Punjab National bank has launched credit cards against Fixed Deposits.
Punjab National Bank (PNB) became the first public sector bank which offered Credit card against fixed deposits (FDs).
MAS Team | 20 January 2023
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No Charge for RuPay Credit Card Use on UPI for Transaction up to Rs2,000: NPCI
There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction,...
MAS Team | 08 October 2022
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Rent Paid Through ICICI Credit Card to Attract 1% Fee
“Dear Customer, starting 20 October 2022, all transactions on your ICICI Bank Credit Card towards rent payment will be charged a 1% fee.
MAS Team | 24 September 2022
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New credit card closure rules effective from 1st July
The Reserve Bank of India (RBI) has issued new rules pertaining to credit and debit card issuance for the card issuers. Among the changes were the...
MAS Team | 23 April 2022
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BOB Financial, Mastercard launch QR on card solution for accepting payments
Mastercard and BOB Financial Solutions ltd have launched ConQR - a Mastercard QR on Card solution.
MAS Team | 24 April 2021
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Mastercard introduces contactless payment on SBI Card App
SBI Card Mastercard customers now need not carry physical cards and can pay using tap-and-go in a contactless manner.
MAS Team | 27 November 2020
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Request for Credit Cards cross pre-Covid levels in October
Demand for new credit cards has fully recovered and monthly applications in October have exceeded levels in the same month of the previous year,...
MAS Team | 27 November 2020
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RuPay card users can enjoy up to 65% discount on purchases during offer period
The National Payments Corporation of India (NPCI) unveiled discounts up to 65% on purchase of various branded items using RuPay card.
MAS Team | 29 October 2020
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Use RuPay Card, get up to Rs 16,000 cashback for international usage
The National Payments Corporation of India (NPCI) has rolled out a substantial cashback incentive for RuPay International Card users.
MAS Team | 04 January 2020
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Canara Bank fails to recover dues from credit card customer
Canara Bank has failed to prove that the person had applied for the credit card in the first place
MAS Team | 10 November 2018
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Card fees for small merchants likely to be cut by RBI
MAS Team | 17 February 2017
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Government promotes digital payments by the public
MAS Team | 10 December 2016
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Cabinet approves proposal to withdraw service charge on digital payments
The Union Cabinet has approved a proposal to withdraw the surcharge/service charge or convenience fee on digital payments
MAS Team | 04 March 2016
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Withdrawing cash from a retailer with Payworld Cash Point
An authorised shopkeeper would be able to use a Payworld app on his smartphone to swipe a user’s debit card. Up to Rs2,000 can be withdrawn...
MAS Team | 18 November 2015
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National Payment Corporation to launch two new cards
The National Payment Corporation of India plans to come out with new cards - a credit card and a payment card co-branded with Mudra Bank
MAS Team | 08 September 2015
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RBI tightens norms for credit card billing
The Reserve Bank asked banks to levy any late payment penalty on credit card customers, or report them to credit information companies, only if the...
MAS Team | 17 July 2015
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RuPay credit cards next year; to compete with Visa and Mastercard
RuPay, India's own card payment system floated by the National Payment Corporation of India (NPCI) would roll out RuPay Credit cards from next year
MAS Team | 18 June 2015
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RBI issues draft guidelines on mobility cards
RBI has introduced a new category of prepaid payment instruments that will be issued by the mass transit operators (such as metro or road transport)
MAS Team | 29 May 2015
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