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Sunday, May 18, 2025
TopicDebit card

Topic: debit card

RBI rush for tokenisation in digital payments can hurt both merchants and consumers

Since it requires fundamental changes to the way cards are processed, the transition requires continuous monitoring. The 30 June deadline won't work.

What is tokenisation, RBI’s new idea for safe online payments that’ll be voluntary from 1 July

To secure card transactions online, RBI has mandated all authorised card networks to issue merchant-specific tokens against card details. Here’s a look at what that will entail.

1 in 3 Indians store personal details like ATM PINs on mobile, computer or email: Survey

The survey also revealed that 11 per cent Indians store their personal financial details in their phone contact list. 

Customers suffer as banks miss deadline to switch to safer chip-based debit & credit cards

The RBI had set 31 December 2018, as the deadline for all banks to replace magnetic strip debit & credit cards with chip-based ones.

On Camera

Ishaan Khatter is officially the Milind Soman of the 21st century

The actor has both a good physique and acting prowess. He impressed audiences with his performance in A Suitable Boy (2020), making love look giddy and poetic all at once.

Northeast set for economic take-off with Rs 1.12 lakh cr in investment commitments from Tata, Reliance

Driving this wave of interest is the upcoming Rising North-East Investors Summit in New Delhi, organised by the Ministry for Development of the North Eastern Region.

Op Sindoor: Inside story of what led Pakistan DGMO to make frantic calls for ‘ceasefire’

India used multiple types of aircraft, air to surface missiles & air defence systems to inflict damage to PAF. Almost all strikes were covered by high-res recon UAVs & satellites.

Pakistan has a 7-year terror itch. Here’s a two-minus-one-front idea to cure it

Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.