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DEBIT CARD ISSUANCE
Can Manipal Payment and Identity Solutions IPO deliver long-term growth for high-risk investors?Manipal Payment and Identity Solutions plans a ₹320 crore fresh issue for capacity expansion. The company's promoter stake will decrease to...
7 debit cards with complimentary airport lounge access in 2026 that you might not be aware of; 3 are without minimum spend criteriaCredit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Ba...
Saturday bank holiday: Are SBI, HDFC Bank, ICICI Bank open or closed today on July 11, 2026?Banks will remain closed on Saturday, July 11, 2026? Digital banking services will continue to be available for customers even if banks are...
Singapore-based fintech company Aleta aims to expand operations into IndiaAleta Planet, a Singapore fintech firm, is set to enter the Indian market. The company will provide infrastructure for Visa debit cards, en...
PNB debit card user alert: Free domestic airport lounge access ends for RuPay Platinum card holders; check revised conditionsPunjab National Bank (PNB) will discontinue complimentary domestic airport lounge access for RuPay Platinum debit cardholders from April 1,...
Can you access airport lounge without a credit card? Yes, these debit cards will helpDebit card with airport lounge access: Not many people are aware of the fact the airport lounge can also be accessed without having a credi...
Small merchants join UPI, size of payments fallsAverage ticket size of UPI transactions fell 8% to ₹1,515, while average credit card ticket size rose 8% to ₹5,276, according to data from ...
SBI hikes annual maintenance charges related to these debit cards from April 1, 2024: Check detailsSBI debit card charges: State Bank of India (SBI) has revised the annual maintenance charges related to certain debit cards. Here is a look...
RuPay forex cards to be issued soon; can be used at overseas ATMs, PoS machines, online merchantsRuPay Debit and Credit cards issued by banks in India have gained international acceptance through bilateral arrangements with internationa...
UPI to account for 90% of retail digital payments by 2026-27: PwC India reportThe Indian digital payments market saw steady growth at a CAGR of 50 per cent (volume-wise) and is expected to reach 411 billion transactio...
3 new credit card rules will come into effect on October 1: How it will impact card holdersThe Reserve Bank of India (RBI) announced new requirements for issuing credit and debit cards in April 2022. New limitations pertaining to ...
Things to keep in mind after card tokenisation goes into effect after September 30The RBI’s new rules and restrictions will focus on credit card cancellations, billing and adjacent services; here’s what you need to know.
India Post Payments Bank to charge annual maintenance and re-issuance fees for virtual debit cardsWith effect from July 15, 2022, India Post Payments Bank (IPPB) has introduced annual maintenance and re-issuance charges for its virtual d...
India saw over 100 crore card circulation in 2021: WorldlineOf the total cards in circulation, credit cards accounted for 7 per cent market share while debit cards represented 93 per cent.
RBI's Mastercard ban likely to create monopoly in credit card market in IndiaWhile homegrown platforms are expected to gain modestly, Visa's superior reward offerings to merchants and the government's zero Merchant D...
Ban on Mastercard may see a huge chunk of new business going to VisaWhile homegrown platforms are expected to gain modestly, Visa’s superior reward offerings to merchants and the government’s zero Merchant D...
RBL Bank's credit card issuance rate to be impacted post RBI's Mastercard ban"Our bank's current run rate of approximately 1,00,000 new credit card issuances per month could potentially be impacted till such time tha...
Issue cards only if you roll out POS machines: RBI to banksRBI Deputy Governor H R Khan today said that the central bank is mulling linking the debit card issuances to the number of point of sale ma...
- Banks can now issue debit cards without prior RBI approval
RBI asked banks to issue on line debit cards where there is an immediate debit to the customer's account, and where straight through proces...
- Financial transactions using debit cards overtook those using credit cards for the first time
The month of July saw the volumes of debit card transactions not just exceed those using credit cards, but achieve a gap of a more than a m...