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Payments News

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In this segment of DNA we will know, what rules have changed in the country since Oct 01, 2020?
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The Centres for Financial Literacy (CFL) will be set up under a common name and logo, Money-wise Centre for Financial Literacy.
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Last date to make use of old Rs 500 notes is December 15. So, if you still have old currency notes of Rs 500 denomination in store, ensure to use them positively by tomorrow.
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A fault in the information used to process some payments from HSBC business customers has affected about 275,000 payments, a media report said.
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Reserve Bank Deputy Governor H R Khan Monday said there is a greater need for collaboration between banks and the fast growing e-commerce firms, and suggested prepaid instruments as an alternative to avoid the two-factor authentication (TFA) process for small payments.






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