Debit cards

News and Trends

Cabinet Approves INR 2600 Crore Scheme To Promote RuPay Debit Cards And Low-Value BHIM-UPI

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

Money & Finance

Why You Should Never Use Your Debit Card

Scammers are everywhere, and debit cards leave your business exposed.

News and Trends

Need For Better Fraud Prevention Strategies Amidst Surge In Payment Digitization: Report

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

Business News

Treasury Sending Out 4 Million Prepaid Debit Cards With Stimulus Money

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.

News and Trends

Top #5 Initiatives Indian Banks Are Taking To Save Mother Earth

A great initiative undertaken by banks has been to enable these ATMs with solar energy

Business News

Visa, MasterCard $7.25 Billion Settlement With Retailers Is Thrown Out

The case will return to the Brooklyn federal court, where it will be overseen by U.S. District Judge Margo Brodie.

Business News

Wal-Mart Sues Visa for Resisting Use of PIN-Based Transactions

Banks and payment network operators are favoring the use of chip cards verified by signatures

Finance

From Paanwalas to Franchises, Here's How Offline Payments Are Bridging the Gaps

Offline payments are enabling the smallest mom & pop shops as well as giant franchises to share a cashless payment portal

Money & Finance

4 Reasons Merchants Should Make the Switch to EMV Now

Later this year, the more secure point-of-sale terminals will be required by law and most likely expected by consumers.

Business News

U.S. Top Court Rejects Challenge to Debit Card 'Swipe Fees' Rules

The decision deals a blow to retailers, grocers and restaurant owners who argued the charges were unfairly high.

Data & Recovery

Home Depot Suffers Possible Data Breach, Tries to Ease Customer Fears

The world's largest home improvement retailer may be the latest victim of a credit and debit card breach.

Data & Recovery

Why Your Credit Card Company Wants to Replace Magnetic Strips With Microchips

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.

Science & Technology

Online Debit, Credit Fraud Will Soon Get Much Worse. Here's Why.

Adoption of better safeguards in the physical world will drive criminals to electronic theft, argues payments validation entrepreneur.

Operations & Logistics

Fed Throws Latest Punch in Swipe-Fee Brawl

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.