Page 10 - Credit Cards

How debit, credit cards and ATM cash withdrawal are bellwether for GDP

Debit cards aren't just for the affluent--two-thirds of Indians use them. There is little reason not to track their use to predict economic growth

Choose a fuel co-branded card that offers wide coverage, great rewards

Since these cards have high interest charges, avoid using them when you wish to revolve credit

HDFC Bank issues 400,000 credit cards after regulator lifts embargo

The record issuance is as of September 21, 2021, and marks the aggressive growth path the bank has embarked on post the embargo

New recurring payment norms from Oct 1: Banks, card issuers in a tizzy

Customers are being notified about changes, and alternative methods of payments

Private lender YES Bank resumes credit card issuance with Visa tie-up

Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards

HDFC Bank, Paytm launch Visa-powered credit cards ahead of festive season

The partnership aims to provide one of the widest range of offerings across customer segments, with special focus on millennials, business owners and merchants

Private lender RBL Bank resumes credit cards issuance to new customers

Plans to issue 1.2-1.4 million cards in the current financial year (FY22)

Explained: What tokenisation means and how it will affect card users

Transactions will be smooth after one-time tokenisation

Align credit card perks with your spending behaviour, say experts

Paying hefty annual fee is justified if you can extract higher benefits from the card

Visa repositions its brand to shed cards entity image

It wants to be known as a payments network and player in the digital payments arena

ICICI Bank gained more than 1.3 million credit cards since December

ICICI Bank was been the biggest gainer in the December-June period

SBI Card raises Rs 500 cr by issuing bonds on private placement basis

SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore by issuing bonds on a private placement basis.

YES Bank may have to forgo issuing 100K cards; inks pact with RuPay

The bank has tied up with National Payments Corporation of India for issuing RuPay cards and will ink a similar deal with VISA

RBL Bank enters into agreement with Visa for issuing credit cards

The bank is expecting to start issuing credit cards on the Visa payment network post the technology integration, which is expected to take 8 to 10 weeks

HDFC Bank's loss is ICICI Bank's gain on credit cards: Check details here

Between December and May, HDFC Bank's credit card kitty saw a drop of 528,447 cards while that of ICICI Bank increased 1.16 million, the highest by any lender during the period

We are the Tesla of credit cards: Slice founder & CEO Rajan Bajaj

We have a non-banking financial company (NBFC) that provides the financing for transactions.

Air India servers hacked; passengers' passport, credit card data leaked

Airline has set up a special cell to communicate with impacted customers

ICICI gains at HDFC Bank's expense, issues 665,000 incremental credit cards

The RBI directed HDFC Bank to halt all its digital launches as well as new sourcing of credit card customers

HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat

A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say

End of the plastic smile: Tectonic change is roiling credit card industry

Tectonic change is roiling the credit card industry, and the rules of the game are being reset