Debit cards

What are new Guidelines issued by RBI on Issuance of Credit and Debit Cards?

Created: April 23, 2022

On 21st April 2022, the Reserve Bank of India (RBI) issued a fresh set of guidelines for the issuance of debit and credit cards. These newly issued guidelines will come into effect from July 1 2022 and will be applicable ..

Tags:  • • • •

Month: 

Category:  •

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

Created: December 29, 2019

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 to start campaigns to popularize ..

Tags:  • • • •

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

Created: September 27, 2019

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 of Team Visa for the ..

Tags:  • • • •

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

Created: March 5, 2019

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 first indigenously developed payment platform ..

Tags:  • • • •

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

Created: September 10, 2012

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 debic card, launched by NPCI ..

Tags:  • • • •

Month: