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    Aleta Planet, a Singapore fintech firm, is set to enter the Indian market. The company will provide infrastructure for Visa debit cards, enabling quick launches for partners. Aleta also plans to introduce exclusive Sanrio-themed Visa debit and prepaid cards. These collectable cards featuring popular characters aim to attract a wide audience. ...Less

  • Bengaluru Police have filed an FIR against US-based NGO The Timothy Initiative (TTI) and six others after ...More

    Bengaluru Police have filed an FIR against US-based NGO The Timothy Initiative (TTI) and six others after the Enforcement Directorate alleged they illegally channelled Rs 92.55 crore into India through a network of foreign debit cards. ...Less

  • The Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds ...More

    The Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds allegedly sent into Left-Wing Extremism-affected areas. Nearly 95 crore rupees in illegal foreign funds are suspected to have reached Chhattisgarh and Assam. The agency will also ask the CBI to register a case under UAPA. ...Less

  • Dubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in ...More

    Dubai is revolutionizing its rental system with the 'Flexi Rent' program, allowing tenants to pay rent in monthly, quarterly, or semi-annual installments, moving away from the traditional cheque-based model. This initiative, backed by digital payment integration and partnerships with major real estate firms, aims to modernize the market and cater to evolving tenant needs. Landlords can offer flexible payment schedules and potential incentives, making renting more accessible. ...Less

  • Rajasthan's power companies are hiring for 2,005 positions including Junior Engineers, Accountants, and A ...More

    Rajasthan's power companies are hiring for 2,005 positions including Junior Engineers, Accountants, and Assistants. Applications open after a detailed notification in late July 2026. Candidates aged 18-28 with relevant diplomas or degrees can apply. The selection involves a written test, document verification, and medical check. Junior Engineers will earn Rs. 33,800 monthly. ...Less

  • Indian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees ...More

    Indian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer commission ruling in Ludhiana. The passenger received less refund than expected after cancelling a train ticket. Railways failed to inform the passenger about a bank deduction. The commission found this to be an unfair trade practice. ...Less

  • Any long-term investor knows that corrections are part of every bull run. But it is important that they b ...More

    Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is led by global or domestic factors. Why? Because the magnitude of a correction in terms of price damage, how long it lasts, and how the recovery shapes up are different for those sparked by global and domestic events. The latest correction in India probably is a mix of both. A war in the Gulf and an increase in oil prices leading to domestic problems: Fiscal pressure and the possibility of a spike in inflation. ...Less

  • EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, ...More

    EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital record corrections and improved user access. While these reforms promise greater convenience, longstanding issues such as data quality, employer dependence, pension complexities and grievance resolution remain challenges that will require sustained implementation efforts. ...Less

  • It is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, wh ...More

    It is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the internet for a specific item like a digital personal shopper. But the process was prone to errors and was not widely adopted by merchants due to the fee that OpenAI was charging merchants. The company retired Instant Checkout in March. ...Less

  • Contactless card payments on the rise as Indian shoppers swipe less, tap more

    Indian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates s ...More

    Indian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up to a third of total card swipes. This trend is driven by younger consumers and a preference for speed, as contactless payment infrastructure expands across the country. ...Less

  • PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraud

    Fake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims recei ...More

    Fake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages, leading them to download a malicious application. This scam resulted in a total loss of over Rs 31 lakh. A retired man lost Rs 8.68 lakh after falling for the trick. Police are investigating the incident and have registered a case. ...Less

  • Tap-and-pay takes off; ADIA to trim Lenskart stake

    Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in ...More

    Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch. ...Less

  • CBSE clarifies re-evaluation payments, says portal withstands cyberattack attempt

    CBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students ...More

    CBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students can use various payment methods like UPI, net banking, credit, and debit cards. This comes after confusion arose regarding specific bank account requirements. The portal successfully handled a cyberattack attempt. Many applications for verification and re-evaluation have already been processed. ...Less

  • Facebook privacy settlement checks coming from June 9 - here’s who qualifies, how much you’ll get and everything you need to know

    Facebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement p ...More

    Facebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement payment are now eligible for a second distribution. This comes from leftover funds in the settlement, with new checks and digital payments beginning to be distributed in early June. Approximately 15.7 million eligible recipients will receive smaller payouts automatically. ...Less

  • These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts

    If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs mi ...More

    If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these stocks under pressure at periodic intervals. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

  • Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystem

    The Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were h ...More

    The Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, in fact, still tight. But the bull case rested on an assumption: That households and companies would keep spending freely on travel, conferences, weddings, offsites, and premium stays. In hospitality, demand does not disappear first. The ability to pay does. Will higher inflation and trouble in the Gulf region change this equation? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

  • CBSE opens re-evaluation, answer book verification window from June 2 to June 6

    Students can now apply for verification of scanned answer books and re-evaluation of answers. The online ...More

    Students can now apply for verification of scanned answer books and re-evaluation of answers. The online portal is open until June 6. This facility is for students who have already received their scanned answer sheets. Fees apply for verification and re-evaluation. Students must submit all requests in a single application. ...Less

  • PNB customer alert: PSU bank suspends MasterCard network activity linked to Russia

    Punjab National Bank customers using MasterCard for international transactions face continued suspension ...More

    Punjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This action aligns with global sanctions. The bank also announced the discontinuation of complimentary airport lounge access for its MasterCard Platinum Debit Cardholders from June 1, 2026. New fixed deposit rates are effective from the same date. ...Less

  • UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billion

    Daily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher ...More

    Daily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consumer payments. ...Less

  • Mastercard to look beyond card biz; target tier 3 & 4 markets for growth

    Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional ...More

    Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. Mastercard is focusing on new customer segments and underserved markets. They are also developing solutions for commercial payments. Mastercard aims to be part of all emerging payment technologies. ...Less

  • CBSE says 40,000 students complete re-evaluation process without issues, portal open from June 2 to 6

    The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify sca ...More

    The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-evaluation. Nearly 40,000 students have already applied successfully. The portal is open from June 2 to June 6. Students can report issues like missing pages or incorrect evaluation. Fees apply for these services. ...Less

  • Foreign transactions on ICICI Bank debit cards to get costlier: Check revised fee structure for Coral, Rubyx and many other cards

    ICICI Bank is set to implement revised charges on several debit cards, including a significant increase i ...More

    ICICI Bank is set to implement revised charges on several debit cards, including a significant increase in Dynamic Currency Conversion (DCC) fees, effective June 21, 2026. Additionally, annual fees for various debit card variants will be adjusted, with some seeing an increase and one notable reduction. ...Less

  • Banks are cutting credit card perks quietly; Learn how to get more value from your wallet

    Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders t ...More

    Many banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategies. Experts advise optimising existing cards rather than cancelling them, diversifying across 2–3 cards, and using rewards strategically. Linking RuPay credit cards to UPI can boost benefits on everyday transactions. Ultimately, maximising value depends on understanding card features and aligning spending with reward structures. ...Less

  • Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risks

    Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limita ...More

    Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While cheaper than cards in select countries like UAE and Singapore, UPI acceptance is uneven, and backup payment options are essential. Users must be aware of transaction limits, potential failures, and fraud risks. ...Less

  • UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%

    UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value w ...More

    UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versatility. Digital payments saw explosive growth from 2021 to 2025. UPI's rise led to a sharp decline in debit card usage for everyday retail payments. ...Less

  • Credit card transactions jump 2.6 times in four years: RBI report

    Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded th ...More

    Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Debit card usage, however, decreased as consumers embraced digital payment methods like UPI and digital wallets. This shift highlights the rapid digitisation of India's payment ecosystem. ...Less

  • New PAN norms 2026: Where quoting is relaxed and where it’s now mandatory

    New Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and ...More

    New Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However, PAN is now mandatory for certain property transactions and annual cash withdrawals exceeding Rs 10 lakh. Form 97 replaces Form 60 for declarations without PAN. ...Less

  • Social Security Administration to send payments in May: Check date, eligibility, payment amounts and full schedule

    Social Security payments are scheduled for May 27 for millions of recipients. Beneficiaries born between ...More

    Social Security payments are scheduled for May 27 for millions of recipients. Beneficiaries born between the 21st and 31st of any month will receive their funds on this date. Payment amounts depend on individual earnings and retirement age. Retirement benefits average around $2,000 monthly. Direct deposit is the primary payment method. ...Less

  • Final May 2026 Social Security payment: Which SSA retirees, SSDI and survivor beneficiaries get up to $5,181 deposits Wednesday?

