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.
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Sun, Dec 17, 2017
Read how the government's MDR reimbursement decision will impact customers and railway commuters.
Wed, Dec 13, 2017
Retailers are lamenting the RBI's upward revision of merchant discount rates (MDR), the rate merchants pay banks per card transaction, claiming it has nearly doubled their costs.
Sun, Jul 16, 2017
Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'.
Tue, Feb 21, 2017
The Reserve Bank of India (RBI) has issued a draft circular aiming at rationalising Merchant Discount Rate (MDR) on debit card transactions.
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