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How To Get A Business Class Upgrade Without Spending Big: 7 Insider Tricks
If you are looking for ways to upgrade your flying experience, follow these clever tricks to enjoy better travel without spending more.
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India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
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Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
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Number Of Credit Cards More Than Doubled In 5 Years: RBI
The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report.
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How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
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Kotak Mahindra Bank Down By 12% As Markets Decline In Early Trade
Equity benchmark indices declined in early trade on Thursday, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows.
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Should Existing Kotak Mahindra Bank Customers Be Worried Over RBI Curbs?
Kotak Mahindra Bank must immediately stop onboarding new customers through its online and mobile banking channels and issuing new credit cards, the Reserve Bank of India said as it flagged "serious deficiencies and non-compliances".
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RBI Curbs On Kotak Mahindra Bank: No New Online Customers, Credit Cards
Citing data security concerns, the Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect. The bank can, however, continue to serve its customers
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PhonePe Launches Feature to Pay Income Tax Through Its App
Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said.
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Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
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Visa Terminates Global Debit Card Agreements With Collapsed Crypto Exchange FTX
Visa on Sunday said that it was severing its global credit card agreements with crypto exchange FTX after it collapsed last week. The crypto platform's US debit card program is being wound down by their issuer, according to Visa. FTX and Visa had announced plans to introduce account-linked Visa debit cards in 40 new countries in October.
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Amazon Great Indian Festival 2022 Records Highest Growth in Festive Season, Smartphone Sale Dominates
E-commerce platform Amazon India has recorded the highest growth in the festive season sale, with 80 percent of the buyers coming from Tier 2 and beyond towns. Mobiles and accessories saw strong double-digit growth this season as compared to Amazon Great Indian Festival (AGIF) 2021 and 5 times higher when compared to average business days, with 80 ...
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RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers Say
The Reserve Bank of India (RBI) is unlikely to extend the deadline for businesses to use card tokenisation, a layer of security for credit card data, according to bankers and merchants. Smaller merchants have demanded a delayed deadline, but the RBI has not provided any indication that it would extend the compliance date. The central bank first int...
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New Rule For Your Credit Card Begins On Saturday. Details Here
India's central bank is unlikely to extend a Friday deadline for businesses to set up an additional layer of security for consumers' credit card data even after some concerns remain over payments failing and revenue losses, say bankers and merchants.
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RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move
The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.
-
How To Get A Business Class Upgrade Without Spending Big: 7 Insider Tricks
If you are looking for ways to upgrade your flying experience, follow these clever tricks to enjoy better travel without spending more.
-
India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
-
Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
-
Number Of Credit Cards More Than Doubled In 5 Years: RBI
The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report.
-
How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
-
Kotak Mahindra Bank Down By 12% As Markets Decline In Early Trade
Equity benchmark indices declined in early trade on Thursday, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows.
-
Should Existing Kotak Mahindra Bank Customers Be Worried Over RBI Curbs?
Kotak Mahindra Bank must immediately stop onboarding new customers through its online and mobile banking channels and issuing new credit cards, the Reserve Bank of India said as it flagged "serious deficiencies and non-compliances".
-
RBI Curbs On Kotak Mahindra Bank: No New Online Customers, Credit Cards
Citing data security concerns, the Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect. The bank can, however, continue to serve its customers
-
PhonePe Launches Feature to Pay Income Tax Through Its App
Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said.
-
Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
-
Visa Terminates Global Debit Card Agreements With Collapsed Crypto Exchange FTX
Visa on Sunday said that it was severing its global credit card agreements with crypto exchange FTX after it collapsed last week. The crypto platform's US debit card program is being wound down by their issuer, according to Visa. FTX and Visa had announced plans to introduce account-linked Visa debit cards in 40 new countries in October.
-
Amazon Great Indian Festival 2022 Records Highest Growth in Festive Season, Smartphone Sale Dominates
E-commerce platform Amazon India has recorded the highest growth in the festive season sale, with 80 percent of the buyers coming from Tier 2 and beyond towns. Mobiles and accessories saw strong double-digit growth this season as compared to Amazon Great Indian Festival (AGIF) 2021 and 5 times higher when compared to average business days, with 80 ...
-
RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers Say
The Reserve Bank of India (RBI) is unlikely to extend the deadline for businesses to use card tokenisation, a layer of security for credit card data, according to bankers and merchants. Smaller merchants have demanded a delayed deadline, but the RBI has not provided any indication that it would extend the compliance date. The central bank first int...
-
New Rule For Your Credit Card Begins On Saturday. Details Here
India's central bank is unlikely to extend a Friday deadline for businesses to set up an additional layer of security for consumers' credit card data even after some concerns remain over payments failing and revenue losses, say bankers and merchants.
-
RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move
The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.
