Prepaid Payment Cards

Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...

A group of consumers have filed a lawsuit against the Visa card company, claiming that the card payments network did not take adequate measures to prevent the theft of funds from prepaid "Vanilla" gift cards.

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.

The National Payments Corporation of India (NPCI) on Monday said RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage.

The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.

Prepaid payment instruments (PPIs) are learnt to have stopped customers transactions on their prepaid cards in reaction to RBI's notification

Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres

For kids growing up in today's cashless society, the piggy bank is going virtual.

PlayStation Store gift cards India launch can keep Sony relevant in a country where Steam and Xbox Store work as they should.

The government has released draft guidelines for transactions made through prepaid payment instruments (PPIs) like mobile wallets, smart cards and paper vouchers and also sought feedback from various stakeholders.

The draft IT (Security of Prepaid Payment Instruments) Rules 2017 have been designed to ensure adequate integrity, security and confidentiality of electronic payments effected through PPIs.

Merchants can transfer up to Rs 50,000 per month from these so-called semi-closed prepaid payment instruments to their bank accounts, the RBI said.

An increased use of electronic payment methods such as credit, debit and prepaid cards has added 6.08 billion to the Indian economy during 2011 to 2015, even as it has created 336,000 jobs during the period, says a Visa Inc study conducted by Moody's Analytics.

The integration enables universal payments of its app online and offline through a prepaid virtual card, which can be activated in a few seconds.

Physical cards will also be issued to a select set of customers who will be able to use them at any merchant that accepts card-based payments

Google Pay, the Unified Prepaid Interface (UPI) payments app, announced new features at the Global Fintech Fest (GFF) 2024. The company said that these new features, which will be rolled out later this year, will make it easier for users to make payments and transact through the app. Some of the features announced at the GFF include UPI Circle, UPI...

A group of consumers have filed a lawsuit against the Visa card company, claiming that the card payments network did not take adequate measures to prevent the theft of funds from prepaid "Vanilla" gift cards.

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.

The National Payments Corporation of India (NPCI) on Monday said RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage.

The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.

Prepaid payment instruments (PPIs) are learnt to have stopped customers transactions on their prepaid cards in reaction to RBI's notification

Namma Chennai Smart Card is a Ru-Pay powered co-branded, contactless prepaid card that facilitate various digital payments like tax and utility bill payments Greater Chennai Corporation centres

For kids growing up in today's cashless society, the piggy bank is going virtual.

PlayStation Store gift cards India launch can keep Sony relevant in a country where Steam and Xbox Store work as they should.

The government has released draft guidelines for transactions made through prepaid payment instruments (PPIs) like mobile wallets, smart cards and paper vouchers and also sought feedback from various stakeholders.

The draft IT (Security of Prepaid Payment Instruments) Rules 2017 have been designed to ensure adequate integrity, security and confidentiality of electronic payments effected through PPIs.

Merchants can transfer up to Rs 50,000 per month from these so-called semi-closed prepaid payment instruments to their bank accounts, the RBI said.

An increased use of electronic payment methods such as credit, debit and prepaid cards has added 6.08 billion to the Indian economy during 2011 to 2015, even as it has created 336,000 jobs during the period, says a Visa Inc study conducted by Moody's Analytics.

The integration enables universal payments of its app online and offline through a prepaid virtual card, which can be activated in a few seconds.

Physical cards will also be issued to a select set of customers who will be able to use them at any merchant that accepts card-based payments