Did the transaction fail? Did you receive your money on time?
If RBI's recommendations are finalised, it will give more teeth to the existing fair practice code
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
ICICI Bank's new offer is for those with savings in fixed deposits but no immediate liquidity
Even the well heeled in metros find it difficult to go completely digital. Cash withdrawals from ATMs are back at the same level as they were before demonetisation
'Because of the government's step, the people are now going to splurge on consumption.' 'If you ask me, would growth be 8% for 2017-2018, I would say 7.5% because of the demonetisation move would not be very significant.'
This card is a variation of the popular Kisan Credit card.G-Card was distributed to nearly 3,500 small and marginal farmers growing ginger in the remote militant infested district of Karbi Anglong. The card has brought a lot of benefits to the farmers of the area, who often had to shell out 'revolutionary taxes' on cash transactions.
Customers taking small and convenient steps and some degree of care and precaution while paying digitally will ensure safety and security from new threats that emerge every day, says Avinash Luthria
While it's not difficult to fall prey to card fraud, individuals can protect themselves against losses.
Move aimed to reduce scope of frauds as electronic payment systems are becoming vulnerable to misuse.
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
Meru Cabs, India's largest radio cab service provider has introduced alternative payment facility for their passengers in Hyderabad city.
The finance ministry (FinMin) has asked Infosys to work on ways to extract and access taxpayers' real-time data faster and accurately as it is crucial for taking decisions on policy changes. While reviewing progress of the income tax portal 2.0, which had faced glitches, the officials also told the Infosys team to increase the scope of pre-filled data in the ITR forms. Senior officials in the ministry held a review meeting last month with the Infosys team and officials of the Central Processing Centre (CPC).
Citibank saw 92 cases of cloning of debit/credit cards or use of fake cards.
The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
Private sector lender Axis Bank on Wednesday launched the country's first contactless wearable payment devices to allow customers make on-the-go transactions more conveniently. Announcing the 'Wear N Pay' wearable devices brand, Axis Bank said it is the first bank in India to offer such a service. The bank has partnered with Thales and Tappy Technologies to design and create these products, which are exclusively available on the Mastercard platform, it said in a release.
Have you ever thought of options that are safer like the savings bank account, and additionally provide higher returns?
Bharti Airtel aims to leverage its 180 million plus digital service customers and its wide presence in rural areas to grow its payment bank business. "We are well placed as we can leverage the 180 million plus customers we have across our digital assets. "We offer a plethora of services such as lucrative interest rates, gift cards, FASTag, telecom recharges, payments and debit cards. "Our large merchant base of more than eight million allows us to drive both engagement and monetisation.
The activist, who advises various farmer organisations, was arrested when Assam was witnessing widespread protests against the Citizenship (Amendment) Act.
A key advantage of these cards is that exchange rate fluctuations may not affect you
Credit cards, if used properly, can be a great way to build one's CIBIL score.
Banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.
In one of its recent announcements, the Reserve Bank of India announced that come August all online credit and debit transactions will need to go through one more step before they can be completed successfully.
For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.
Book a rail ticket online and get it delivered at home.
RailWire - the retail Broadband distribution model of RailTel Corporation of India Ltd, a PSU of Railway Ministry, is involved in distribution of Internet bandwidth through WiFi.
Since payment alternatives such as UPI, e-wallets and USSD - based mobile banking through different platforms are directly or indirectly linked to the user's bank account one needs to be extra careful to keep hackers at bay, explains Adhil Shetty, CEO, BankBazaar.
To educate customers on the modus operandi of financial fraudsters and share inputs on safe banking habits, banks are now coming up with awareness campaigns aimed at preventing customers from falling into the trap of fraudsters.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
There are umpteen cases where travel websites and airlines advertise tickets for unbelievably low prices, without mentioning taxes and other charges.
The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
The Reserve Bank of India's latest data indicate that spending per card is rising steadily - something that consumers should worry about
SBI offers reward points for various types of banking transactions.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
To ensure a better financial future, resolve yourself to follow these simple money tips.
The customer needs to be in the proximity of 15 cm from the merchant terminal.
