A software engineer claimed that he found a piece of tile inside the box of a Samsung Galaxy Z Fold 7 smartphone delivered to him after he ordered it online for Rs 1.86 lakh, police said on Friday.......
In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online,......
In what is said to be the largest digital arrest scam in Karnataka, a 57-year-old woman in Bengaluru reportedly lost about Rs 32 crore in a sophisticated "digital arrest" scam that lasted over six......
The Reserve Bank of India’s (RBI’s) Payment Systems Report highlighted that between 2019 and 2024, credit card transactions doubled in volume and almost tripled in value. Illustration: Uttam......
Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). Illustration: Dominic Xavier/Rediff.com In......
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. Illustration: Uttam Ghosh/Rediff.com However, the volume of......
Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph:......
With rising disposable incomes in cities beyond metros, the penetration of credit cards — and consequently, credit card spending — is growing at a much faster pace than in traditional......