Diabytes
Credit card transactions News
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While some of the credit cards provide good discounts at restaurants, others reverse fuel surcharges.
It is advisable to always choose a credit card that suits your requirements.
Using a credit card overseas involves currency exchange and it is converted into Indian rupees.
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In a bid to promote digital transactions, Modi government will waive service tax on debit and credit card transactions of up to Rs 2,000 amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes.
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Researchers have developed a novel technique called 'SafePay' which is a secure method to prevent mass credit card fraud using existing magnetic card readers.
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The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.
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