It seems that Prime Minister Narendra Modi’s vision of “cashless India”, of which currency demonetisation was the first strike, is on the right path.
India’s biggest ever security breach of over 32 lakh debit cards of various banks in 2016 now has some closure. Hitachi Payments Services on Thursday acknowledged that the malware that compromised the cards had infected
With a view to promote digital transactions, the Reserve Bank of India (RBI) is working to reduce the Marginal Discount Charges (MDR) for debit card transactions above Rs 2,000, Parliament was told on Tuesday.
Petrol pump owners tonight deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge.
In an attempt to promote digital transactions amid cash crunch following currency ban, the government is all set to waive service tax on debit and credit card transactions of up to Rs 2,000.
In a view to empower a greater push towards a cashless economy, the Unique Identification Authority of India (UIDAI) has planned to increase biometric authentication limit through Aadhaar to 40 crore a day from the
In a move that is expected to widen the platform’s merchant base, Indian mobile payments giant Paytm has now made it workable for small retailers to acknowledge installments made through credit and debit cards without
Veerappa Moily-led Parliamentary panel to look into biggest-ever debit card data breach
Over 6 lakh SBI customers to get new debit cards soon. Know the details here.
The Reserve Bank of India has launched a probe into what is believed to be the biggest-ever debit card data breach in Indian banking system, even as it tried to allay fears saying the number
After the security breach of around six lakh debit cards, the nation's largest lender State Bank of India (SBI) has advised its customers to make use of the bank’s own ATM network instead of other
The Finance Minsitry has sought a detailed report on the extent of debit card data compromise data theft which put 3.2 million debit cards at risk, in what is believed to be the biggest security
In biggest ever security breach of over 32 lakh debit cards of various banks, several banks have recalled a large number of cards while others such as, HDFC Bank, have urged customers to change their
In the midst of fear due to security breach of over 32 lakh debit cards of various banks, Finance Ministry on Thursday sought to calm people down by saying that they constitute only a small
Mumbai: RBI today asked banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards. The Reserve Bank noted that while the POS terminal
New Delhi: The Union Cabinet has given its approval for withdrawing surcharge, service charge and convenience fee to promote payments through cards and digital means, aiming reducing cash transactions.The Cabinet meet, chaired by Prime Minister
Mumbai: Uber, the technology-based cab service provider, on Monday launched debit cards as an additional payment option for all users across the 18 cities that Uber operates in, in India.In July, credit card payments were re-introduced in India for
Mumbai: Riding on the booming e-commerce space and increasing adoption of non-cash transactions, the combined share of SBI and its five associate banks in the debit cards space has touched 25 per cent in the
New Delhi: The Government on Monday proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction charges on purchase of petrol, gas and rail tickets with plastic