    Millions of retirees, disability recipients, and survivors await the last Social Security payment of May ...More

    Millions of retirees, disability recipients, and survivors await the last Social Security payment of May — but only a specific group qualifies for the May 27 deposit. The SSA will send retirement, SSDI, and survivor benefits to eligible beneficiaries born between the 21st and 31st. Some high earners may receive up to $5,181. As inflation keeps pressuring household budgets, this Social Security payment remains critical for rent, medicine, food, and financial stability across the United States. ...Less

  • SBI must pay Rs 5 lakh to woman despite 6-year delay in claim: Nagpur consumer panel

    A Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance cl ...More

    A Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance claim filed six years late. The commission cited the widow's mental shock after her husband's sudden death. It stated the bank failed to inform customers of their rights. The bank's refusal was deemed a deficiency in service. ...Less

  • Airline miles may not go as far as the Iran war drives up fuel costs and summer fares

    Airline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trip ...More

    Airline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes award travel more complex, strategic redemption and leveraging credit card sign-up bonuses can still offer significant savings for responsible cardholders. ...Less

  • UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal action

    UAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, ...More

    UAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Human Resources and Emiratisation. Failure to comply will result in penalties, including potential blacklisting and travel bans, with no grace period allowed for late payments. ...Less

  • RBI's new draft guidelines have digital wallets feeling the pinch

    Founders and senior industry executives told ET that the new draft guidelines released by the RBI on Apri ...More

    Founders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the current format, could shut down multiple business opportunities for the payments industry, which is already grappling with revenue generation challenges. ...Less

  • Withdraw EPF through UPI soon as government completes testing

    Employees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly ...More

    Employees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface. The government has completed testing of this new facility. ...Less

  • Bandhan Bank rolls out premium services for NRIs

    Bandhan Bank has launched new premium savings accounts – Elite, Elite Plus, and Legacy – for Non-Resident ...More

    Bandhan Bank has launched new premium savings accounts – Elite, Elite Plus, and Legacy – for Non-Resident Indian (NRI) customers. These accounts offer enhanced services, lifestyle benefits, and travel privileges, aiming to meet the evolving expectations of global customers seeking convenience and value-added banking experiences. ...Less

  • These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analysts

    It is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is ...More

    It is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both private and PSU banks operate in the same ecosystem and are equally impacted by what happens to the economy. What plays an important part in their stock price is the difference in ownership structure. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

  • UAE landlords can now check tenants’ credit scores before renting homes; here’s how the new system works

    Private landlords in the UAE can now access tenant credit scores. This new system requires tenant consent ...More

    Private landlords in the UAE can now access tenant credit scores. This new system requires tenant consent through the UAE PASS digital identity platform. The Etihad Credit Bureau facilitates this secure, consent-based data sharing. This initiative aims to increase transparency in the real estate market. The service was announced at GITEX 2025 and launched in April 2026. ...Less

  • Born out of microfinance, Bandhan Bank now bets big on AI and digital banking

    As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Exe ...More

    As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar Kesh explains how technology, AI, and data are reshaping lending, customer acquisition, and financial empowerment. ...Less

  • Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiative

    Tourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. Thi ...More

    Tourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, a collaboration between the UAE Central Bank, ICP, and ADCB, allows for instant cashless payments. The move aims to boost financial inclusion and accelerate the nation's digital payment ecosystem, enhancing the visitor experience. ...Less

  • Retailers plan to go all out in war against revised MDR on social media

    Retailers are planning a campaign to highlight how the latest revision in the charges they pay to enable ...More

