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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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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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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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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…

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HDFC Bank credit card rules change from today, all you need to know

HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…

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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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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


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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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Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe

Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…

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You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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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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3 mins read

I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.

The writer struggled financially in NYC, so she racked up $50,000 in credit card debt. Declaring ba…

Nicole Kempster   


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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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4 mins read

Wells Fargo may have underestimated just how savvy millennial credit card holders can be

Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…

Lloyd Lee   


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2 mins read

Falling cashback on UPI payments – Credit card linking opens a door

When UPI or United Payment Interface was in its earlier days, companies would give huge cashbacks t…

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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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3 mins read

Virtual credit cards have a limited use case – When should you consider one?

There are credit cards and then there are virtual credit cards. As the name suggests, these cards d…

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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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Want to feel better about your finances? Do these 5 things right now!

Whether it is health, relationships or finances, each of these plays a very important role in our l…