Debit card

Debit cards acceptable for transport services payments

Moving towards complete automation and digitisation, the transport department of Delhi government has made debit cards acceptable in all online transactions related to its services.

Mar 03, 2018, 16:37 PM IST

No transaction charges on debit card payments up to Rs 2,000

MDR is the rate charged to a merchant by a bank for providing debit and credit card services.

Dec 15, 2017, 16:59 PM IST

Card transactions soar 84% in Sep 2017 to Rs 74,090 crore

The transaction volume at all points of sale (POSes) clipped higher by 86 per cent to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.

Nov 19, 2017, 10:08 AM IST

Cashless push doubled card payments; may cost banks Rs 3,800 cr

The report said the current humongous PoS infrastructure that banks have developed have to be supported wholeheartedly.

Sep 28, 2017, 20:37 PM IST

IRCTC denies reports of barring certain banks from using its payment gateway

"No debit or credit card of any bank has been restricted by the IRCTC for acceptance on any of the gateway," it said.

Sep 25, 2017, 12:40 PM IST

True Balance's latest feature enables users to manage, recharge, earn rewards

True Balance with its new updated version adds a few exciting advancements to the application. 

Aug 18, 2017, 16:12 PM IST

Now, an instant credit card against your savings account

Ahead of the festive season, ICICI Bank on Wenesday introduced an instant credit card which can be availed online and helps a customer to start shopping even before the plastic card gets delivered.

Aug 09, 2017, 16:22 PM IST

Direct tax collection grows 21% till mid-July FY'18

The government has collected over Rs 1.80 lakh crore in direct tax till July 15 in the current fiscal, an increase of 21.4 pre cent year-on-year, "belying" fears of slowdown in economic activities.

Aug 01, 2017, 17:51 PM IST

Afraid of Credit Card Fraud?: Here are the preventive measures

According to an analysis, on an average, police registers atleast one fraud case of debit/credit card in urban areas. Out of these crimes, many are committed by tricking the victims into revealing their credit card information over some fake phone call.

Jul 18, 2017, 19:45 PM IST

Demonetisation: Debit cards surpass credit cards as primary mode of payment

Usage of debit cards issued by small public sector lenders has gone up nearly five times.

Mar 27, 2017, 09:21 AM IST

Government may reduce service charge on credit and debit card transactions

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Jan 21, 2017, 00:27 AM IST

Banks begin levying MDR charges on debit card payments

In what could be a blow for digital payments system, some banks in the country have started levying Merchant Discount Rates (MDR) charges on use of debit cards for payments.

Jan 03, 2017, 21:06 PM IST

Tata Steel hopes to get back normalcy soon

Private steel major Tata Steel on Sunday expressed confidence that the situation would be back to normal in the next quarter after the company's performance was impacted temporarily in November last owing to demonetisation.

Jan 01, 2017, 18:00 PM IST

Aadhaar Payment App—This is how online transactions will be made easier

Consumers can now heave a sigh of relief as Santa has brought in some respite on Christmas in the form of Aadhaar Payment App. After days of thinking over how to make your cash-less transactions easier and hassle-free, the government is now about to gift you a big surprise.

Dec 25, 2016, 01:26 AM IST

No card, no mobile wallet only Aadhaar will enable you to make online transactions from today

The government's pet project of Aadhaar Payment App will be launched on December 25. It's widely believed that the new app will easily replace the debit.

Dec 24, 2016, 16:33 PM IST

Go digital: How to keep your online transaction safe

Online transactions is increasingly becoming a part of our day to day lives.

Dec 23, 2016, 02:30 AM IST

RBI was adequately prepared for demonetisation; has enough currency stocks to last beyond December 30: Jaitley

In a bid to make economy cashless, government is planning to offer tax incentives to small traders who are accepting payments through digital mode.

Dec 20, 2016, 13:46 PM IST

Govt offers tax incentives to small traders accepting digital payments

In a bid to make economy cashless, government is planning to offer tax incentives to small traders who are accepting payments through digital mode. 

Dec 19, 2016, 16:24 PM IST

Charges on debit card transactions of up to Rs 2,000 to be lowered by RBI

In order to promote digital payments, the Reserve Bank of India (RBI) lowered merchant discount rates or payments made by debit cards under Rs 2,000

Dec 17, 2016, 10:39 AM IST

Govt working on Aadhaar-enabled payment method bypassing credit, debit cards

In a bid to achieve cashless economy, government is working on development of a common mobile phone app that can bypass payments through credit and debit cards.

Dec 01, 2016, 17:56 PM IST