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Tax benefits for credit, debit card payments welcomed

Last Updated: Tuesday, June 23, 2015, 21:50

"Tax benefits in terms of income tax rebates to be considered to consumers for paying a certain proportion of their expenditure through electronic means," said the draft proposals on which comments have been invited till June 29.

Snapdeal to allow payment by credit & debit cards on delivery

Last Updated: Sunday, May 31, 2015, 14:46

Under the service, GoJavas will equip its delivery staff to carry POS (transaction) machines to allow users to pay using their credit and debit cards.

ATM use: HDFC Bank to stop paper slips,to send detailed SMSes

Last Updated: Sunday, May 31, 2015, 12:40

This is a part of the digital initiative for the bank, under which it had last year launched the 'Green PIN' scheme wherein card-users were given the PIN numbers electronically rather than in a printed kit, the official said.

IndusInd Bank, Worldpay ink pact to offer services in India

Last Updated: Wednesday, May 20, 2015, 12:41

This partnership will allow each company to benefit from the other's respective expertise in domestic and international payments thereby helping in promoting online payment services in India.

Why that plastic money matters

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.

Industrial townships, commercial hubs lead in card sales: Survey

Last Updated: Thursday, March 28, 2013, 17:46

The usage of plastic money is catching up in India as industrial hot-spots and tourism destinations report high rates of card usage, says a survey.

The way forward for `plastic money`...

Last Updated: Tuesday, January 3, 2012, 12:02

Growth in credit card numbers may continue to be muted over the next few years on account of the high prevailing interest rates and asset quality fears. But is this really justified?

The way forward for `plastic money`...

Last Updated: Tuesday, January 3, 2012, 12:02

Growth in credit card numbers may continue to be muted over the next few years on account of the high prevailing interest rates and asset quality fears. But is this really justified?

Credit card transaction value up 33% at Rs 8,997 cr in Oct

Last Updated: Monday, December 12, 2011, 17:21

Credit card transactions carried out in October were worth Rs 8,997.63 crore, up 33.1 percent from that in the same month last year, signifying that people are shifting to electronic means of payment.