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2 mins read

Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024

According to a report released by SBI Securities, the total expenditure by credit card users across…

ANI   


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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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4 mins read

Best credit cards for online shopping this festive season

The festive season is here and with it, you are likely to make several purchases from e-commerce pl…

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2 mins read

RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…

ANI   


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2 mins read

Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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2 mins read

Techie goes on free vacation worth Rs 27.5 lakh, says he owns more than 40 credit cards

A software engineer from Jharkhand, Anirban Chowdhury, took his family on a free vacation to Masai …

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2 mins read

India’s credit card market set to double by 2029, reaching 200 million cards

India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…

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3 mins read

Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…

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7 mins read

Welcome to credit card points mania

Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…

Juliana Kaplan   


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2 mins read

India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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2 mins read

US Justice Department hits Visa with antitrust lawsuit over its debit card business

Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the paym…

Dominick Reuter   


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India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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2 mins read

What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…