Last Updated: Wednesday, January 7, 2015, 18:33
ICICI Bank on Wednesday launched the country's first contactless debit and credit cards that use the near-field communication technology, enabling one to make payments by just waving the card near merchant terminals instead of swiping the same.
Last Updated: Wednesday, December 31, 2014, 16:28
Post offices can now issue ATM-cum-debit cards for savings account holders, as per a new amendment in the rules.
Last Updated: Thursday, August 28, 2014, 16:38
Narendra Modi launched Jan Dhan Yojana, under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons.
Last Updated: Sunday, December 1, 2013, 10:54
In June, the Reserve Bank had extended the deadline for implementation of mandatory PIN punching at Point-of-Sales (PoS) and merchant outlets till November 30 following representation of banks.
Last Updated: Saturday, November 30, 2013, 17:07
Last Updated: Tuesday, November 19, 2013, 21:08
Five people have been arrested for conducting a global "cyber heist" of 45 million dollars by overriding the cash withdrawal limits of pre-paid debit cards, U.S. officials said.
Last Updated: Monday, September 2, 2013, 09:45
There were phases when business was slow, when regular clients deferred assignments looking at the market situation, which meant payments would be pushed even further back.
Last Updated: Monday, June 24, 2013, 23:38
The Reserve Bank Monday extended deadline for introduction of additional security features for payment through debit and credit cards as the banks and the related entities have yet to put in place requisite infrastructure.
Last Updated: Friday, March 15, 2013, 18:25
Banks have been advised by RBI to consider issuing debt and credit cards with photographs of the cardholders to prevent misuse of stolen cards, the Lok Sabha was informed on Friday.
Last Updated: Sunday, February 10, 2013, 18:41
However, the number of credit cards would remain at less than three crore during the same period, a recent study by Assocham, released Sunday, said.
Last Updated: Wednesday, December 12, 2012, 22:40
To prevent the use of stolen cards, the RBI Wednesday asked banks to consider issuing debit cards with photographs of the cardholders on them.
Last Updated: Friday, June 29, 2012, 12:01
The Reserve Bank of India has decided to cut the fees that banks charge from a merchant for processing a payment done by debit card.
more videos >>
