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US PAYMENT CARD RULES
US Congress advances penny phaseout bill: What it means for you, the rounding rules, and how cash transactions could changeCongress is moving to end the production of one-cent coins for general circulation. The proposed Common Cents Act allows retailers to round...- Apple Pay coming to India in October, UPI support may be delayed: ReportApple Pay may launch in India this October without UPI support. The service will initially use tokenized Visa and Mastercard credit cards. ...
- US moves immigration filings online: What it means for green card, citizenship and asylum applicantsThe US is transitioning towards mandatory online filing for immigration applications. This new rule allows USCIS to require electronic subm...
- Zero forex markup credit cards: Does it mean zero cost? Check this before your international travelPlanning an international trip? A 'zero forex markup' credit card promises savings, but hidden charges and fluctuating exchange rates can s...
- US set to make online filing of immigration applications mandatoryThe US will make online applications mandatory for a range of immigration benefits, including green cards, citizenship and asylum, under a ...
- India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
- H-1B visa rule changes: US expands $4,000 fee as Indian workers raise Green Card backlog concernsThe US Department of Homeland Security has expanded the $4,000 H-1B and $4,500 L-1 biometric fee to cover same-employer extensions filed by...
- H-1B, L-1 biometric fee hike: Who has to pay the extra $4,000 and $4,500 under new US rule?The US Department of Homeland Security has expanded the $4,000 H-1B and $4,500 L-1 biometric fee to same-employer visa extensions from Sept...
- Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
- US moves to scrap 60-day H-1B grace period: What it could mean for IndiansThe US may end the H-1B 60-day grace period after job loss. Here's what the proposed 2026 H-1B change could mean for Indian workers, H-4 fa...
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- India must not rewrite its UPI policies under US pressure: GTRIIndia's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...
- UPI transactions above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
- United States Immigration and Customs Enforcement rules get tougher: Could one missing document cost you?USCIS now rejects incomplete visa and green card applications immediately. Applicants must submit all required documents from the outset. T...
- RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
- USCIS empowers officers to deny incomplete immigration benefit requestsUSCIS officers now have discretion to deny incomplete immigration applications. Applicants must provide all required documents to establish...
- UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
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