such policies.
The Federation of Automobile Dealers Association on Thursday launched a credit card in association with the ICICI bank.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
ICICI Bank on Saturday launched the Visa 'mini card', India's first miniature-sized payment card.
In an online chat with readers on October 14, Anil Rego answered their credit card queries.
We asked readers to send in their opinion on the advantages and disadvantages of credit cards and debit cards. Here's what four GA readers have to say about the subject.
Domains spoofing the legitimate Olympics Web site, while fake mobile apps masquerading as transport, booking, or other planning apps are also certain to be leveraged by fraudsters during the event, cybersecurity firms say, which puts Indian users also at risk.
Do you often miss payments? Do you exceed your credit limit? You are just the kind of customer credit card companies are looking out for!
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
The Reserve Bank of India (RBI) plans to bring global payment systems such as MasterCard International and Visa International under its regulatory framework.
Experts believe that the government needs more innovative ways to secure the cyber space in the country and a cess is more like a punishment which would not help in the long run.
To be smart with your credit card and avoid falling into a debt trap you need to know the rules of the credit card usage.
The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.
Lenders get a clear idea about your financial health, risk profile and personality trait
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap
It is possible that this experiment might see a rise in the Union government's cost incurred on tax concessions, without any increase in the tax base or coverage, says A K Bhattacharya.
'Building a credit history is a gradual process that requires at least 6-12 months of consistent credit activity.'
In the wake of scrapping of old Rs 500/1,000 banknotes, Niti Aayog has asked National Payments Corporation of India to frame a new scheme to incentivise digital payments.
You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!
Here's why VCCs are the best options for credit and debit card holders for avoiding phishing and frauds
The scheme would check fake payments made under National Rural Employment Guarantee Act and ensure that the officials don't fudge the workers' wages, state rural development department sources said. Launched from Dharhar village of Paliganj area in Naxalite-hit Jehanabad district recently, the 'E-Shakti' scheme promises to cover each worker with smart cards carrying details about duration of work, the wage earned, photograph and registration number of the beneficiary.
Multiple levels of integrations with the bank servers are required for enabling transactions.
American Express on Wednesday launched a new scheme offering its co-branded card to domestic travellers at airports with a commitment to deliver the card the same day for returning passengers.
Continuing our series on how to achieve Financial Independence and Retire Rarly (FIRE), Vatsal Ramaiya emphasises the importance of planning for retirement.
Net1's chief executive and chairman Serge Belamant said the Indian government was interested in the biometric verification technology that the company has been using in South Africa.
Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale.
After the Amendment Bill is passed by Parliament and comes into effect, businesses like casinos would also come under a legal obligation to report their activities in the country. For fighting the menace of terrorism, the Bill introduces new category of offences which have cross-border implications. The draft legislation also empowers the Enforcement Directorate 'to search premises immediately after the offence is committed.'
India's financial sector is dominated by large government-owned and private-sector banks.
Here's the lowdown on how to choose a credit card that best suits your wallet.
