Tag: Debit Card

Bhubaneswar: Notification for the offline test of the Odisha Joint Entrance Examination (OJEE), 2017 was issued today. The test, scheduled on May 14, would be held for admission to various UG/PG/Lateral Entry courses such as B.E/B.Tech, B.Pharm, BHMS, BAMS, B.Plan, MBA, MCA, Integrated MBA, M.Tech, M.Arch, M.Plan, M.Pharm in Odisha. As per the notification, application […]

Cuttack: Countdown for the much-awaited One Day International match between India and England scheduled at Barabati Stadium in the Millennium city on January 19 has begun. Talking about the preparations for the match, chief executive officer (CEO) of the Odisha Cricket Association, Bidyut Kumar Nayak said the ground has been made ready for net practice […]

New Delhi: Customers will no more have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000. Last month, the Union Cabinet had approved a proposal that government will bear the merchant discount rate (MDR) charges on transactions up to Rs 2,000 made through […]

With an aim to ensure that ATM-cum-debit and credit cardholders do not fall prey to frauds, the Reserve Bank of India (RBI) has asked all banks in the country to replace the old magnetic strip cards with the new EMV chip-based debit and credit cards. As per the RBI guidelines, the banks need to provide […]

The Reserve Bank of India (RBI) had asked all banks in the country to replace the old magnetic strip cards with the new EMV chip-based debit and credit cards. The apex court had also fixed the deadline for the same as April 29. As per the RBI guidelines, the banks need to provide new EMV […]

In a bid to promote digital payments and eliminate plastic cards, the State Bank of India(SBI) may herald the beginning of the end of the ubiquitous debit cards from the banking system. This is despite the huge reliance on debit cards by customers of SBI which services a fifth of the population. “…it is our wish […]

New Delhi: The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase the security of card transactions. These rules will help in curbing the misuse of debit and credit […]