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UPI On The Move!
"Debit cards have been on a downward trajectory; for small value payments, consumers prefer UPI, and for large value payments, net banking seems to be
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Govt keen on survey to measure popularity of UPI
UPI transactions have crossed the 10 billion mark in both August and September. The number of transactions this financial year has witnessed a steady
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Credit card spendings hit a new high in July
Debit card usage witnessed a steady decline, with the total value of online transactions via debit cards being a mere Rs 19,539 crores for July, 2023.
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Card defaults surge to Rs 4,073 cr
While it is easy to obtain and recklessly use a credit card, it is just as easy to spiral into an endless debt trap. Moreover, India has one of the hi
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Card spends: Decline in June follows record in May
Expenditure through this plastic route that hit a high of Rs 1.41 lakh crore in May crawled down to Rs 1.37 lakh crore in June – a slide of 2.83%
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Why unsecured loans are worrying RBI
The RBI has now set sights on dealing early on with any potential defaults that might occur, given the unprecedented growth registered in the unsecure
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Ways you can use your tax refund money more judiciously
If you have accrued a credit card bill that's keeping you awake at night because of the interest, use your tax refund to pay it off.
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Explained: Differences between ECS and auto debit
RBI's latest rule to be implemented from October 1 will impact the debit part of ECS and is limited to debit card and credit card transactions.
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Expert advice on investing for your child
Early induction into the financial system makes your child financially disciplined, prudent and safe.
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Visa in works for an offline payments technology using debit cards
This offline payment technology will improve financial inclusion in rural India where there has been a major issue of internet connectivity.