    Retailers are planning a campaign to highlight how the latest revision in the charges they pay to enable debit card transactions is an anticonsumer move. ...Less

  • Spirit Airlines shuts down after 34 years; cancels all flights with immediate effect as fuel price surge hits operations

    Spirit Airlines has ceased all operations with immediate effect, canceling flights and advising passenger ...More

    Spirit Airlines has ceased all operations with immediate effect, canceling flights and advising passengers to avoid airports. The decision follows failed restructuring efforts, with a recent surge in oil prices and operational pressures leaving the company unable to secure necessary additional funding to continue operations. ...Less

  • Spirit Airlines stops flying with immediate effect: What travelers need to do about bookings and refunds

    Low-cost carrier Spirit Airlines has shut down operations. All flights are cancelled. The airline cites y ...More

    Low-cost carrier Spirit Airlines has shut down operations. All flights are cancelled. The airline cites years of financial struggles and rising jet fuel prices for the abrupt closure. Passengers are advised not to go to the airport. Refunds will be processed for credit or debit card purchases. Other compensation will be determined in bankruptcy court. ...Less

  • UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in March

    UPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilie ...More

    UPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sector is experiencing a slowdown, with new user growth also decelerating. NPCI is considering market share caps for larger UPI apps. ...Less

  • Lost SBI debit card? Here's how to block it

    Lost SBI debit card? Here's how to block it ...More

    Lost SBI debit card? Here's how to block it ...Less

  • How to activate SBI virtual debit card

    How to activate SBI virtual debit card ...More

    How to activate SBI virtual debit card ...Less

  • Now, re-charge your spending with the charge card

    The charge card provides consumers with a unique value proposition that brings the best of the three worl ...More

    The charge card provides consumers with a unique value proposition that brings the best of the three worlds – cash, credit and debit – into a single plastic. ...Less

  • Canara Bank increases debit card service charges with effect from Feb 13, 2023: Check details

    The bank has hiked charges on annual fee charges per annum, debit card replacement charges, debit card in ...More

    The bank has hiked charges on annual fee charges per annum, debit card replacement charges, debit card inactivity fee and more. ...Less

  • Can you access airport lounge without a credit card? Yes, these debit cards will help

    Debit card with airport lounge access: Not many people are aware of the fact the airport lounge can also ...More

    Debit card with airport lounge access: Not many people are aware of the fact the airport lounge can also be accessed without having a credit card. The banks issue debit cards to their customers with their savings bank accounts. These debit cards offer airport lounge access. Know the 12 debit cards that can get you airport lounge access. ...Less

  • Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps you

    Visa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing o ...More

    Visa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams. This means domestic Visa card payments for shopping, dining, and travel will be processed locally. Consumers will experience quicker transactions without any changes to how they use their cards. ...Less

  • How to convert purchase via SBI Debit card into EMI

    SBI offers an EMI facility for its customers using SBI debit card in order to purchase consumer durables ...More

    SBI offers an EMI facility for its customers using SBI debit card in order to purchase consumer durables from merchant stores by swiping their cards at POS or while buying online via e-commerce portals. ...Less

  • Delhi Police bust interstate fake visa, overseas job racket; three held

    Delhi Police have busted an interstate fake visa and overseas job racket that defrauded hundreds of job s ...More

    Delhi Police have busted an interstate fake visa and overseas job racket that defrauded hundreds of job seekers. Three individuals were arrested for luring victims with high-paying jobs in countries like Russia and Turkey, issuing forged visa documents through a fictitious firm. ...Less

  • These SBI debit cards will get deactivated by December 31

    SBI has asked those customers who applied for the EMV chip-based cards and have not yet received it to vi ...More

    SBI has asked those customers who applied for the EMV chip-based cards and have not yet received it to visit their home branch as soon. If you still have not got an EMV chip-based debit card, here is how you can get it. ...Less

  • SBI says customers can use debit cards without concern

    The Bank's response came to a clarification sought by stock exchange on recent reports on debit cards blo ...More

    The Bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach. ...Less

  • New senior citizen bank account with doorstep banking and healthcare benefits launched by Bank of Baroda; Know the details

