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While the potential benefits of CBDCs are compelling, the digital rupee is not without its challenges.
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The government has instructed all the banks that the newly issued card or the card to be renewed should have the facility of National Common Mobility Card
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RBI has changed the method of transactions made through cards. With tokenisation, card payments for online payments have become safer.
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Customers receive various benefits with these cards, such as fuel surcharge waivers, cashback, reward points, and co-branded benefits
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Most of the fraud in ATMs are done via Card Cloning. Under this, a thief creates another card by extracting your complete information and empties your account.
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These platforms let you invest in mutual funds, stocks, manage and balance your wealth portfolio, offer goal-based investment approach, etc
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While the report submission is delayed, there are fresh cases of illegal activities in India's digital lending sector
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With online frauds rising as the country embraces digital transactions more and more, you need to be more conscious about your transactions
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Phishing and QR/UPI code-related frauds are most common weapons of fraudsters who have also started unleashing crypto-related frauds have also begun
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If a customer is contacted by a fraudster, the incident should be reported to a cyber crime police station immediately, said experts
