Debit cards: GK, General Studies and Current Affairs

Finance minister: MDR charges not applicable for RuPay and UPI from 2020

On December 28, 2019, Finance Minister Nirmala Sitaraman announced that Merchant Discount Rate (MDR) will not be applicable on bank transactions made through RuPay and UPI platforms. Highlights The Finance Ministry has directed the banks ..

PV Sindhu becomes an athlete member of Team Visa for Olympic Games Tokyo 2020

Payment technology company Visa has appointed world badminton champion Pusarla Venkata Sindhu (PV Sindhu) as its brand ambassador for two years. Besides promoting the brand through advertising campaigns, Sindhu has also become an athlete member ..

PM Modi launches a National Common Mobility Card (NCMC) in Ahmedabad

On 4th March, Prime Minister Narendra Modi launched a National Common Mobility Card (NCMC) in Ahmedabad, Gujarat, which will function on the “One Nation One Card” model across the country. The NCMC is the India’s ..

RuPay cards will be acceptable at all PoS by January, 2013: NPCI

As per National Payment Corporation of India (NPCI), RuPay cards will be acceptable at all PoS (Point of Sales) terminals in the country from January, 2013. What are RuPay cards? RuPay card is a domestic ..