No OTP for transactions upto Rs 2,000 on Flipkart with Visa
Products like Flipkart Pay Later and Cardless Credit have been introduced to help new-to-credit customers enjoy a shopping experience that is seamless and affordable, with the larger goal to onboard the next 200 million customers, said the company.
SCO SG suggests vigorous e-comm partnership among member states
Norov said that e-commerce provides opportunities for companies to expand the...
Transactions via FASTag at highway tolls more than double in December
About 6.4 crore transactions FASTag transactions worth Rs.1256 crore wa...
RBI extends recurring payments feature to UPI
The new functionality will allow UPI users to bypass additional factor authentication (AFA) every time a payment is made to a regular merchant by giving a onetime instruction to the UPI service provider. This facility was earlier available for card and wallet based payments
HDFC Bank launches service for religious bodies, societies and clubs
The institutions will get a customised mobile application powered by the lender through which users will be able to pay donations, settle utility bills and make other payments.
Equitas Small Finance Bank waives off non-maintenance charges on savings accounts
To increase its savings deposits the bank is offering interest rate of 7.5% per annum on savings account and upto 8.25% p.a. on fixed deposit. It also offers 60 basis points more for senior citizens.
RuPay International to offer cashback up to Rs 16,000 for transactions abroad
Indians travelling to the UAE, Singapore, Sri Lanka, the UK, the US, Spain, Switzerland and Thailand will be able to earn up to Rs 16,000 cashback per month by getting their RuPay International Card activated, the NPCI said in a release.
Karvy aftermath: Sebi may ban pool accounts for mutual fund transaction
MF distributors are not expected to handle clients' funds and securities.
Sebi proposes to discontinue usage of pool accounts for mutual fund transaction
Sebi said instances have come to light where client's funds and securities were diverted towards margin obligations or settlement obligations of itself or for some third party or for raising loan against shares on its own account.
Visa’s going to process all transactions locally: T R Ramachandran
India has probably leapfrogged many of our peers in creating world-class real-time payments architecture.
You can make digital transactions but cannot transfer money using RBI's newly launched PPI
Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.
Agri commexes hope farmers turn up volumes
Gross daily volumes of commodity exchanges are ₹33,000-34,000 crore per day currently.
Bank holidays in January 2020
With the start of the new year, here is a look at the dates in January when banks in India will be closed.
How to place orders with a broker or sub-broker?
The broker you choose must be registered with the market regulator
Should you sign any agreement with the broker or sub-broker?
Pay close attention to the power of attorney (PoA) section.
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