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Card payments News

09 Nov 2017

PayPal launches India operations: 5 things you need to know

PayPal will be able to process both local and global payments.

28 Sep 2017

Card payments push may land banks with a Rs 3,800 crore annual hole

The issuing bank involves the cost of issuing the cards and also manages other risks relate to card holders like failed transactions and frauds.

digital payments

06 Feb 2017

Card, Aadhaar enabled payments at all PDS, fertiliser depots soon

In a major push for cashless transactions, PoS machines for credit/debit card as well as Aadhaar-based transactions will be installed at all PDS shops and fertiliser depots over the next few months.

digital payments

24 Jan 2017

Transactions through card may become cheaper

09 Jan 2017

Dispute over card payment in petrol pump solved

08 Jan 2017

Petrol pumps to not accept credit/debit card payments across India from Monday

With banks deciding to imposed transaction (MDR) charges on them instead of consumers, petrol pumps across India will not accept credit and debit card payments for fuel sales from Monday.

23 Nov 2016

Demonetisation: Paytm launches ''App POS'' for small merchants to accept debit, credit cards

India`s largest digital wallet and payment company Paytm on Wednesday updated its app to launch India`s first APP POS allowing all small and medium merchants to accept all card payments including Rupay, Visa, MasterCard and Maestro.

24 Feb 2016

Govt scraps surcharge, service charge, convenience fee on card payments

With an aim to discourage cash transactions, the Cabinet Wednesday approved withdrawal of surcharge, service charge and convenience fee on card and digital payments.

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