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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…
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
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 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…
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…
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 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
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…
I'm a college student who pays nearly $1,000 in annual fees for 4 credit cards. It's worth it for good credit and travel perks.
A Gen Z student with a Gold, Platinum and Blue Business AmEx shares how she maximises points to tra…
Lauren Crosby Medlicott
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…
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…
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…
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
Mark Cuban mocks Trump for going even further than Bernie Sanders on capping credit card interest rates
Mark Cuban said Donald Trump is showing his "socialist and communistic tendencies" by pushing a 10…
Brent D. Griffiths
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…
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…
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…