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Thursday, January 23, 2025 | 03:58 AM ISTEN Hindi

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Debit Card

What is a chargeback in credit and debit cards and how does it work?

Process involves a consumer's bank investigating disputes with merchants in recovering funds

What is a chargeback in credit and debit cards and how does it work?
Updated On : 06 Dec 2024 | 2:36 PM IST

Funds for foreign trip; translation as career: Top personal finance stories

This week we report on how to manage finances when you are in a foreign country and how you can earn by translating literature

Funds for foreign trip; translation as career: Top personal finance stories
Updated On : 11 Oct 2024 | 6:57 AM IST

International credit card use up 63% after Covid-19, overtakes debit cards

Data from the RBI shows international credit card spending rose 63 per cent from December 2022 to July 2024, while PPIs grew 53 per cent and debit card transactions increased by just 8 per cent

International credit card use up 63% after Covid-19, overtakes debit cards
Updated On : 27 Aug 2024 | 2:22 PM IST

Rule changes for HDFC, ICICI, IDFC FIRST Bank cards: Check new terms

Several major banks are implementing changes to their credit and debit card rules starting August 1

Rule changes for HDFC, ICICI, IDFC FIRST Bank cards: Check new terms
Updated On : 02 Aug 2024 | 12:43 PM IST

ICICI Bank revamps lounge access plan for 19 debit cards: Check details

Spends made in a preceding calendar quarter will unlock access for the subsequent calendar quarter

ICICI Bank revamps lounge access plan for 19 debit cards: Check details
Updated On : 30 Jul 2024 | 1:30 PM IST

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Stay invested even after lock-in ends to gain from compounding

Retirement MFs: Equity allocation, flexible withdrawal options key benefits
Updated On : 16 May 2024 | 11:41 PM IST

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable

This tokenisable wearable, for both debit and credit cards, has been launched by Induslnd Bank in collaboration with Mastercardand can be purchased in the form of a ring, watch clasp, or stickers

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable
Updated On : 11 Mar 2024 | 1:49 PM IST

Customers can now choose from multiple card networks from October 1

As per the notification, the card issuers must issue cards across more than one network and give their customers the option to choose from them

Customers can now choose from multiple card networks from October 1
Updated On : 30 Sep 2023 | 12:01 AM IST

Got new debit/credit card? Here's what to do before 1st online transaction

Most banks now toggle off the control limit of a card at the time of issuance. To make online or offline transactions, the users must first enable the controls. Know how here

Got new debit/credit card? Here's what to do before 1st online transaction
Updated On : 25 Sep 2023 | 10:18 AM IST

Fashion brand AJIO announces 'All Stars Sale', to start on September 22

Customers can save big and get up to 50-90% off across top brands and categories with an extra discount up to 10% off on using ICICI credit and debit card

Fashion brand AJIO announces 'All Stars Sale', to start on September 22
Updated On : 21 Sep 2023 | 6:11 PM IST

Visa to Rupay: From October 1, you can port your credit, debit cards too

Currently, when you apply for a debit or credit card, you usually don't get to choose the network provider as it is decided by the card issuer.

Visa to Rupay: From October 1, you can port your credit, debit cards too
Updated On : 10 Jul 2023 | 5:23 PM IST

RBI issues draft circular on issuance of debit, credit, prepaid cards

RBI directive tells debit, credit and prepaid card issuers to give customers more freedom to choose networks

RBI issues draft circular on issuance of debit, credit, prepaid cards
Updated On : 05 Jul 2023 | 7:44 PM IST

As credit card transactions rise in India, debit cards take a backseat

Recent data from the Reserve Bank of India (RBI) shows that out of 25 crore card transactions in the month of April this year, 22 crore were credit card transactions

As credit card transactions rise in India, debit cards take a backseat
Updated On : 13 Jun 2023 | 12:35 PM IST

Shoppers need not stop: Dynamics of in-store payments is being rewritten

The dynamics of in-store payments are fast changing, and this will impact retailing in a big way

Shoppers need not stop: Dynamics of in-store payments is being rewritten
Updated On : 04 Jun 2023 | 4:48 PM IST

RBI partially eases curbs on SBM Bank till Mar 15 for customers' relief

On Jan 23, RBI had asked the lender to immediately stop transactions under LRS, following certain material supervisory concerns observed in the bank

RBI partially eases curbs on SBM Bank till Mar 15 for customers' relief
Updated On : 31 Jan 2023 | 8:54 PM IST

Cabinet clears Rs 2,600 cr scheme to promote RuPay debit card: Officials

The Cabinet on Wednesday approved a Rs 2,600 crore scheme for promoting RuPay debit cards and low-value BHIM-UPI transactions. Under the scheme, banks would be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using RuPay and UPI in the current financial year. It would help in building a robust digital payment ecosystem. The scheme would also promote UPI Lite and UPI123PAY as economical and user-friendly digital payments. "Cabinet approves the incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (Person-to-Merchant)," said an official tweet.

Cabinet clears Rs 2,600 cr scheme to promote RuPay debit card: Officials
Updated On : 11 Jan 2023 | 6:50 PM IST

Credit card use at PoS higher than at e-com sites in July-Sept: Report

Attributes trend to value-added services such as EMI and BNPL which are allowing consumers to use cards for big-ticket transactions, as opposed to small-ticket earlier

Credit card use at PoS higher than at e-com sites in July-Sept: Report
Updated On : 05 Dec 2022 | 9:51 PM IST

Fintech firms seek six month-extension to comply with RBI credit line norms

RBI had barred the loading of prepaid payment instruments (PPIs) from credit lines

Fintech firms seek six month-extension to comply with RBI credit line norms
Updated On : 24 Jun 2022 | 2:57 PM IST

Australian watchdog sues Mastercard for anti-competitive practices

The ACCC investigated allegations that Mastercard engaged in anti-competitive conduct by offering certain large merchants cheaper interchange rates

Australian watchdog sues Mastercard for anti-competitive practices
Updated On : 30 May 2022 | 11:55 AM IST