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Monday, November 24, 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

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.