Apple informed its customers in May 2022, that they will not accept Indian credit and debit cards for app purchases or subscriptions in the near future, as per the new norms from the RBI. Customers could use the UPI mode for payment and could also store money in their Apple wallet which could further be used for payments.
The Reserve Bank of India has limited the liability of customers in cases of loss caused due to fraud and unauthorised transactions - both online and through cards
Petrol pump owners tonight deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge.
Taken aback by the sudden move of banks to levy 1 per cent transaction fee on card payments at petrol pumps, the owners will stop accepting plastic money from Monday. “In view of the debit
To encourage widespread usage of digital payments post demonetisation, a group of top secretaries formed by the Centre post demonetisation has advised the government to roll out more user-friendly modes of payments.
Days after the central government asked banks to lower charges on debit card transactions in its push for cashless transactions, the Reserve Bank of India has voiced its concerns, saying the government’s move will make the business unsustainable for
At a time when the government is pushing citizens to adopt cashless and digital economy, a study has revealed that a hacker can take just six seconds, a laptop and an internet connection to hack
New Delhi: President Pranab Mukherjee Thursday dedicated to the nation indigenous card payment network called RuPay taking on the global players like Visa and MasterCard.The new payment network developed by the National Payments Corporation of
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