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Debit Cards News

What is the Difference Between RuPay Card and Visa Debit Card?

The launch if the RuPay card from the National Payments Corporation of India (NPCI) have raised the question on how is it different from the Visa Debit Card, MasterCard and AmEx etc., for many individuals. RuPay is India's own domestic card ...

Contactless Debit Cards, Credit cards: What You Should Know

Banks are increasingly coming up with contactless debit and credit cards. ICICI Bank, HDFC followed by SBI launched the contactless cards. Contactless cards will have contactless symbol on the cards. Using the card is simple and there is no need ...

RBI allows cash withdrawal of upto Rs 1K/day via prepaid cards

Mumbai: The Reserve Bank Thursday allowed cash withdrawals of up to Rs 1,000 a day through prepaid cards, including gift cards, issued by banks from point of sale terminals, a move aimed at enhancing customer convenience in using plastic money. ...

Chip and PIN debit cards from June 30

Following an RBI directive, PIN and chip enabled debit cards would now come into force from June 30, 2013, thus providing additional security for debit card and online transactions. While the chip card will process data securely, the PIN will ...

50 crore debit cards in three years, says ASSOCHAM

About 54 crore bank customers in India are expected to be issued debit cards in the next three years marking an impressive rate of inclusive banking. However, the number of credit cards would remain at less than three crore in ...

After cheques, RBI says certain debit cards need to be discontinued

Close on the heels of issuing guidelines for the use of CTS compliant cheques, the RBI has now said that all debit cards without PIN number will have to be PIN compliant. These will also include co-branded debit cards where ...