    Bank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen ...More

    Bank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen Vishesh Samman' account offers healthcare benefits and doorstep banking services. Customers aged 60 and above can avail free online doctor consultations and discounts on medicines. The account also includes concessions on reverse mortgage loans and locker rentals. ...Less

  • Here’s how you can block your SBI debit card

    Here’s how you can block your SBI debit card ...More

    Here’s how you can block your SBI debit card ...Less

  • Customers hit with debit card decline charges

    The fees on declined transactions persist even as the government has capped merchant discount rate. ...More

    The fees on declined transactions persist even as the government has capped merchant discount rate. ...Less

  • UGC NET June 2026 registration begins: Direct link, important dates, eligibility, fees & how to apply

    The UGC NET June 2026 registration process has begun, with the National Testing Agency opening applicatio ...More

    The UGC NET June 2026 registration process has begun, with the National Testing Agency opening applications for the exam scheduled from June 22 to June 30 in CBT mode across 85 subjects. Conducted on behalf of the University Grants Commission, the exam determines eligibility for JRF, Assistant Professor roles, and PhD admissions. The application window remains open until May 20, with a correction facility available from May 22 to May 24, while admit cards are expected by June 15. ...Less

  • India Post Payments Bank to charge annual maintenance and re-issuance fees for virtual debit cards

    With effect from July 15, 2022, India Post Payments Bank (IPPB) has introduced annual maintenance and re- ...More

    With effect from July 15, 2022, India Post Payments Bank (IPPB) has introduced annual maintenance and re-issuance charges for its virtual debit cards. ...Less

  • Instant refunds on Flipkart for Visa debit card users

    The online marketplace and the leading debit card brand have launched the facility to drive process effic ...More

    The online marketplace and the leading debit card brand have launched the facility to drive process efficiencies and provide hassle-free experience to shoppers, they said in a statement. ...Less

  • Your debit card may have free life insurance cover without any policy number; Know how to claim it

    Insurance on debit card: Many banks like Kotak Mahindra Bank, Development Bank of Singapore (DBS) India, ...More

    Insurance on debit card: Many banks like Kotak Mahindra Bank, Development Bank of Singapore (DBS) India, HDFC Bank, State Bank of India (SBI), ICICI Bank offer an complimentary insurance on debit card provided the cardholder has fulfilled certain conditions. Read here to know how the insurance on debit card mechanism works and how can nominees claim it if the cardholder has died. ...Less

  • What is the per transaction limit for using contactless debit card

    Contactless cards allow for faster and more convenient payments at participating merchants in India witho ...More

    Contactless cards allow for faster and more convenient payments at participating merchants in India without the need to enter a PIN. The RBI has increased the per transaction limit for contactless card transactions based on stakeholder feedback and the benefits of contactless transactions during the COVID-19 pandemic. ...Less

  • Kotak Mahindra Bank Debit Card services will be unavailable on these days

    Kotak Mahindra Bank has announced that due to maintenance work, Kotak Bank Debit and Spendz Card services ...More

    Kotak Mahindra Bank has announced that due to maintenance work, Kotak Bank Debit and Spendz Card services would be unavailable for a few hours on these days. ...Less

  • Kotak Mahindra Bank hikes annual charges on debit cards: Check latest charges

    Customers of Kotak Mahindra Bank have received a letter informing them of an increase in annual debit car ...More

    Customers of Kotak Mahindra Bank have received a letter informing them of an increase in annual debit card fees that will be effective from May 22, 2023. ...Less

  • US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdown

    Spirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, f ...More

    Spirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel prices. The U.S. government has announced a relief plan for affected customers and the airline's 17,000 employees. Major carriers are capping ticket prices and offering reduced fares. Employee support includes job interview opportunities. ...Less

  • SBI debit card annual maintenance charges effective from April 1

    Here is a look at the revised annual maintenance charges of State Bank of India debit cards effective fro ...More

    Here is a look at the revised annual maintenance charges of State Bank of India debit cards effective from April 1. ...Less

