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2 mins read

Global IT outage hits Starbucks mobile-order system and card payments at businesses

Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…

Grace Dean   


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1 min read

Americans are missing credit card payments at the highest rate in a decade

US households are under pressure from rising prices, and credit-card delinquency rates have soared …

Phil Rosen   


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5 mins read

Late fees on credit cards rising — Know rules, charges and how to avoid them

Using a credit card comes with several advantages. You basically get an interest free loan for 45 d…

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2 mins read

Some relief for Indians travelling abroad – credit card payments will not attract TCS

On Wednesday, the Indian government announced that spending through international credit cards abro…

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2 mins read

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

PTI   


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2 mins read

Paytm makes it easier to pay credit card bills – here are five reasons why you should be using it

The app will ask you to enter the credit card number when you make a payment the first time, b…

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2 mins read

Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks

In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…

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2 mins read

Gen Z is way behind on credit-card payments. It could get even worse when student-debt payments restart.

Gen Z is missing credit card payments at a rising rate, and their student debt payments haven't eve…

Jacob Zinkula,Ayelet Sheffey   


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2 mins read

George Santos tricked supporters into giving him money that he spent on designer clothes and credit-card payments, feds allege

Santos has been criminally charged with several counts, including wire fraud, money laundering, and…

Natalie Musumeci,Madison Hall   


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2 mins read

RBI to allow use of credit cards via UPI soon, starting with RuPay credit cards

At present, only savings and current bank accounts are linked to the UPI platform through thei…

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5 mins read

Three credit card mistakes to avoid to maintain good CIBIL scores, and avoid too much interest

While a credit card has its advantages, it also has demerits that users choose to ignore or ar…

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2 mins read

Kunal Shah’s CRED doubles its valuation to $4 billion in less than six months

London-based Marshall Wace and Steadfast Venture Capital also participated in this round, alon…

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3 mins read

Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate

Your automatic recurring payments may not go through starting today. This is because banks aren’t r…

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1 min read

Faster acceleration is just a click and a credit card payment — away in new electric cars as the likes of Mercedes jump on a trend set by Tesla

Carmakers are starting to charge customers for speed boosts, but efforts to monetize software-enabl…

Tim Levin,Alexa St. John   


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2 mins read

RBI hikes limit for contactless card payments from ₹2,000 to ₹5,000

The Reserve Bank of India has hiked the limit for contactless payments from ₹2,000 to ₹5,000, makin…

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3 mins read

The Fed's first interest rate hike of the pandemic means car loans, mortgages, and credit card payments are getting pricier

The Federal Reserve raised rates by 0.25 percentage points on Wednesday, ending the near-zero rate …

Ben Winck   


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2 mins read

Why the blockbuster January jobs report means your mortgage and credit card payments will get more expensive

The Fed has signaled it would only raise rates if the labor market continued to strengthen. Friday'…

Ben Winck   


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2 mins read

Russian banks are planning a switch to China's card payment system after Mastercard and Visa halted operations, reports say

Russia's largest bank Sberbank announced it was looking at issuing cards using the UnionPay system …

Urooba Jamal   


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1 min read

Barclays bans UK customers from making card payments to Binance, citing a notice from the national regulator

Customers immediately took to Twitter to express frustration over the sudden ban, with some threate…

Shalini Nagarajan   


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2 mins read

Credit card payments company CRED launches peer-to-peer lending option for its 7.5 million users

These loans will be disbursed at a 12-13% interest rate annually. Of which upto 9% interest ra…