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PREPAID PAYMENTS CARD
New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...23 May, 2026, 09.59 AM IST- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...21 May, 2026, 06.00 AM IST
- BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...20 May, 2026, 03.20 PM IST
- UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...19 May, 2026, 05.27 AM IST
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...18 May, 2026, 05.46 PM IST
- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...08 May, 2026, 11.39 AM IST
- No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...28 Apr, 2026, 02.21 PM IST
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...25 Apr, 2026, 12.41 AM IST
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...24 Apr, 2026, 06.39 AM IST
- You can now recharge your phone directly on WhatsApp: Here's howWhatsApp is now letting users recharge mobile prepaid numbers directly within the app in India. This new feature, powered by PayU, is rolli...23 Apr, 2026, 04.16 PM IST
- RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...23 Apr, 2026, 02.42 PM IST
- RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...22 Apr, 2026, 07.41 PM IST
- Japan to roll out prepaid transport card for foreign visitors from MayJapan will launch a new prepaid IC card, “Tourist Pasmo”, for foreign travellers in May, according to Kyodo News. Issued by Pasmo Co., the ...22 Apr, 2026, 12.32 PM IST
- Chennai metro discontinues CMRL travel card and urges users to switch to Singara Chennai Card; Know what happens to your moneyChennai Metro Rail Corporation is phasing out its CMRL travel card. Commuters must transition to the Singara Chennai Card, a National Commo...21 Apr, 2026, 05.44 PM IST
- Final call for $1,050! Millions warned payments are ending forever—are you eligible?Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used...19 Apr, 2026, 12.41 AM IST
- Sebi mulls allowing gift cards, prepaid instruments to invest in mutual fundsMarkets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual fund...24 Mar, 2026, 04.42 PM IST
- Amex partners Mobikwik to issue prepaid payments card with flexible credit limitThe card network is targeting around a million such digital cards on Mobikwik's platform, linked with the customer’s wallet accounts.10 Nov, 2020, 11.06 AM IST
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