  • Using your debit card without network? It will soon be possible

    Ever got stuck in a network breakdown while making a payment? Visa may soon have new debit cards that all ...More

    Ever got stuck in a network breakdown while making a payment? Visa may soon have new debit cards that allow people to make transactions up to Rs 2,000 without connectivity, says a TOI report. ...Less

  • Punjab National Bank launches prepaid ATM Debit card

    The release said that instead of carrying cash people can procure the prepaid ATM Debit Card with a minim ...More

    The release said that instead of carrying cash people can procure the prepaid ATM Debit Card with a minimum of Rs 500 and maximum of Rs 50,000 recharge. ...Less

  • Shoppers use debit cards more on ecommerce websites: Report

    In terms of value, credit cards were ahead at more than $10 billion compared with slightly less than $8 b ...More

    In terms of value, credit cards were ahead at more than $10 billion compared with slightly less than $8 billion for debit cards. ...Less

  • RBI asks banks to consider issuing debit cards with photograph

    To prevent the use of stolen cards, the RBI today asked banks to consider issuing debit cards with photog ...More

    To prevent the use of stolen cards, the RBI today asked banks to consider issuing debit cards with photographs of the cardholders on them. ...Less

  • Crypto card spending surges to $600 million monthly: How are crypto cards becoming one of 2026’s fastest-growing payment trends?

    Crypto card spending growth 2026: Crypto cards are experiencing a surge in popularity, with monthly trans ...More

    Crypto card spending growth 2026: Crypto cards are experiencing a surge in popularity, with monthly transaction volumes reaching approximately $600 million. This growth is driven by seamless integration with existing payment networks like Visa and Mastercard, enabling everyday spending of digital assets. ...Less

  • Paytm Bank to issue Visa virtual debit cards to its customers

    The bank said it is already the largest issuer of RuPay debit cards and has the "fastest growing" a/c bas ...More

    The bank said it is already the largest issuer of RuPay debit cards and has the "fastest growing" a/c base. Visa virtual debit cards would enable customers to transact at all merchants accepting payments through cards. For the first time, the bank's customers would also be able to make international transactions using their Visa debit cards, it said. ...Less

  • DBS Bank India launches relationship banking for globally-mobile, emerging affluent Indians

    DBS Bank India has launched DBS Aspire, a new banking proposition targeting the emerging affluent segment ...More

    DBS Bank India has launched DBS Aspire, a new banking proposition targeting the emerging affluent segment with a total relationship value of ₹10 lakh or a ₹2 lakh average savings balance. The offering provides premium banking access, including a dedicated relationship manager and zero forex mark-up on international spends, aiming to be a long-term partner as customers grow their wealth. ...Less

  • PNB trims ATM cash withdrawal limit by 50% for these debit cards: Check list of impacted cards

    Punjab National Bank is adjusting daily ATM cash withdrawal limits for certain debit cards starting April ...More

    Punjab National Bank is adjusting daily ATM cash withdrawal limits for certain debit cards starting April 1, 2026. Customers can now withdraw up to Rs 50,000 or Rs 75,000 daily depending on their card type. These changes aim to enhance security and customer safety. Limits for other card types and POS transactions remain unchanged. ...Less

  • How to block SBI debit card

    Customers of State Bank of India (SBI) can quickly stop their debit cards in the event of theft or loss b ...More

    Customers of State Bank of India (SBI) can quickly stop their debit cards in the event of theft or loss by contacting customer service, going to a bank branch, or using Internet banking. ...Less

  • Should you opt for three-month moratorium for debit card EMIs?

