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Debit Cards News
V-Mart Retail allows cash withdrawal of Rs 2,000 from stores
Sat, Nov 26, 2016
V-Mart Retail, which has a network in tier-II and tier-III cities would allow cash withdrawal of up to Rs 2,000 from its store through ATM cards.
Demonetisation: MobiKwik launches virtual card system for payments to retailers
Thu, Nov 24, 2016
The card system is similar to credit and debit cards and will work on all online platforms and POS machines.
Debit Card Fraud: Sebi plans greater push to secure marketplace from cyber risks
Mon, Oct 24, 2016
Markets regulator Sebi is mulling a greater push to put in place strong safeguards against cyber threats to bourses, brokerages and other entities, amid concerns over the largest-ever banking data breach wherein 32 lakh debit cards are feared to have been 'compromised'.
Debit Card Fraud: Use card protection services to save yourself
Fri, Oct 21, 2016
After the recent financial data security breach which allegedly compromised about 32 lakh accounts, banks are taking steps to protect their customers from the financial fraud occurring via ATM, debit and credit cards.
Banks take measures to curb potential data security breach
Thu, Oct 20, 2016
A suspected breach of data security of a city-based private sector lender a few months back has led to pre-emptive steps being taken by other banks to thwart any potential troubles, bankers said on Wednesday.
RBI asks banks to upgrade ATMs to prevent cloning of debit and credit cards
Thu, May 26, 2016
RBI on Thursday asked banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards.
RBI's Vision 2018 for 'less cash' society on the cards
Tue, Apr 12, 2016
RBI said that the idea is to make regulations more responsive to technological developments and innovations in the payment space.