Fri, Jun 21, 2024
Major banks like Axis Bank, HDFC Bank, and ICICI Bank, which have issued over 50 million credit cards, have yet to enable BBPS compliance. Consequently, customers will be unable to pay their credit card bills through fintech platforms like Cred and PhonePe after June 30 unless these banks comply with the new mandate.
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Mon, Aug 07, 2023
A no-claim bonus is a discount that insurance providers give if an individual does not make any claims during a policy year. Non-payment of credit card dues can reduce your bonus. This can also lead to a low credit score.
Sat, Aug 24, 2019
RBI has strengthened the process of e-mandate on cards for recurring transactions with AFA during e-mandate registration and first transaction, and simple/automatic subsequent successive transactions.
Thu, Nov 29, 2018
As the nation is focussing more on becoming a cashless economy through digitisation, this looming threat is a major challenge because the system needs to provide confidence among people about it. The need of the hour is to let the people feel secure against such cyber threats.
Wed, Sep 20, 2017
Credit cards can also be useful because you get offers, discounts and cashbacks on them. If used wisely, credit cards can help you save money.
Mon, Jan 09, 2017
In a move to provide ease to customers facing hassles at petrol pumps of tendering exact change and enable cashless payment solution, Paytm on Monday announced its partnership with over 41,000 petrol pumps across 550 plus districts in India.
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