    If you have converted your debit card payments to EMIs to buy a phone, a consumer durable or converted yo ...More

    If you have converted your debit card payments to EMIs to buy a phone, a consumer durable or converted your e-commerce purchases to EMIs, you can avail of the three-month moratorium. Here is a look at how this will work. ...Less

  • RBI amends these debit card, credit card rules: What card holders should know

    Latest credit card, debit card rules: The RBI has requested business card issuers to put in place an adeq ...More

    Latest credit card, debit card rules: The RBI has requested business card issuers to put in place an adequate system to track the use of money. ...Less

  • How to activate/enable contactless payments on SBI debit card: Here are 3 ways

    SBI contactless debit cards can be used to make in-person purchases at merchant locations, pay online, an ...More

    SBI contactless debit cards can be used to make in-person purchases at merchant locations, pay online, and withdraw cash. ...Less

  • SBI hikes annual maintenance charges related to these debit cards from April 1, 2024: Check details

    SBI debit card charges: State Bank of India (SBI) has revised the annual maintenance charges related to c ...More

    SBI debit card charges: State Bank of India (SBI) has revised the annual maintenance charges related to certain debit cards. Here is a look at the revised annual maintenance charges effective from April 1. ...Less

  • How to block a debit card: 4 ways to block, hotlist PNB debit card

    How to block a debit card: Punjab National Bank (PNB) customers can follow any of the following processes ...More

    How to block a debit card: Punjab National Bank (PNB) customers can follow any of the following processes to block or hotlist their card. Note that debit cards, once hotlisted, cannot be de-hotlisted. ...Less

  • 40 per cent growth in debit card payments in April: RBI

    Reflecting buoyant economic activities, payments made through debit cards zoomed over 40 per cent to Rs 2 ...More

    Reflecting buoyant economic activities, payments made through debit cards zoomed over 40 per cent to Rs 2,508 crore in April, 2010, compared to the same month last year, according to the RBI. ...Less

  • India Post to issue five lakh new debit cards in next two months

    India Post has started issuing personalised debit cards to its savings account holders, plans to issue 5 ...More

    India Post has started issuing personalised debit cards to its savings account holders, plans to issue 5 lakh new debit cards over the next two months. ...Less

  • Debit cards come with free insurance of up to Rs 3 crore: You won't be eligible if you don't do this

    Debit card insurance: Certain variants of debit cards offered by DBS Bank India, Kotak Mahindra Bank, HDF ...More

    Debit card insurance: Certain variants of debit cards offered by DBS Bank India, Kotak Mahindra Bank, HDFC Bank, State Bank of India (SBI), ICICI Bank and others offer an free accidental insurance cover which is payable to the nominee or legal heirs of the debit card holder in the unfortunate case where the cardholder has died in an accident. ...Less

  • New ICICI Bank debit card rules from October 1, 2024: Airport lounge access rules for these 19 debit cards revised

    Latest on ICICI Bank debit cards: ICICI Bank has recently made important changes to the airport lounge ac ...More

    Latest on ICICI Bank debit cards: ICICI Bank has recently made important changes to the airport lounge access rules for specific debit cards. The revised criteria for qualifying for complimentary domestic airport lounge access will be applicable to the following cards. ...Less

  • NPCI changes RuPay debit card lounge rules from April 1, 2026: PNB, HDFC Bank, PSB and other banks to follow guidelines

    Airport and railway lounge access for RuPay Platinum debit cards will end on April 1, 2026. Customers wil ...More

    Airport and railway lounge access for RuPay Platinum debit cards will end on April 1, 2026. Customers will no longer receive complimentary lounge entry. Until then, access continues based on spending. Select debit cards will require meeting bank-specified spending criteria for lounge benefits. Banks may offer lounge access on customized cards. ...Less

  • Kotak Mahindra Bank customers will lose personal accident cover, purchase protection, lost baggage coverage & more on debit cards

    Kotak Mahindra Debit Card changes: Kotak Mahindra Bank has announced some changes in the facilities avail ...More

    Kotak Mahindra Debit Card changes: Kotak Mahindra Bank has announced some changes in the facilities available with the bank's debit cards. The bank will stop offering insurance benefits on its debit cards after July 20, 2025. Read on to know what insurance benefits you lose as Kotak Mahindra Bank customers. ...Less

  • ICICI Bank launches debit card facility for customers availing loan against securities

    The debit card will be issued to new customers who avail LAS and will be automatically renewed upon renew ...More

    The debit card will be issued to new customers who avail LAS and will be automatically renewed upon renewal of the LAS account.Customers get a digital debit card within one business day of availing LAS, which can be accessed on the Bank's mobile app iMobile. ...Less

