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Feb 20, 2017 at 15:23 | Source: Moneycontrol.com
Soon paying for your cinema ticket or buying prescription pills over the counter will become easier and less time conusming. In a move to make retail payments seamless, the RBI today introduced BharatQR or quick response platform.
Feb 16, 2017 at 20:16 | Source: PTI
The Reserve Bank will start reimbursing MDR charges to banks for payments made since January 1 through debit cards by citizens, in line with the government's move to further digital solutions.
Feb 16, 2017 at 17:19 | Source: Moneycontrol.com
MDR is the rate charged by banks to merchants for providing debit and credit card services
Feb 13, 2017 at 08:28 | Source: PTI
This is despite the fact that the industry base for cyber insurance is currently as low as Rs 60 crore.
Feb 10, 2017 at 09:42 | Source: PTI
The fund allocated by Finance Minister Arun Jaitley towards reimbursement of MDR charges for the next fiscal is four times the amounted expected to be released this fiscal.
Feb 08, 2017 at 14:10 | Source: PTI
IFFCO and Bank of Baroda yesterday signed a Memorandum of Understanding (MoU) in this regard. The pact was signed by Yogendra Kumar, General Manager (Marketing), IFFCO and GB Panda, General Manager (government relationships), Bank of Baroda.
Feb 08, 2017 at 09:00 | Source: PTI
BoB is promoting cashless transactions and as such, intends to have arrangement with IFFCO for issuance of co-branded cards to the farmers, a joint statement said.
Feb 07, 2017 at 16:00 | Source: PTI
"RBI is deciding on this....this is work in progress. I am sure as volumes (of digital transactions) are increasing, the charges will come down," the Finance Minister told members of the Rajya Sabha during the Question Hour.
Feb 07, 2017 at 12:10 | Source: Moneycontrol.com
Even as high-denomination currency is back in circulation, people have begun exploring alternative digital modes like Immediate Payment Services (IMPS) and Unified Payments Interface (UPI), suggests a report by Business Standard today.
Feb 06, 2017 at 19:56 | Source: PTI
The famous Saibaba temple here received income of Rs 403.75 crore in various forms, including Rs 258.42 crore in donations, during the calender year 2016.
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The Reserve Bank will start reimbursing MDR charges to banks for payments made since January 1 through debit cards by citizens, in line with the government's move to further digital solutions.

8.16 PM Feb 16th

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Fertiliser major IFFCO has tied up with Bank of Baroda to launch co-branded debit cards for farmers as part of strategy to promote cashless transactions in the rural area.

2.10 PM Feb 8th

Budget  

this is good suggestion indian bank association has already launched Rupay for debit cards they should also launch same for credit cards.

2.29 PM Feb 1st

makeprofitz

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3 crore Kisan Credit Cards will be converted into RUPAY debit cards soon, says President

11.47 AM Jan 31st

Budget  

or religion status 4. Drastically reduce the income tax because people are paying lot of indirect tax 5. Make debit card and online transactions free of service tax 6. Make 5% of basic to be deposited in bank FD as mandatory with an fixed return of 12 % per annum 7. Announce more tax free holidays for those

12.06 PM Jan 19th

sanjeevdadh
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When a bank debit card is used to purchase anything from shops, it is similar to the ATM use. If the government allows the banks to charge for such payments, that will discourage digital payments and customers will demand cash from banks. In India, most of the money spent by people was in cash

12.25 PM Jan 16th

justvisitin
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credit card is a product of the banks, customers have not demanded it be given to them. additionally, atm cards have been arbitrarily stopped by banks, debit cards forced down our throats and charged for....tell me what logic was there for banks to charge for basic debit cards? banks are earning

1.09 PM Jan 13th

essarvee

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debit cards and e wallets is okay as their bank account get debited immediately, but credit card swipers get some credit period, why should banks and omcs pay for this. This is a ridiculous decision by the minister, without thinking. Note ban has given lead to some bad decisions like this.

11.15 AM Jan 13th

mohanreddym
utyala

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IOC  

LPG cylinder buys on credit or debit cards incentives should be more. Thank you

7.24 PM Jan 12th

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As many as 1.5 million new bank accounts have been opened and 7.5 million rupay debit cards issued in Gujarat post demonetisation, state Chief Minister Vijay Rupani said today.

10.04 PM Jan 10th

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Feb 16, 2017 at 18:27 | Source: FirstPost
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