Page 15 - Credit Card

Launched in 2019, Flipkart Axis Bank Credit Card surpasses 2 mn users

The card covers 18,000-plus pin codes, with nearly a million cards issued in under a year owing to the increase in online adoption and digital transactions

HDFC Bank aims to recoup credit card spend market share loss

Since August 2021, HDFC Bank's market share - in terms of spend - is down 170-basis points (bps).

Bharti Airtel ties up with Axis Bank to launch credit card

Bharti Airtel and Axis Bank on Monday announced the launch of Airtel Axis Bank Credit Card as part of a strategic partnership to strengthen the growth of India's digital ecosystem

NPCI focuses on new customers as it aims to expand RuPay credit card base

NPCI is focusing on gaining new customers to expand the indigenous RuPay-enabled credit card base, as the retail payments umbrella body is still a new entrant in this space, a top official said.

IRCTC users to get cheaper AC class tickets through BoB credit card

The card will also get multiple benefits for shopping across other categories ranging from groceries to fuel

IRCTC, NPCI, BoB arm launch co-branded credit card for railway customers

The Indian Railways' catering and ticketing arm along with NPCI and BOB Financial Solutions launched a co-branded credit card to tap the huge potential the market offers.

Visa, Amazon reach global deal over payment fees

This agreement includes the acceptance of Visa at all Amazon stores and sites

Credit card spends dip 11.6% in November after record show in October

November spends are still higher than pre-Covid levels, with 43% YoY growth

RBI extends card tokenisation deadline by six months to June 30, 2022

The earlier deadline was December 31, 2021

Credit card users spent Rs 39,000 cr on digital payments in 2021: Report

Expenditure on food and utility bills remained consistent during all months while food and beverages saw high spending after the lockdown restrictions were eased from July to October

RBI's push towards card security likely to hit merchants, lenders: Report

Merchants and bankers argue they have not been given enough time to comply with the changes that RBI wants to make effective Jan 1, 2022

Worldline partners with major card networks to launch tokenisation solution

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration

A snapshot of credit cards offered by various firms and their features

Here is how the features of credits cards offered by various companies stack up

Visa Inc's Amazon blues will shape the digital cash debate

E-commerce and social media giants could use this cash flowing into their tokens to offer credit to merchants, with repayments deducted on every sale at zero collection cost

SBI Card to raise Rs 2,000 cr by issuing bonds on private placement basis

SBI Cards and Payment Services (SBI Card) on Monday said it will raise Rs 2,000 crore by issuing bonds on a private placement basis

Want low-interest loan this festive season? Need a credit score over 750

In fact, you should monitor your credit score regularly because if it is low, it will take time to improve it

Festive season: Credit card spends jump 57% in September, shows data

Credit card spends are much higher than pre-pandemic levels.

Vistara partners with IndusInd Bank to launch co-branded credit card

The credit card will offer various benefits such as a complimentary business class ticket, membership of the airline's frequent flyer programme and lounge access

HDFC Bank ties up with Paytm to issue co-branded credit cards from Oct

The credit cards will be launched in October during the festive season to tap into the high consumer demand for credit cards

SBM Bank partners with OneCard to launch mobile-based credit card

SBM Bank on Monday said it has partnered with fintech player OneCard to launch a mobile-based credit card