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Two new RBI regulations have resulted in this situation.
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Two new RBI regulations have resulted in this situation.
No unsolicited issuance of cards, recovery agents should not harass card holders, and card issuers should not share customer data without consent are some...
In June 2021, Rs 51,126 crore was transacted using debit cards, and yet credit card transaction amounts were higher than debit card transaction amounts....
Banks issued 4.3 million new credit cards and 69.6 million debit cards between April 2020 and March 2021, according to data from the Reserve...
Banks issued 4.4 million new credit card and 71 million debit cards between March 2020 and February 2021, according to data from the Reserve...
Mastercard Inc. reported a 30% YoY drop in profits and a 14% YoY fall in revenues for Q3 as cross-border transactions on the card...
Similar to its global counter-part Mastercard, Visa Inc. reported a 17% YoY drop in revenues and a 30% YoY drop in profits for Q4...
In June 2020, the number of debit cards stood at 845.4 million, increasing by 10.1 million cards over May 2020. A total of 57.3...
The number of point of sale (PoS) machines increased to 5.04 million in June 2020, up 24% from 4.07 million in June 2019, according...
In April 2020, the number of debit cards stood at 829.4 million, an increase of 800,000 cards over March 2020. At the same time,...
