• 

  New rules for debit, credit cards kick in with tokenisation from today | FULL DETAILS

  Business | October 01, 2022 12:58 IST

  Debit credit cards tokenisation: On September 30, RBI said about 35 crore cards have been tokenised and the system is ready for the new norms which will set in from October 1. The number of tokenised cards had gone up from 19.5 crore tokens created in June, according to data shared by RBI earlier.

• 

  RBI wants you to memorise all your debit, credit card numbers, expiry and CVV | Here's why

  Business | August 22, 2021 14:37 IST

  If the Reserve Bank of India (RBI) revises the guidelines from January 2022, then the customers with debit cards and credit cards will need to punch in their 16-digit card number every time they proceed to make a transaction.

• 

  Paytm Bank to now issue Visa debit cards

  Business | March 18, 2020 12:04 IST

  The bank, known for introducing neo-banking in the country, is already the largest issuer of RuPay Debit Cards and has the fastest growing bank account base. Paytm Payments Bank will issue Visa virtual debit cards to its customers, which will enable them to transact at all merchants accepting payments through cards.

• 

  Millions of credit, debit cards with CVV up for sale on dark web; ALERT sounded

  Business | February 10, 2020 9:50 IST

  According to reports, the card records were uploaded on the cardshop on February 5. Moreover, the total estimated value of the database according to Group-IB is USD 4.2 million and this is not the first time that Group-IB has detected a fraud concerning the Indian payment cards.

• 

  RBI directs banks that credit, debit card users can enable, disable

  Business | January 16, 2020 7:30 IST

  To improve user convenience and increase the security of card transactions,the Reserve Bank of India (RBI) has asked all banks to give card users, credit and debit, the facility to enable/disable their cards for different types of use.

• 

  SBI plans to eliminate Debit Cards to promote Yono for digital payments

  Business | August 20, 2019 13:32 IST

  SBI has said that it wants to end 90 crore Debit Cards that is in circulation to promote digital payments like Yono platforms.

• 

  7 ways to protect yourself from credit, debit card frauds

  March 06, 2019 15:45 IST

  Cloning machines at various restraunts can capture the entire data of your card. There are ways you can protect yourself from such frauds.

• 

  Data breach hits 10,000 PNB credit, debit card customers, says report

  Business | February 22, 2018 22:53 IST

  Some 10,000 credit or debit card holders have been affected by a data breach reported by PNB, which is already reeling under a multi-crore rupee financial fraud by two fugitive luxury jewellers.

• 

  Govt to reimburse merchant discount rate on transactions up to Rs 2,000 through debit cards, BHIM UPI

  Business | December 15, 2017 18:34 IST

  The merchant discount rate (MDR) will be borne by the government for two years with effect from January 1, 2018 by reimbursing the same to the banks.

• 

  Debit, credit cards, ATMs will be redundant in 4 yrs: Niti CEO Amitabh Kant

  Business | November 11, 2017 21:47 IST

  Niti Aayog CEO Amitabh Kant on Saturday said that debit and credit cards as well as ATMs will be redundant in next three-four years and people will use their mobile phones for financial transactions.

• 

  Rise in cashless payments post note ban, 60 pc made through debit cards

  March 27, 2017 8:06 IST

  It seems that Prime Minister Narendra Modi’s vision of “cashless India”, of which currency demonetisation was the first strike, is on the right path.

Advertisement
• 

  32 lakh debit cards breach: Malware compromised systems in mid-2016, admits Hitachi

  February 09, 2017 16:49 IST

  India’s biggest ever security breach of over 32 lakh debit cards of various banks in 2016 now has some closure. Hitachi Payments Services on Thursday acknowledged that the malware that compromised the cards had infected

• 

  No MDR levy on customers for card payments at petrol pumps: Govt

  January 09, 2017 16:19 IST

  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.

• 

  Veerappa Moily-led Parliamentary panel to look into biggest-ever debit card data breach

  November 06, 2016 10:06 IST

  Veerappa Moily-led Parliamentary panel to look into biggest-ever debit card data breach

• 

  Over 6 lakh SBI customers to get new debit cards soon. Know the details here

  October 30, 2016 13:02 IST

  Over 6 lakh SBI customers to get new debit cards soon. Know the details here.

• 

  ‘Use bank’s own ATM network as pro-active measure’: SBI’s advice for its customers

  October 21, 2016 17:14 IST

  After the security breach of around six lakh debit cards, the nation's largest lender State Bank of India (SBI) has advised its customers to make use of the bank’s own ATM network instead of other

• 

  Leading banks recall 32 lakh debit cards over security breach; govt says ‘they are safe’

  October 20, 2016 23:54 IST

  In biggest ever security breach of over 32 lakh debit cards of various banks, several banks have recalled a large number of cards while others such as, HDFC Bank, have urged customers to change their

• 

  No need to panic, debit cards are safe, says Finance Ministry

  October 20, 2016 22:05 IST

  In the midst of fear due to security breach of over 32 lakh debit cards of various banks, Finance Ministry on Thursday sought to calm people down by saying that they constitute only a small

• 

  RBI asks banks to upgrade ATMs to prevent cloning of cards

  May 26, 2016 21:53 IST

  Mumbai: RBI today asked banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards. The Reserve Bank noted that while the POS terminal