No PIN requirement for contactless card payment up to Rs2,000
The Reserve Bank said it will allow customers to side-step the need for a two-factor authentication while making payments below Rs2,000 while using...
MAS Team | 15 May 2015
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SBI launches RuPay Platinum debit card
State Bank launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI)
MAS Team | 08 May 2015
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Railways launch RuPay pre-paid debit card service
Railway passengers can now book their tickets, do shopping and pay service bills using RuPay pre-paid cards, as the IRCTC launched the debit card...
MAS Team | 25 March 2015
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Citizens can use RuPay card to pay RTI fee online
Citizens can use RuPay card for payment of fees to seek information under the Right to Information (RTI) Act
MAS Team | 05 March 2015
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Banks may cut interest on credit card overdues
Banks will lower the interest charge on credit card outstanding of customers who often have to fork out hefty amounts for failing to pay up on time
MAS Team | 13 February 2015
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ICICI Bank launches contactless credit and debit cards
ICICI Bank announced the launch of the country’s first ‘contactless’ debit and credit cards, enabling its customers to make...
MAS Team | 07 January 2015
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ICICI Bank launches new credit card with American Express
ICICI Bank has introduced a new credit card in association with American Express named ICICI Bank Coral American Express Credit Card
MAS Team | 15 December 2014
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SBI's credit card division fined Rs15,000 for threatening calls
The New Delhi District Consumer Disputes Redressal Forum asked SBI Cards and Payment Services Pvt Ltd to pay Rs15,000 for making threatening calls to...
MAS Team | 07 November 2014
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Issue cards only if you roll out POS machines: RBI to Banks
RBI Deputy Governor H R Khan said that the central bank is mulling linking the debit card issuances to the number of point of sale (POS) machines it...
MAS Team | 17 September 2014
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ICICI Bank launches EMI on debit cards
ICICI Bank announced the launch of EMI (Equated Monthly Instalments) facility on debit cards to enable its customers to convert their high value...
MAS Team | 19 August 2014
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Credit card spends rise 30%
Driven by e-commerce transactions, spending per credit card has risen considerably, growing by 30%
MAS Team | 03 July 2014
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ICICI Bank to charge customers for redeeming points on cards
ICICI Bank will charge its customers for redeeming points collected on their credit and debit cards.
MAS Team | 19 May 2014
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Delhi's Traffic Police to accept fine through cards soon
Delhi Traffic Police is soon going to upgrade its hand-held e-challan device which will accept money through debit and credit card
MAS Team | 14 May 2014
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Two international cards launched by Citibank, India
Citibank in India launched two new exclusive credit cards- Citi Prestige and Citi Ultima Infinite
MAS Team | 12 April 2014
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Low penetration of credit cards and loans in Kerala
The penetration of credit cards and personal loans is very low in Kerala and the state has a huge untapped potential in the sector, according to data...
MAS Team | 27 February 2014
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RuPay Card base to touch 25 mn by March: NCPI
The National Payment Corporation (NPCI) plans to almost double the number of RuPay Cards, the homegrown rival to Visa and MasterCard, to 25 million...
MAS Team | 03 February 2014
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Cards Face Maximum Complaints
According to the annual report of the Banking Ombudsman for 2011-12, released earlier this year, grievances relating to cards outnumbered other...
MAS Team | 04 February 2013
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