Man loses Rs 9,800 after scratching a fake UPI cashback card; consumer commission orders Federal Bank to pay 17,800; know whyA man lost Rs 9,854 after falling for a fake UPI cashback scratch card scam. Federal Bank initially refunded the amount as required under R...
14 Aug, 2026, 01.15 PM IST
Myntra failed to deliver order, then cancelled without explanation: Customer lost chance to buy 5-gram gold at lower price; consumer court orders Rs 60,000 payoutMyntra has been ordered to pay Rs 50,000 in compensation and Rs 10,000 in litigation costs after a Kurnool consumer court found it failed t...
12 Aug, 2026, 01.14 PM IST
Rs 299 auto-debit you never signed up for? How that free 7-day trial can lead to UPI mandate for recurring debit - how to track these and revoke if neededOn the Google Play community page, a user recently shared a similar experience. They said, “I took a Rs 1 trial on Moj app, but Rs 699 was ...
02 Jul, 2026, 07.45 AM IST
CBSE refund update for Class 12 students: Here’s who may get money back after payment glitchesCBSE refund update for Class 12 students: CBSE has announced refunds for Class 12 students who were charged extra while applying for scanne...
24 May, 2026, 03.36 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 sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
22 Apr, 2026, 10.12 PM IST
Hack of the Day: How to claim compensation for failed UPI payments?Hack of the day: Learn how to claim a refund and possible compensation for failed UPI payments in India. If a UPI transaction fails but mon...
05 Feb, 2026, 12.31 PM IST
Sebi abolishes 1% security deposit requirements in public issuesMarkets regulator Sebi on Thursday abolished the requirement of a mandatory security deposit with the exchanges before a public issue in a ...
21 Nov, 2024, 06.04 PM IST
Court orders post office to pay 2,999,900% compensation to Chennai consumer for rounding off 50 paise excess amountA Chennai consumer lawsuit led to a post office being fined Rs 15,000 for overcharging due to a software glitch. The claimant, denied 50 pa...
23 Oct, 2024, 12.24 PM IST
How Bengaluru woman lost Rs 77,000 while returning spoilt milk to online grocery platformA 65-year-old woman in Bengaluru, Sophia, lost Rs 77,000 in an online scam while attempting to return spoiled milk bought from an online gr...
26 Mar, 2024, 02.33 PM IST
Sebi panel suggests abolishing security deposit requirement in public issuesAn expert committee formed by Sebi on Friday suggested to abolish the requirement of a mandatory security deposit with the exchanges before...
02 Feb, 2024, 08.06 PM IST
Failed WhatsApp UPI transaction? Here’s how to get your money backThere are chances that your UPI payment may get stuck or payment won’t be received by the recipient even after debiting from your account.
17 Oct, 2023, 02.04 PM IST
CCPA seeks RBI intervention on banks delaying refund in case of failed transactionsIn a letter to RBI Deputy Governor M K Jain, the Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare stated that 2,...
01 Jan, 2021, 12.29 PM IST
Airlines, OTAs battle fraud alerts, hoax calls to customers seeking refundsIndia's biggest OTA MakeMyTrip has issued alerts to its customers stating there are attempts being made by fraudsters to seek bank account ...
30 Mar, 2020, 09.29 PM IST
No ATM PIN for online transactions and other measures to make digital payments safeThe guidelines state that payment aggregators, such as Razorpay, CC Avenue etc., will now have to stop giving the option of using ATM PIN t...
19 Mar, 2020, 03.32 PM IST
Beware: One wrong Google search can wipe out your entire bank accountRecently, a woman in Bengaluru lost her entire bank balance when she dialled a fake Zomato call center to seek a refund for her order.
14 Aug, 2019, 12.01 PM IST
How to complain to digital payments ombudsmanRBI has instituted a dedicated grievance redressal mechanism for digital payments-related disputes. 21 ombudsman offices have been set up f...
11 Feb, 2019, 10.27 AM IST