Debit card skimming increased by 368% in 2022 compared to the year prior.
Under the scheme, banks will be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using RuPay and UPI in the current financial year
Scammers are everywhere, and debit cards leave your business exposed.
The joint report by DSCI and PayPal highlighted that UPI transactions in the country have crossed 1.49 bn in volume and $41bn in transaction value, in July 2020
The IRS has so far delivered about 140 million relief payments, mostly by direct deposit. About 4 million Americans are expected to be sent debit cards this week loaded with their relief payment.
A great initiative undertaken by banks has been to enable these ATMs with solar energy
Banks and payment network operators are favoring the use of chip cards verified by signatures
Offline payments are enabling the smallest mom & pop shops as well as giant franchises to share a cashless payment portal
Later this year, the more secure point-of-sale terminals will be required by law and most likely expected by consumers.
The decision deals a blow to retailers, grocers and restaurant owners who argued the charges were unfairly high.
The world's largest home improvement retailer may be the latest victim of a credit and debit card breach.
Magnetic strip credit cards will soon be extinct in the U.S. Here's the technology that will replace them and what you need to know about it.
Adoption of better safeguards in the physical world will drive criminals to electronic theft, argues payments validation entrepreneur.
The U.S. Federal Reserve says it will appeal an earlier decision from the U.S. District Court that challenged the swipe-fee regulations set by the central bank.