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DEBIT DEFINITION
SIP without outcome: Many investors do it randomly without linking to life goals; how to make it workMost people do not underinvest because they are unaware of the reality or are careless. They underinvest because nobody showed them the fut...- 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...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- At gas stations, Americans say they're 'paying the price' of Iran warAt a gas station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as spiking fuel prices ...
- Payments body writes to PMO, seeks return of MDR on UPI for large merchants and RuPay debit cardsIn a letter written to the PMO earlier today, the Payments Council of India said that more than 90% of merchants are small, and hence will ...
- Debit cards come with free insurance of up to Rs 3 crore: You won't be eligible if you don't do thisDebit card insurance: Certain variants of debit cards offered by DBS Bank India, Kotak Mahindra Bank, HDFC Bank, State Bank of India (SBI),...
- Reward points, e-vouchers out of crypto tax ambitGiven the wide definition of VDA, there were concerns that these assets acquired through regular transactions could be subject to crypto ta...
- PNB collected Rs 268 cr as ATM transaction charges, annual maintenance fee in FY20Punjab National Bank collected around Rs 268 crore as ATM transaction charges and annual maintenance fee on debit cards during 2019-20 fisc...
- RBI eMandate nod paves way for auto-debits by fintech firmsThe retail payments body has asked banks to implement both the emandate measures by June 30.
- What India pays the world & what it gets backThe value of what India imports vastly exceeds what it exports, spelling concern for our balance of payment (BoP) position.
- Vague RBI guidelines see banks cap PM's Jan Dhan Yojana accountsTo complicate matters, instead of speaking about withdrawals or ATM withdrawals, the guidelines desc ribe withdrawals as all debit transact...
- PNB to block all Maestro debit cards from July 31The bank has identified that there are about one lakh customers with old Maestro debit cards and is asking them to replace the cards by the...
- Banks rush to buy cyber security cover as digital payments riseThere are various cyber insurance covers available in the country, but it is the cyber liability insurance which is in maximum demand for t...
- Not difficult to have 50% cashless payments in Goa: Manohar ParrikarPointing out that Goa government departments are also increasingly going cashless, Parrikar said there are some difficulties to make revenu...
- Ecommerce ‘clicks’ well as plastic money usage sees an increaseBanks say the new-age sector has been one of the main forces pushing sales and transaction values of credit and debit cards in India.
- Syndicate Bank aims for 15% loan growth in 2012-13Syndicate Bank is targetting a loan growth of 15 per cent and net interest margin of over 3 per cent in 2012-13, a top official said today.
- Rise in credit card spending signals return of confidence: VISAIn an interview with ET Now, group executive, international, Elizabeth Buse VISA’s operations talks about the exponential growth of debit c...
- Bankers hails additional authentication for card purchasesReserve Bank's move to make additional authentication mandatory for credit/debit card online purchases from tomorrow, is expected to effect...
- Plastic purchases in India may grow over 50% in 5 yearsIn the last two years, the spending pattern through plastic money has changed drastically. Travelling, dining and jewellery are the top thr...
- Indians get elastic with plastic moneyAccording to credit card firms, consumers spend Rs 50,000 crore annually and it is only expected to grow.
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