Page 9 - Credit Cards

RBI prohibits issuance of unsolicited cards by issuers, warns of penalty

It also asked card issuers and third-party agents not to resort to intimidation or harassment during recovery of dues from customers

Pandemic-related stress on unsecured loan assets over: HDFC Bank

The unsecured lending book for the bank includes credit cards and personal loans

What is a payment gateway?

Most merchants today use payment gateways to accept purchases from customers. Let us know more about this technology which is making our transactions safe and quick

Mapping India's digital transactions

UPI is set to grow bigger now, after the RBI introduced it in feature phones. Other digital transaction platforms are growing as well. Find out the changing landscape of virtual transactions

You don't know it but we're involved in each of your card swipes: Fiserv GM

In a Q&A, Rishi Chhabra, who also heads the firm's India and Sri Lanka operations, dwells on his company's swift response to RBI's six-month moratorium and data localisation rules

Why not credit cards for NBFCs? A tale of tears behind the plastic smile

Retailing has been transformed in recent years, but the central bank still hasn't allowed NBFCs to issue credit cards

RBI, NBFCs in early talks to open up credit card business in India

To breathe life into 2004 circular on shadow banks' entry into this space

Credit card spends increase by over 47% in December, shows data

In the corresponding period last year, spends totalled to Rs 63,847.26 crore

Amazon's UK site backs away from plan to stop taking Visa credit cards

The online retailer said the change would not be implemented as planned on Wednesday

Private lender HDFC Bank issues record credit cards in third quarter

According to RBI data, at the end of August 2021, HDFC Bank's outstanding credit card base stood at 14.74 million

Kotak Mahindra Bank partners with IndiGo to offer co-branded credit cards

Essentially, the cards will work on a reward proposition of an airline ticket for free

Credit card spend crosses Rs 1 trillion first time in a month: RBI

Among major credit card players, ICICI Bank has been the most aggressive

Equitas Small Finance Bank partners with HDFC Bank to launch credit cards

The credit card can be availed in two categories

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

TMS, Ep 35: Credit card spend, JioPhone Next, markets and ethical hacking

What's behind the recent surge in Indians' credit card spending? Can JioPhone Next help make India '2G-mukt'? How is 'ethical hacking' different from hacking as we know it? Get all the answers here

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