debit cards
- India
New rules for debit, credit cards begin with tokenisation today
New Delhi: The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens…
- India
Memorise your 16-digit card number! It’s likely to be mandatory for online payments
New Delhi: In its revised set of guidelines, the Reserve bank of India (RBI) could make it mandatory for credit and debit card holders to enter 16-digit card number every time they…
- India
New security rules for debit and credit cards usage by RBI
New Delhi: Reserve Bank of India (RBI) has notified new rules to improve the security of the debit and credit cards. These rules will be applicable from 16th March. New cards As…
- India
SBI introduces OTP-based withdrawal system – Here’s how it works
Mumbai: State Bank of India (SBI) introduced One Time Password (OTP) based cash withdrawal system from 1st January 2020 across all its ATMs. With the introduction of this new system, customers will…
- India
SBI to deactivate these debit cards
New Delhi: State Bank of India (SBI) to deactivate the old magnetic stripe debit cards. Customers of the bank need to switch to EMV-chip-based card by 31st December 2019. These cards will…
- Business
SBI aims for card-less withdrawal, eliminate debit cards
Mumbai: Indian Government’s largest lender SBI is planning to eliminate debit cards from the banking system and instead promote more digital payment solutions like it’s own ‘Yono’ platforms. “…it is our wish to…
- Business
Not charging extra for digital transactions: Paytm
NEW DELHI: Digital wallet Paytm on Monday refuted reports that it is going to charge users extra amount for digital transactions on its platform. “We would like to clarify that Paytm app/payment…
