Page 2 - Credit Cards

Linking RuPay credit cards with UPI a game-changer, but pain points remain

It could well be argued that had UPI been profitable for banks, they may have been able to settle for a lower MDR on RuPay credit cards

Pre-paid card comeback may have bolstered the case for NBFCs' plastic play

With pre-paid card players back at the drawing board, the case for the entry of NBFCs into plastic may have got stronger

Credit card spend hits new high in May; bounce rates by value at 3-year low

Bounce rates by value at three-year low

RBI's credit line norms: Card-based fintech players may have to stop offers

Some of the players expected to take a hit due to the RBI's diktat are Slice, Uni Cards, Jupiter, EarlySalary, etc

How credit card route to UPI may come at a price for merchants

Smaller merchants can be subsidised to make it work

RBI allows credit cards to be linked to UPI; marks shift from 'pay now'

Initially, home-grown card network Rupay Credit cards will be linked with UPI

Credit card spend jumps 48% to top Rs 1 trillion in March, shows data

The jump has been driven by the pickup in consumption as the pandemic recedes

How to make the most of RBI's new customer-friendly credit card rules

Some smart tweaking of the billing cycle will give you more time to settle without having to pay any interest; set spending limits where necessary

RBI prohibits issuance of unsolicited cards by issuers, warns of penalty

It also asked card issuers and third-party agents not to resort to intimidation or harassment during recovery of dues from customers

Pandemic-related stress on unsecured loan assets over: HDFC Bank

The unsecured lending book for the bank includes credit cards and personal loans

What is a payment gateway?

Most merchants today use payment gateways to accept purchases from customers. Let us know more about this technology which is making our transactions safe and quick

Mapping India's digital transactions

UPI is set to grow bigger now, after the RBI introduced it in feature phones. Other digital transaction platforms are growing as well. Find out the changing landscape of virtual transactions

You don't know it but we're involved in each of your card swipes: Fiserv GM

In a Q&A, Rishi Chhabra, who also heads the firm's India and Sri Lanka operations, dwells on his company's swift response to RBI's six-month moratorium and data localisation rules

Why not credit cards for NBFCs? A tale of tears behind the plastic smile

Retailing has been transformed in recent years, but the central bank still hasn't allowed NBFCs to issue credit cards

RBI, NBFCs in early talks to open up credit card business in India

To breathe life into 2004 circular on shadow banks' entry into this space

Credit card spends increase by over 47% in December, shows data

In the corresponding period last year, spends totalled to Rs 63,847.26 crore

Amazon's UK site backs away from plan to stop taking Visa credit cards

The online retailer said the change would not be implemented as planned on Wednesday

Private lender HDFC Bank issues record credit cards in third quarter

According to RBI data, at the end of August 2021, HDFC Bank's outstanding credit card base stood at 14.74 million

Kotak Mahindra Bank partners with IndiGo to offer co-branded credit cards

Essentially, the cards will work on a reward proposition of an airline ticket for free

Credit card spend crosses Rs 1 trillion first time in a month: RBI

Among major credit card players, ICICI Bank has been the most aggressive