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Monday, April 6, 2026
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

The new paradox of American hegemony under Trump — great strength, greater anxiety

As the inferno of war engulfs West Asia and its consequences radiate far beyond the region, it is worth recalling President Trump’s speech in...

What to expect from China’s new 5-year plan—trade innovation, tensions with partners

ASEAN is struggling against a flood of 'underpriced Chinese goods', while Brazil has imposed anti-dumping duties on Chinese steel.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.