Tag: debit card

RBI enhances Security of Card Transactions. Restrictions & options to cardholders. Contact based points of usage in India, decision based on risk perception Reserve Bank of India, in order to improve user convenience and increase the security of card transactions, has decided to enhance the Security of Card …

Waiver of charges on Debit Cards/BHIM UPI/AePS transactions up to Rs 2000/-. Bank’s Statutory Auditor to certify claim, volume & value of such transactions MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY NOTIFICATION New Delhi, the 27th December, 2017 Subject : Subsidizing MDR charges on Debit Cards/BHIM UPI/AePS transactions of …

Govt to bear Merchant charges on all debit cards BHIM UPI Aadhaar enabled Payment System (AePS) transactions upto Rs. 2000 from 01-01-2018 for 1 year Press Information Bureau  Government of India Cabinet 15-December-2017 17:23 IST Cabinet approves subsidizing MDR charges on debit card/BHIM UPI/AePS transactions of value less …

Major Benefits of Debit Card Activation-FAQs.  Recent initiatives towards popularizing Debit card. Additional usage fee for using debit card-Press Release Ministry of Finance 05-December, 2016 Benefits of Debit Card Activation-FAQs Here are given some of the major benefits of Debit Card activation in the form of Frequently Asked …