This is due to drop in transactions in travel, logistics and real estate, but adoption of digital payments has grown in tier II, III cities.
24 Apr 2020 7:50 PM
The survey also revealed that Indian outbound tourists spent maximum on shopping — duty-free goods, electronics and jewellery.
27 Sep 2019 1:57 PM
SBI customers can withdraw cash from ATMs for 8-10 times without any charges.
24 Sep 2019 1:04 PM
For debit cards, the fees are on average between 0.40 per cent and 0.80 per cent of the transaction amount.
20 Aug 2019 8:30 AM
The devices, known as skimmers, use Bluetooth to transmit the data they steal.
15 Aug 2019 10:09 AM
Pine Labs already powers debit EMI for Axis Bank, ICICI Bank, SBI and HDFC Bank customers.
07 Aug 2019 9:53 AM
Between October and March, debit cards in circulation declined by 73 million despite banks offering cards to new account holders.
24 May 2019 2:25 AM
In December 2017 alone, 187 cases with losses touching Rs 33.73 crore was reported.
17 Mar 2018 10:17 AM
RBI clarified that it has not given any licence to any entity to operate such schemes or deal with bitcoin.
13 Feb 2018 3:34 PM
MDR is the rate charged to a merchant by a bank for providing debit and credit card services.
07 Dec 2017 10:40 AM
A precise recollection of past spending has an effect on the willingness to spend money in the future.
12 Nov 2017 5:40 PM
The special edition debit card will be available to customers who open an 811 account from August 8, 2017 to September 15, 2017.
08 Aug 2017 9:12 PM
The police is investigating the case and getting the details of the last transaction on the complainant’s debit card.
17 Jul 2017 2:00 AM
Digital transactions in all modes increased by 23 per cent to 27.5 million from 22.4 million.
16 Jul 2017 1:27 PM
Overall reduction affected by oil marketing companies to promote digital transactions.
27 Apr 2017 10:08 AM
After banks’ announcement, petrol pump owners too deferred their decision, and said that they would accept card payments for now.
10 Jan 2017 1:08 AM
Kandasamy said that a majority of people in villages in Puducherry do not know how to use the cards as most hamlets do not have machines.
09 Jan 2017 6:30 PM
He alleged that the transactions were made when the debit card was with him, and he had not revealed card details to anyone.
06 Jan 2017 11:08 AM
Acclaimed DJ responded to ‘over-working’ claims.
13 Dec 2016 1:18 AM
Issue foreign cards by default; traders stick to cash.
06 Dec 2016 2:10 AM