Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards
After RuPay debit cards, State Bank of India (SBI) waived off merchant discount rate (MDR) on Master and Visa debit cards. This is being done to promote digital transactions.
Nov 24, 2016, 21:48 PM IST
China opens bank card clearing sector to foreign firms
China has announced plans that will allow giants such as Visa and MasterCard to set up credit card clearing services in the country, breaking the monopoly in a multi-trillion-dollar market foreign firms have been trying to tap for decades.
Apr 23, 2015, 10:33 AM IST
PM Modi wants to take RuPay cards to global level
Aiming to take 'RuPay' cards to the international level, Prime Minister Narendra Modi Thursday said the success of financial inclusion scheme Jan Dhan Yojana will pave way for its global acceptance.
Aug 28, 2014, 20:06 PM IST
