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Shopify to ban vapes as US authorities crack down on illegal e-cigarettes industryShopify is poised to ban all vape sales from its platform this week, responding to pressure from U.S. state attorneys general. This move ta...- US whistleblower says Mastercard, Visa failed to stop payments for child sex abuse material on OnlyFansMastercard and Visa allegedly allowed their payment networks to process proceeds from child sexual abuse material and sex trafficking on On...
- Mastercard Q1 Results: Profit beats St expectations as consumer spending defies inflation worriesMastercard's Q1 profit exceeded expectations with solid results driven by consumer spending. Asia Pacific travel trends and cross-border sp...
- How to make UPI payments via credit, debit cardsApart from UPI-linked bank accounts, an individual can now also add their debit or credit cards in UPI apps to make payments. Read on to kn...
- Razorpay appoints Arif Khan as chief innovation officerA veteran in the banking and financial services industry, Arif Khan brings his expertise in working with various stakeholders and an in-dep...
- RBI allows UPI payments via Rupay credit cards: How you can make UPI payments via credit, debit cardsBy adding one's credit card or debit card to UPI apps, one can make payment without swiping it at a POS machine. Just scan a QR code and ch...
- American Express to resume India business from August 7The company has asked its partner banks and payment operators in India to recommence onboarding of new merchants on its network from August...
- ET Financial Inclusion Summit: United, we can fight the cyber enemy“While the digital segment has grown multifold it’s become easier for fraudsters to take advantage of lack of less tech-savvy consumers; fo...
- Pine Labs eyes US IPO in 2022 with $5bn valuationPine Labs, which provides digital payments and commerce solutions to merchants, has started working towards an IPO by March 2022 in the US,...
- RBI rejects demand of online merchants to store customers' credit card data"The regulator is of the view that merchants storing credit card data would cause cyber security risks to the consumer and they do not have...
- MDR fee waiver: Jan Dhan's mascot gets a joltDigital payments have grown by leaps and bounds since PM Modi embarked on a drive for financial inclusion.
- You still bear e-pay surcharge on government and utilities websitesElectricity consumers in Delhi have to pay 1% extra on their bill amount when they make payments through UPI.
- Tata Consultancy Services starts Aadhar-enabled payment platformThe ‘Merchant Pay’ platform will integrate with various banks to provide multiple-mode payment options to provide a unified view of all pay...
- What will happen if wallets are made interoperable?Interoperability in the space of digital wallets was not allowed by the RBI. The latest buzz is that it could be opened up within a short p...
- Common service centres to assist merchants in digital paymentsThe project would reach out to each of the 250,000 Gram Panchayats across the country through 200,000 CSCs which are operational across rur...
- India’s war on cash has at least two likely victors: Visa and MastercardAs India grapples with removing the bills, Visa and Mastercard will probably begin expanding their relationships with merchants and issuers...
- Sodexo does not want to be left behind in a digital worldWhile Zeta's products are mainly mobile phone based, in tie-up with RBL Bank and MasterCard, it also offers a plastic card which is accepte...
- Investors seeking stable policy, market access: Ajay Banga, Mastercard CEOForeign investors see a real opportunity in India, but policy implementation needs to pick up pace, says Mastercard CEO Ajay Banga.
- CAIT launches e-lala.biz, enters ecommerce spaceCAIT has entered the ecommerce space with the launch of e-lala.biz, a portal that gives merchants a platform to interact with consumers.
- Five things to know about contactless credit and debit cardsContactless credit and debit cards allows communication between NFC-enabled objects at a minimum distance of 4 centimetres.
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