India.com Business Desk | Sep 28, 2022, 9:35 PM IST
Debit Card, Credit Card Rules Latest Update: As per the RBI guidelines, the tokenised card transaction is considered safe and secure as the actual card details are not shared with the merchant during the processing of the transaction.
India.com Business Desk | Sep 17, 2022, 10:04 PM IST
Credit, Debit Card Tokenisation Latest Update: The move from the RBI comes as several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for future payments.
India.com News Desk | Sep 14, 2022, 6:31 PM IST
Debit card, credit cards rules changing from October 1.Here are key things you must know
India.com Business Desk | Sep 1, 2022, 5:18 PM IST
The RBI in its guidelines says that a tokenised card transaction is safe as the actual card details are not shared with the merchant during transaction processing.
India.com News Desk | Jun 24, 2022, 7:42 PM IST
In September last year, the Central Bank had prohibited merchants from storing customer card details on their servers with effect from January 1, 2022, and mandated the adoption of CoF tokenisation as an alternative to card storage. The purpose behind tokenisation is to increase and improve customer safety. With tokenisation, storage of card details is limited.
India.com Business Desk | Jun 21, 2022, 7:47 PM IST
The RBI said that the card issuers must ask for explicit consent before increasing the credit limit on a credit card.
India.com Business Desk | Jun 21, 2022, 4:57 PM IST
Now from July 1, 2022, online merchants will have to delete customers' debit and credit cards' data from their records.
India.com Business Desk | Jun 8, 2022, 5:35 PM IST
Debit Card, Credit Card New Rules: How Customers Will Be Benefitted With Recurring Payment Limit Change? Read Here
India.com Business Desk | May 11, 2022, 9:22 PM IST
One thing, credit card users must keep in mind is that they should never fall into the trap of marketing gimmicks or hacks like revolving credit card usage or the benefits of having multiple credit cards.
India.com Business Desk | Apr 22, 2022, 11:24 AM IST
New Credit Card Rules will come into effect from July 01, 2022. A fine of Rs 500 will be levied on a card holder if he/she makes late payment while closing the credit card account.
India.com Business Desk | Apr 21, 2022, 1:55 PM IST
Generating a PIN while using ATM is not a risk-free exercise. The banks send PINs through PIN Mailers. If the PIN mailers get delayed or damaged, the banks have to resend the PIN
Raghav Aggarwal | Apr 8, 2022, 1:31 PM IST
RBI Monetary Policy: In addition to enhancing the ease of transactions, the absence of the need for physical cards for such transactions would help prevent frauds such as card skimming, card cloning, etc., RBI Governor Shaktikanta Das said.
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