MobiKwik launches UPI Payment with RuPay Credit Card

UPI allows users to use multiple bank accounts on the same platform. Till 2022, credit cards couldn’t be used on UPI. In June 2022, the Reserve Bank of India allowed linking credit cards with UPI. Following this, MobiKwik is the ..

Tags: Credit card • NPCI • RBI • RuPay Credit Card • UPI

Month: Current Affairs - February, 2023

Category: Economy & Banking Current Affairs - 2022

IndiGo launches its first co-branded credit card

India’s leading airline IndiGo recently launched its first co-branded credit card named ‘Ka-Ching’ in collaboration with HDFC Bank and MasterCard. The card is available in basic and premium version. The card vouches several benefits such as lounge access, priority check-in ..

Tags: Credit card • HDFC • Mastercard

To promote Digital Payment, SBI plans to eliminate Debit Cards

To provide a flip to the government’s vision to increase digital payments in India, the largest bank in India, the State Bank of India (SBI) plans to eliminate plastic debit cards. What is happening? As per the chairman of SBI, ..

Tags: Banking • Credit card • Debit card • Digital Banking • SBI

India’s first health-focused credit card launched by RBL Bank

India’s first health-focused credit card has been launched by RBL Bank and digital healthcare platform Practo. The co-branded health credit card is powered by Mastercard and is available on both Practo and RBL mobile apps and websites. It offers benefits ..

Tags: Credit card • Finance • Mastercard • Money

Paytm which is a Noida-based e-commerce payment system and digital wallet company has launched an option of recurring payments for its merchants to enable recurring payments. It has also started its own subscription business at an annual fee of Rs ..

Tags: Credit card • Debit card • Digital wallet • E-commerce • E-commerce payment system

Induslnd Bank launchs India’s first interactive credit card with buttons

Induslnd Bank has recently launched the India’s first interactive credit card with buttons called the IndusInd Bank Nexxt Credit Card. The card provides customers with the flexibility of 3 payment options at a Point of Sale (POS) terminal – credit, ..

Tags: Credit card • Electronic money institution • Financial services • Loyalty program • Money