Credit card, debit card holders alert! RBI extends important guideline to October 1
Banks and non-banking financial companies (NBFCs) were to implement the Master Direction on 'Credit Card and Debit Card ? Issuance and Conduct Directions, 2022' from July 1.
Jun 22, 2022, 09:30 AM IST
OTP rule changes from today! Debit, credit card users must know new regulations before making payment
The RBI recently increased the minimum amount on e-mandates requiring One Time Passwords (OTPs) to Rs 15000, up from Rs 5000, previously.
Jun 17, 2022, 14:44 PM IST
New credit card, debit card rules for online payments from July 1: Know what is going to change
The Reserve Bank of India had extended the scope of 'tokenisation' card payment services to several consumer devices including laptops, desktops, wearables like wrist watches, bands and Internet of Things (IoT), in addition to mobile phones and tablets.
Jun 17, 2022, 14:00 PM IST
RBI lifts restrictions on Mastercard, allows it to onboard new customers
The RBI lifted restrictions on Mastercard that it had imposed last year for failing to comply with local data storage norms.
Jun 16, 2022, 18:59 PM IST
Lost your ATM-cum-Debit card? Here's how to block the card
Card blocking protects the cardholder from unauthorised usage of the card.
May 28, 2022, 21:43 PM IST
Don't have a debit or credit card? Here's how to withdraw cardless cash from ATM
Currently, only a few banks, including ICICI and HDFC, enable cardless cash withdrawals at their ATMs.
May 21, 2022, 15:44 PM IST
Your credit, debit cards can be hacked in just 6 seconds! Check how to protect details or lose money
NordVPN has pointed out that an average debit or credit card can be cracked in only six seconds.
Mar 23, 2022, 19:49 PM IST
Kotak Mahindra Bank customers, alert! Your debit card won’t work for few hours next week, check timings
Kotak Bank customers should take note of the temporary hiatus before planning their online or offline purchases or cash withdrawals via debit card.
Jan 28, 2022, 15:32 PM IST
New credit, debit card rules from 01 January 2022: Know how it impacts your transaction process
Reserve Bank of India has mandated that from 01 January, 2022, merchants will not be able to store card information of users. Here is what it means for you.
Dec 23, 2021, 12:42 PM IST
Online debit card, credit card rules to change from new year; Details here
The new debit and credit card rules will take effect on January 1, 2022, and the RBI has requested retailers and payment gateways to carry out transactions using encrypted tokens.
Dec 20, 2021, 20:39 PM IST
RBI restricts customers from sharing card details for online payments: Here’s what to do now
From January 1, 2022, no firm in the card transaction or payment chain, other than card issuers and card networks, should keep the real card details, according to the Reserve Bank of India (RBI).
Dec 18, 2021, 19:54 PM IST
Debit card holders of all banks can use THIS bank’s Micro ATMs across India
In the first phase, KMBL is introducing micro ATMs in the outskirts of the top 8 metro cities – locations where the demand for cash withdrawal services is high but the prevalence of ATMs is low.
Oct 13, 2021, 13:41 PM IST
This Bank to shut down its ATMs from October 1 --Got an account here? Know how it will affect you
The bank management said that it will give customers the option to use their debit cards at ATMs of other banks. No extra charge will be taken from their customers for using this facility. They will be able to withdraw money from any ATM through Debit Card of Suryoday Bank.
Sep 30, 2021, 16:42 PM IST
From Cheque books and bank MICR code to ATM and credit card: These 6 rules will change from October
Since these new rules are set to impact the day-to-day lives of a common man and hence it is important to know more about these changes in detail.
Sep 30, 2021, 09:50 AM IST
How to convert your purchase via SBI Debit card into EMI --Check interest rate, tenure and eligibility
Customers can avail the loan ranging from Rs. 8000 to Rs. 1 lakh at an effective interest rate of 2 year MCLR + 7.50% which is 14.70% at present
Sep 08, 2021, 17:16 PM IST
RBI's new rule for security of credit, debit card data --Know all about Tokenisation of Card Transactions
The RBI on Tuesday extended the device-based tokenisation to card-on-file tokenisation (CoFT) services, a move that will bar the merchants from storing actual card data.
Sep 08, 2021, 13:27 PM IST
Alert! Don’t save debit card, credit card, ATM PIN, Aadhaar card, PAN on phone, here’s why
The survey collected over 24,000 responses from 393 districts in the country – 63 percent of these were men and 27 percent were women.
Sep 07, 2021, 20:26 PM IST
Now, pay dues of credit cards of any bank instantly with ICICI Bank’s iMobile Pay app --Here is how it works
The customers can add credit cards of any bank to the app within a few seconds and thereafter pay and manage their dues from the same app.
Sep 06, 2021, 17:38 PM IST
Is it mandatory to memorize 16-digit credit, debit card number for online payments from January 2022? Read here
RBI notified last year for payment system providers to put in place workable solutions such as tokenization for enhancing the security of storage of customer’s card credentials.
Aug 26, 2021, 17:48 PM IST
SBI debit card lost? Block old card and get a new one via phone call, here’s how
SBI customers can also use the toll-free number to avail several other urgent banking services.
Jun 18, 2021, 15:56 PM IST
