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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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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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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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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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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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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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PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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With Rupay Credit Card on UPI, mobile payments pioneer Paytm deepens its leadership in UPI

In the realm of mobile payments, UPI stands out as the go-to solution. As the popularity of UPI tra…

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3 mins read

Influencers are swiping a new black card at restaurants, spas, and fitness studios

OTH Network is the latest influencer-marketing platform wooing influencers and harnessing gifting a…

Amanda Perelli   


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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

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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How to use credit card to make UPI payments

The Reserve Bank of India in 2022 announced that it will soon allow users to link their RuPay credi…

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1 min read

Reserve Bank asks NPCI to help continue operations of Paytm app

Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …

PTI   


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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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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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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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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

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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1 min read

Younger Americans are falling behind on credit card and car payments, New York Fed says

"Delinquency tends to decrease with age, and younger generations have delinquency rates slightly hi…

Yuheng Zhan