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VISA MASTERCARD ALTERNATIVES
Will debit, credit card e-mandates get affected after tokenisation?The RBI mandates that starting on October 1, 2022, retailers cannot keep full card numbers, CVVs, expiration dates, or any other sensitive ...20 Sep, 2022, 01.01 PM IST- Mastercard ban: RBI seeks action plan from banksThe Reserve Bank of India has also reached out to various lenders on the problems being faced by the broader banking system after it barred...26 Jul, 2021, 10.17 AM IST
- RBI-Mastercard faceoff: How things came to this pass, and what nowThe need for independent, domestic payment networks cannot be overestimated. Russia’s experience in 2014, when both Mastercard and Visa vir...18 Jul, 2021, 11.28 PM IST
- Mastercard ban will hit exclusive tie-upsRBI’s restrictions on Mastercard will hit credit card issuance by a host of entities. RBL Bank and Yes Bank and entities like Indigo, Marut...16 Jul, 2021, 08.20 AM IST
- Will Mastercard's loss benefit Visa and homegrown RuPay?While RBL Bank signed up with Visa as recently as last week, a Yes Bank spokesperson said the bank is evaluating migrating to other platfor...16 Jul, 2021, 07.43 AM IST
- NPCI pings Prime Minister’s Office, government departments to bring back digital pay MDRMDR was a fee accrued by banks, generally levied from merchants processing the transactions. It was shared equally between the acquiring ba...28 Jul, 2020, 11.42 PM IST
- RuPay: How a six-year-old card gave the scare to global biggies such as Visa and MastercardModi's drive for a less-cash economy in the wake of note ban pushed RuPay card in the country's interiors.13 Nov, 2018, 07.34 AM IST
- Data storage: Global companies rush to meet RBI’s deadlineThe government’s firm stand on data localisation means cost escalation for these entities since a lot of their servers which have been set ...15 Oct, 2018, 07.46 AM IST
- RuPay set to emerge No 2 card in volume and value of dealsVisa and Mastercard have dominated the debit and credit card industry in India for three decades. NPCI launched RuPay cards about six years...30 Apr, 2018, 06.22 AM IST
- Visa, MasterCard lobby government to ensure they don’t lose out to homegrown apps like UPI, BHIMCard companies are highlighting avenues such as QR codes and contactless payments as part of a bouquet of options to stay relevant in a cas...15 Apr, 2017, 06.51 AM IST
- From now, no OTP will be required for payments under Rs 2,000The RBI had earlier relaxed the second factor authentication requirement for transactions in shops using near field communication or contac...07 Dec, 2016, 11.29 AM IST
- Card data breach: Here's how SBI is assuring its customersNPCI, Mastercard and Visa had informed various banks in India about a potential risk to some cards in India owing to a data breach.20 Oct, 2016, 04.21 PM IST
- SAARC countries reach out to NPCI for payments switchWhile Visa and MasterCard, with their superior technology and massive reach, were expensive for smaller banks to ride on, RuPay being a dom...26 Sep, 2016, 08.35 AM IST
- Why RuPay has potential to end the dominance of Visa and MasterCard in IndiaThe payment gateway has surely helped the govt achieve its social objective, and it may even end up being a profitable one, competing with ...18 Nov, 2015, 07.16 AM IST
- RuPay: With this RBI initiative, India gets ready for a cashless revolutionRuPay will compete with Visa and MasterCard in terms of cost and quality of service, and it is only natural to expect the incumbents also t...02 Apr, 2012, 08.27 AM IST
- Indian rival in works to take swipe at Visa, MasterCardVisa and MasterCard that play a major role when anyone uses a credit card, will face an unusual rival in India.08 Aug, 2010, 12.55 AM IST
- Discover seeking $6 billion in anticompetition lawsuit against MasterCard, VisaDiscover Financial Services is seeking $6 billion in damages in a 2004 lawsuit against Visa Inc. and MasterCard Inc. over anti-competitive ...10 Jun, 2008, 06.42 AM IST
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