The Reserve of Bank India has issued fresh changes to debit and credit cards guidelines including card renewal declination and business credit card monitoring...
This is likely to impact Business Payment Service Providers (BPSPs) that allow businesses to make card payments to non-card-accepting vendors and suppliers.
Merchant Discount Rates (MDR) of 2 percent apply to transactions involving digital payments, such as credit cards and debit cards. However, UPI payments do...
The new development will essentially allow users to create tokens for their card directly from their bank's website, which can in turn allow consumers...