  • Son fights for 9 years with HDFC Bank to get Rs 5 lakh accidental death insurance cover on debit card

    National Consumer Disputes Redressal Commission (NCDRC) has ordered HDFC Bank to pay Rs 5 lakh as acciden ...More

    National Consumer Disputes Redressal Commission (NCDRC) has ordered HDFC Bank to pay Rs 5 lakh as accidental death insurance cover to the son of its deceased customer. The deceased had a savings bank account with HDFC Bank and also an debit card. This debit card came with an accidental death insurance cover which is payable to the nominee of the debit card holder upon the cardholder's accidental death. ...Less

  • Visa terminates global debit card agreements with FTX

    FTX and Visa had announced an expanded partnership in early October, including plans to introduce account ...More

    FTX and Visa had announced an expanded partnership in early October, including plans to introduce account-linked Visa debit cards in 40 new countries. ...Less

  • Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket prices

    Spirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal ...More

    Spirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, 2026, Spirit Airlines is indeed preparing to cease operations. This follows the collapse of a high-stakes $500 million government rescue deal and the airline’s failure to unlock $240 million in restricted cash required to continue flying. ...Less

  • 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, ...More

    RBI asked banks to issue on line debit cards where there is an immediate debit to the customer's account, and where straight through processing is involved. ...Less

  • Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right now

    Spirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billio ...More

    Spirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carrier. Spirit's restructuring plan assumed jet fuel at $2.24 per gallon in 2026. The Iran conflict pushed prices to $4.51 per gallon overnight. That single miscalculation added $360 million in costs to an airline already bankrupt twice in 18 months. The era of cheap travel is over. Low fares cannot survive this inflation. Protect your money and act right now for help. ...Less

  • Debit card replacement charges: SBI, HDFC Bank, ICICI Bank, Yes Bank

    Debit card can be replaced for various reasons including when your card is misplaced or stolen, card is d ...More

    Debit card can be replaced for various reasons including when your card is misplaced or stolen, card is damaged. Here is a look at the debit card replacement charges of various banks, as per the websites. ...Less

  • New airport lounge access rules for 19 ICICI Bank debit cards effective from October 1, 2024

    New debit card rules: IICICI Bank has updated the airport lounge access regulations for specific debit ca ...More

    New debit card rules: IICICI Bank has updated the airport lounge access regulations for specific debit cards, effective from October 1, 2024. ...Less

  • Final call for $1,050! Millions warned payments are ending forever—are you eligible?

    Millions of people in California still have unused inflation relief money from COVID time. The payment ra ...More

    Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used before the final deadline. Many have not spent it yet and may lose it forever. This money was given to help with daily costs like food and fuel. People should check and use it quickly. ...Less

  • PNB proposes to hike withdrawal limit on these debit cards

    Punjab National Bank has proposed a change to the debit card transaction limit for premium variations. Th ...More

    Punjab National Bank has proposed a change to the debit card transaction limit for premium variations. The PNB website states that the bank intends to modify the restriction on all platinum variations. ...Less

  • 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, bu ...More

    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 million. ...Less

  • How to block SBI ATM cum debit card

    It is important to block your ATM-cum-debit card if it has been lost or fraudulent transaction has taken ...More

    It is important to block your ATM-cum-debit card if it has been lost or fraudulent transaction has taken place without your knowledge. Here are four ways to block your SBI ATM-cum-debit card. ...Less

  • How to enable, activate international transactions on your debit card

    It is wise to get an international debit card to make foreign transactions simple and secure. Further, ev ...More

    It is wise to get an international debit card to make foreign transactions simple and secure. Further, even at home, if you make online transactions via international websites, then too you will need to use your debit card. ...Less

  • India to have 1 billion debit cards soon, from just 84 million 10 years ago

    In August, debit cards were used for 1.16 billion transactions worth Rs 3.24 trillion, compared to 579 mi ...More

    In August, debit cards were used for 1.16 billion transactions worth Rs 3.24 trillion, compared to 579 million transactions worth Rs 1.6 billion in August 2013. ...Less

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