Visa Europe plans credit card-cloaking that could pave way for Apple Pay

Last Updated: Tuesday, February 24, 2015, 14:45

Visa Europe said on Tuesday it would offer a secure way for consumers to pay retailers with their smartphones while concealing credit card details, a move that could set the stage for Apple`s Apple Pay and rival payment services to be introduced into Europe in coming months.

MasterCard ramps up India ops; to have 1,500 people in tech hub

Last Updated: Wednesday, February 4, 2015, 18:10

Payments solutions provider MasterCard is beefing up technology operations in India as it ramps up Pune centre and looks to cash in on the growing usage of debit and credit cards in the country.

ICICI Bank, American Express launch transparent credit card

Last Updated: Friday, December 12, 2014, 19:39

Private sector lender ICICI Bank on Friday launched India's first credit card with a transparent design.

Youth held for fraudulent online transactions

Last Updated: Tuesday, January 28, 2014, 00:23

Police has arrested a youth for duping gullible credit card holders of over Rs 1,70,000 after obtaining their bank details and altering their phone numbers and email addresses in bank records.

RBI tightens norms for credit card issuers on minimum dues

Last Updated: Saturday, December 21, 2013, 10:19

Tightening norms for credit card issuers, RBI on Friday asked banks to treat outstandings as bad loans in case customers fail to pay the minimum due amount within a stipulated 90 period.

3,763 complaints against banks on credit card charges: Minister

Last Updated: Friday, December 13, 2013, 19:09

A total of 7,744 such complaints were received in 2012-13, and 5,146 complaints in 2011-12, he said.

Credit card loans: RBI says has no issues if done transparently

Last Updated: Wednesday, October 9, 2013, 21:38

The Reserve Bank Wednesday said it did not have any problem with banks offering loans to credit cardholders while purchasing goods or services but there needs to be transparency with the process.

4 Indians charged with $200 million credit card fraud in US

Last Updated: Tuesday, October 1, 2013, 20:15

Four Indians are among 10 people who have been charged in the US for their alleged participation in one of the largest credit card fraud schemes here resulting in losses of USD 200 million.