RBI Data: Credit Card Spends Grow, Pace Slows
RBI’s latest credit card data offers a sharper view of consumer behaviour on the ground, beyond headline growth indicators. Spending remains resilient even after the...
Tag : Credit Card
Improving Cash Flow: How Adjusting Your Credit Card Billing Cycle Can Help
Struggling to manage your monthly cash flow? Adjusting your credit card billing cycle could be the solution you need. Properly timing your billing cycle with...
Poonawalla Fincorp Announced Launch of Credit Card with IndusInd Bank
Poonawalla Fincorp Ltd, on Tuesday, 28 May, announced that they have launched a co-branded credit card in collaboration with IndusInd Bank. The IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum...
SBI Cards and Reliance Retail Join Hands to Roll out Co-branded Credit Cards
SBI Cards and Payment Services collaborate with Reliance Retail to launch co-branded lifestyle-focused credit cards. Reliance SBI Cards will offer a rewarding experience to customers...
Credit Card Contributions to NPS Level 2 Accounts No Longer Allowed
The Pension Fund Regulation and Development Authority (PFRDA) has stopped charging subscription fees through credit cards in tier-2 accounts in the National Pension System (NPS)....
Digital Platforms Asks 6 Months Extension for Tokenisation from RBI
Startups and digital platforms have urged the Reserve Bank of India (RBI) to extend at least six months from the December 31, 2021 deadline for...
PhonePe Announces Tokenise Cards on Visa, Mastercard and Rupay
PhonePe declares that it has become the first platform to tokenise cards on Visa, Mastercard and Rupay. PhonePe’s tokenisation solution ‘PhonePe Safecard’ will help businesses...
Slice Raises $220 Million led by Tiger Global
Fintech startup Slice has raised $220 million in a Series B funding round. Tiger Global and Insight Partners led the round. New and existing investors,...
NPCI, Fiserv to Launch RuPay API Platform
The National Payments Corporation of India (NPCI) has collaborated with Nasdaq-listed firm Fiserv to launch an application programming interface (API) for startups and banks trying...
RBI Bans Amex, Diners From Selling Credit Cards
Reserve Bank of India (RBI) has banned credit card companies American Express and Diners Club International from onboarding new domestic customers onto their card networks...