In the process of easing online card payments, Reserve Bank of India (RBI) relaxed the authentication norms for the payments up to Rs.2000. To add on to the convenience with sufficient security of online shopping for low value transactions, card issuers would offer payment authentication solutions for the respective card networks on an optional basis. […]
First things first – Using your credit card till it reaches the credit limit is not a good practice and should be completely avoided. You should not use more than 40% of your credit limit in any given month. A maxed-out credit card is a dangerous proposition because of several reasons. Firstly, a credit card […]
After the recent data theft of debit cards, the banking industry has tightened security aspects of cards and have urged customers to change passwords. Here are different kinds of card frauds and the necessary precautionary steps. Skimming This takes place when your card is inserted into an electronic device that copies and saves the […]
The wait for Apple fans in India is finally over! Apple’s much awaited iPhone7 and iPhone 7 plus has hit Apple re-seller stores in India. Key features Apple claims that the entire iPhone experience has been upgraded, which includes cutting-edge camera, superior battery life, water resistance, brighter and more colourful Retina HD display, immersive […]
If the word “cashback” is music to your ears then Paisabazaar is playing your tune! Presenting the Paisabazaar #CashbackKaBaap offer! Now enjoy cashback offers on credit card applications made through Paisabazaar.com. With festive season here, all the more reason you shouldn’t hold back from splurging … just do it with a credit card and save […]
Reserve Bank of India has decided to ask banks to contribute funds for the installation of point-of-sale (POS) terminals concerning the low usage of debit cards while making electronic payments. The introduction of Jan Dhan Yojana has increased a number of debit cards in the country, with more than 68 crore debit cards in circulation. […]
On Wednesday, the state cabinet of Bihar agreed upon the Student Credit Card Scheme (SCCS). This being one of the seven resolves ( Saat Nischay) of CM Nitish Kumar is touted to be one of his ambitious schemes. This was accompanied with the gazette notification of the new Bihar Prohibition and Excise Bill 2016 to […]
Today, credit cards have become an integral part of our lives, almost acting like a lifestyle statement. One of the key reasons for the popularity of credit cards is the convenience that they provide – they come to our rescue in times of cash crunch by providing short term loans with a 40 to 50 […]
The rapid strides that technology is taking often come with its own share of positives and unique challenges. With e-commerce and online retail options aplenty, life has become easier for us as we can make several purchases just by swiping our credit or debit cards. However, using your credit cards for purchases at websites of […]
Mid-sized lender Yes Bank has named Amit Sanan, the new group president and country head of mid-corporate banking. According to the bank, Amit would be responsible to drive growth of business in the key knowledge banking sectors apart from focusing on various digital banking solutions, cross sell and granular transaction banking. He would also […]
