Canara Bank fails to recover dues from credit card customer

Canara Bank has failed to prove that the person had applied for the credit card in the first place


Cabinet approves proposal to withdraw service charge on digital payments

The Union Cabinet has approved a proposal to withdraw the surcharge/service charge or convenience fee on digital payments


Withdrawing cash from a retailer with Payworld Cash Point

An authorised shopkeeper would be able to use a Payworld app on his smartphone to swipe a user’s debit card. Up to Rs2,000 can be withdrawn...


National Payment Corporation to launch two new cards

The National Payment Corporation of India plans to come out with new cards - a credit card and a payment card co-branded with Mudra Bank


RBI tightens norms for credit card billing

The Reserve Bank asked banks to levy any late payment penalty on credit card customers, or report them to credit information companies, only if the...


RuPay credit cards next year; to compete with Visa and Mastercard

RuPay, India's own card payment system floated by the National Payment Corporation of India (NPCI) would roll out RuPay Credit cards from next year


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