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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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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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2 mins read

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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2 mins read

Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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4 mins read

I was a millionaire by the age of 30. As preteens, my kids learned how to use debit cards, and I taught them how to save money.

David Ciccarelli was a millionaire by the time he was 30 and now has four kids. He teaches them to …

Kelly Burch   


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3 mins read

Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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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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3 mins read

UPI and other ways to withdraw cash from an ATM without using a debit card

India has recently launched Unified Payments Interface or UPI-based cash withdrawal from ATMs, afte…

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2 mins read

RBI allows banks to issue RuPay prepaid forex cards

By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…

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6 mins read

New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact

A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…

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4 mins read

Yes Bank has more shareholders than debit cards as retail investors continue to buy in

Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…

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3 mins read

Despite a rise in financial frauds, 17% of people store financial information on their smartphones

The Reserve Bank of India (RBI) has revealed that 5,406 instances of financial fraud were reported …

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3 mins read

Indian credit card users spend 40x more than debit card users online

Credit cards are still used by a tiny minority of users in India, but their spending habits reveal …

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3 mins read

RBI is encouraging cardholders to tokenize their cards: Here’s all you need to know about it

When you buy something online, you share your credit card or debit card information with the e-comm…

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4 mins read

An Indian credit card user spends ₹14,500 a month on average – 20x more than debit card users

Indians use credit cards online more than they do at stores, but that is just the tip of the iceber…

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2 mins read

India saw 20.5 billion online transactions worth ₹36 trillion in Q2: report

The online transactions were processed through debit and credit cards, prepaid payment instrumen…

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3 mins read

I gave my 10-year-old a debit card. I want him to learn early how to manage money.

The author shares how she wanted her child to be responsible with money from an early age and how t…

Ashley Jones   


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2 mins read

A teenage girl found her mom's debit card and spent $64,000 on mobile games, wiping out her family's life savings

The 13-year-old girl deleted chat and transaction records to hide them from her mother, who only di…

Matthew Loh   


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1 min read

This new Google Chrome malware can steal your credit and debit card information

Google Chrome users are yet again at the risk of being compromised by another banking trojan. This …

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3 mins read

This year, credit card users swiped 5x more than debit card users: PayU

This festive season, Indians have been spending via swiping as per a PayU Insights Report - Festive…