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  4. Debit Cards

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  • tokenisation, tokenisation of debit card, tokenisation of credit card, tokenisation news, tokenisati

    New rules for debit, credit cards kick in with tokenisation from today | FULL DETAILS

    Business | October 01, 2022 12:58 IST

    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.

  • RBI wants you to memorise all your debit, credit card

    RBI wants you to memorise all your debit, credit card numbers, expiry and CVV | Here's why

    Business | August 22, 2021 14:37 IST

    If the Reserve Bank of India (RBI) revises the guidelines from January 2022, then the customers with debit cards and credit cards will need to punch in their 16-digit card number every time they proceed to make a transaction.

  • Paytm Bank to now issue Visa debit cards

    Paytm Bank to now issue Visa debit cards

    Business | March 18, 2020 12:04 IST

    The bank, known for introducing neo-banking in the country, is already the largest issuer of RuPay Debit Cards and has the fastest growing bank account base. Paytm Payments Bank will issue Visa virtual debit cards to its customers, which will enable them to transact at all merchants accepting payments through cards.

  • Debit credit card fraud

    Millions of credit, debit cards with CVV up for sale on dark web; ALERT sounded

    Business | February 10, 2020 9:50 IST

    According to reports, the card records were uploaded on the cardshop on February 5. Moreover, the total estimated value of the database according to Group-IB is USD 4.2 million and this is not the first time that Group-IB has detected a fraud concerning the Indian payment cards.

  • RBI directs banks that credit, debit card users can enable, disable

    RBI directs banks that credit, debit card users can enable, disable

    Business | January 16, 2020 7:30 IST

    To improve user convenience and increase the security of card transactions,the Reserve Bank of India (RBI) has asked all banks to give card users, credit and debit, the facility to enable/disable their cards for different types of use.

  • SBI aims to eliminate debit cards

    SBI plans to eliminate Debit Cards to promote Yono for digital payments

    Business | August 20, 2019 13:32 IST

    SBI has said that it wants to end 90 crore Debit Cards that is in circulation to promote digital payments like Yono platforms.

  • Debit cards – Tips to keep your money safe and avoid

    7 ways to protect yourself from credit, debit card frauds

    March 06, 2019 15:45 IST

    Cloning machines at various restraunts can capture the entire data of your card. There are ways you can protect yourself from such frauds.

  • Data breach hits 10,000 PNB credit, debit card customers,

    Data breach hits 10,000 PNB credit, debit card customers, says report

    Business | February 22, 2018 22:53 IST

    Some 10,000 credit or debit card holders have been affected by a data breach reported by PNB, which is already reeling under a multi-crore rupee financial fraud by two fugitive luxury jewellers.

  • Representational Image

    Govt to reimburse merchant discount rate on transactions up to Rs 2,000 through debit cards, BHIM UPI

    Business | December 15, 2017 18:34 IST

    The merchant discount rate (MDR) will be borne by the government for two years with effect from January 1, 2018 by reimbursing the same to the banks.

  • Debit, credit cards, ATMs will be redundant in 4 yrs: Niti

    Debit, credit cards, ATMs will be redundant in 4 yrs: Niti CEO Amitabh Kant

    Business | November 11, 2017 21:47 IST

    Niti Aayog CEO Amitabh Kant on Saturday said that debit and credit cards as well as ATMs will be redundant in next three-four years and people will use their mobile phones for financial transactions.

  • Demonetisation effect: Rise in cashless payments, 60 pc

    Rise in cashless payments post note ban, 60 pc made through debit cards

    March 27, 2017 8:06 IST

    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.

  • Debit Cards, Hitachi, Malware

    32 lakh debit cards breach: Malware compromised systems in mid-2016, admits Hitachi

    February 09, 2017 16:49 IST

    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

  • Petrol pumps defer decision to accept card payments till

    No MDR levy on customers for card payments at petrol pumps: Govt

    January 09, 2017 16:19 IST

    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.

  • Debit card breach, bank fraud

    Veerappa Moily-led Parliamentary panel to look into biggest-ever debit card data breach

    November 06, 2016 10:06 IST

    Veerappa Moily-led Parliamentary panel to look into biggest-ever debit card data breach

  • SBI, Debit Card

    Over 6 lakh SBI customers to get new debit cards soon. Know the details here

    October 30, 2016 13:02 IST

    Over 6 lakh SBI customers to get new debit cards soon. Know the details here.

  • SBI, Banks, Debit Cards, Atm, ICICI, HDFC

    ‘Use bank’s own ATM network as pro-active measure’: SBI’s advice for its customers

    October 21, 2016 17:14 IST

    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

  • Banks, Government, Debit Cards, Finance Ministry

    Leading banks recall 32 lakh debit cards over security breach; govt says ‘they are safe’

    October 20, 2016 23:54 IST

    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

  • Finance Ministry, Debit Cards, Atm, Banks

    No need to panic, debit cards are safe, says Finance Ministry

    October 20, 2016 22:05 IST

    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

  • RBI

    RBI asks banks to upgrade ATMs to prevent cloning of cards

    May 26, 2016 21:53 IST

    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

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