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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…
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
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
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…
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
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…
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…
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…
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…
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…
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…
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 …
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 …
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…
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…
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…
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
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
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 …
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…