National Payments Corporation of India

FM asks banks to push for cashless transactions

November 25, 2016

Finance Minister Arun Jaitley has asked banks to push for cashless transactions by promoting digital banking in mission mode. Post demonetisation, the government not only aims to weed out black money but also encourages digital payments to steer the Indian economy increasingly towards digital transactions. Banks have been advised...

Basic Knowledge about Debit Card and Credit Card

April 28, 2015

A debit card is a plastic card that provides a cardholder electronic access to his / her bank account. It can be used to withdraw funds or to make purchases using money in the bank account. Since a debit card is essentially linked to a checking account (saving /...