The largest group of 23% of respondents in the survey showed to have encountered credit or debit card fraud while 13% indicated fraud by buying, selling, and classified site clients.
Debit credit cards tokenisation: On September 30, RBI said about 35 crore cards have been tokenised and the system is ready for the new norms which will set in from October 1. The number of tokenised cards had gone up from 19.5 crore tokens created in June, according to data shared by RBI earlier.
Apple will not store the card information of the user anymore. This indeed will result in payment mode change, from Credit cards and Debit Cards to UPI platforms like Google Pay or PayTm.
Assisting its users regarding what to do if your card payment is declined in India, Apple in its one of the support pages under "billing for Apple subscriptions and media products in India payments" addressed the issue.
There is a fear that what will happen if someone withdraws money from your ATM in case it is lost. In such a situation, let us tell you that if the ATM card is lost, then you can not only block your old card sitting at home but also get a new card.
The Reserve Bank of India (RBI) has recently raised the interchange fee and allowed banks - private and public, to hike charges on withdrawing cash from ATMs as well as charges for debit/credit cards.
Citing the violation of norms on storage of payment systems data, the Reserve Bank of India has prohibited Mastercard from issuing debit cards, credit cards and even prepaid cards to new customers, starting from July 22.
After rolling out tokenisation with Kotak Mahindra Bank, SBI Cards and Axis Bank, Google Pay has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its slate
The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.
Independent cyber security researcher Rajshekhar Rajaharia claimed on Sunday that data of nearly 10 crore credit and debit card holders in the country is being sold for an undisclosed amount on the Dark Web.
In an attempt to make online and card payments more secure, the Reserve Bank of India (RBI) has issued new guidelines for banks, cardholders that will be effective from October 1, 2020.
Samsung set to expand its Samsung Pay digital payments platform. Read on to know how
Bank customers who are expecting the issuance of their new credit, debit cards after March 16 should know about a number of things that they will have to keep in mind while doing any type of transactions after 16th March.
Around 4.5 lakh Indian payment cards have been found on sale on the dark web. Read on to know what it is
Wawa data breach: Do you hold a Credit card or Debit card or both and make payments through it at stores, marts and others, then this is really bad news for you. Information of millions of cards (Debit and Credit) has been breached and was put for sale online.
A Noida-based girl received a jolt from the blue when she got robbed of Rs 1.5 lakh without any OTP or PIN. The fraudulent transactions were made via the girl's HDFC Bank Debit Card and HDFC Bank Credit Card. Here's what happened.
RBI new Debit card, Credit card rules: Amid rise in banking fraud cases, the Reserve Bank of India introduced several new guidelines to secure debit cards and credit cards. RBI issued new rules for debit and credit cards to improve the convenience and security of card transactions.
Neha, who works with a PR firm, immediately informed the HDFC customer care, got both the cards blocked, transferred the rest of the amount from the affected savings account to another joint HDFC account, and lodged an FIR in Paris.
ICICI Bank customers alert! Do you forget user ID or password while logging in your net banking? Then you don't need to worry about it anymore as you don’t have to memorize your password anymore.
RBI new Debit, Credit card rules: The Reserve Bank of India or RBI on Wednesday issued new rules for debit and credit cards to improve convenience and security. RBI has also asked banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card.
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