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Discontinuation of magnetic stripe cards and mass closure of zero balance accounts saw 154 million debit cards going out of use at the end of September quarter.

154 mn debit cards out of use as magnetic strips, zero balance go

There were about 836 million debit cards and about 53 million credit cards in circulation at the end of September...

3 Dec 2019 1:47 AM IST

A typical credit card can be availed by visiting a bank branch or by filling an online form. But not an SPC. These are typically an invitation-only offering.

Why you should not use credit card for cash withdrawal

You will end up paying hefty cash withdrawal fee and advance payment charges.

15 Jan 2019 12:00 PM IST

The standard 30 euro-limit for contactless payments will not be applicable when the fingerprint is used.(Representational image)

UK begins trial of debit cards with built-in fingerprint sensor

The new NFC payment card allows the user to make contactless payments without needing to input a PIN or offer a...

12 March 2019 2:37 PM IST

As many as 1,328 cases (Rs 6 crore) related to ATM/Debit Cards, and 18 cases (Rs 1 crore) involving internet banking were reported during the period.

Man held for Okhla ATM fraud, 20 debit cards seized

On July 4, a woman alleged that she went to withdraw cash from an ATM booth in Okhla Industrial Area but the machine was...

15 July 2019 7:42 AM IST

As many as 1,328 cases (Rs 6 crore) related to ATM/Debit Cards, and 18 cases (Rs 1 crore) involving internet banking were reported during the period.

RBI asks banks to extend PoS cash withdrawal facility

The RBI has reiterated the instructions with a view to provide for cash withdrawals at PoS by card-holders.

30 Aug 2019 10:20 AM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank to offer 2 million credit/debit cards to millennials

The cards, christened Millennia come with a slew of features like a 5 pc cash back on shopping and an 1 pc fuel...

23 Aug 2019 9:02 AM IST

PNB collected Rs 268 cr as ATM transaction charges, annual maintenance fee in FY20. (PTI Photo)

PNB collected Rs 268 crore as ATM transaction charges, annual...

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit...

10 Jun 2020 3:56 PM IST

GST Council gives nod to 20 per cent cashback on BHIM payment

Goyal said that software backbone for the incentive will be set up and then those states who are interested can launch...

5 Aug 2018 4:40 AM IST

Gauri Joshi (27), an ad executive was a victim of the debit card cloning scam.

Switch to chip-based debit cards by December 31: SBI to customers

The Reserve Bank on India had asked banks to issue only chip-based and PIN enabled debit and credit cards.

26 Aug 2018 1:29 PM IST

As many as 1,328 cases (Rs 6 crore) related to ATM/Debit Cards, and 18 cases (Rs 1 crore) involving internet banking were reported during the period.

Farzi Cafe former staffer cloned cards

Cafe admin said they identified the suspect through CCTV footage, but he had already quit his job at the cafe.

7 July 2017 1:51 AM IST

(Representational Image)

No service tax on debit, credit card payments up to Rs 2000

Move likely to give an option to go cashless to cash-starved populace clamouring for more money in hand.

8 Dec 2016 12:22 PM IST

he top leadership of the MCs said that property tax defaulters owe around Rs 2,700, including property tax dues with interest.

Cash-strapped EDMC proposes three new taxes

Corporation will go for 100 per cent digital transaction from April 2017.

8 Dec 2016 2:36 AM IST