really explained cards sebi asks adfree sign happens know group data fees usd improve investment rules legal heres chinas restricted soon payment energy propose meet fiveyear grievance system financial option

Articles for Card Issuers, search results for customer

Explained | RBI’s proposal for interoperability of credit and debit cards
1 year, 4 months ago

Explained | RBI’s proposal for interoperability of credit and debit cards

The Hindu  

The story so far: On July 5, apex banking regulator Reserve Bank of India floated a draft circular seeking comments from stakeholders about mandating that card issuers provide their customers with the choice of multiple card networks. The regulator has also proposed that cards be issued across more than one network, with issuers not enteringinto any arrangement or agreement with …

Credit Network Credit Cards Card Cards Rbi Customers
Demat account login to credit/debit card new rules from Oct: 5 things to know
2 years, 2 months ago

Demat account login to credit/debit card new rules from Oct: 5 things to know

Live Mint  

Developments relating to our personal finances occur on a regular basis from month to month and must be followed. The above guidelines shall be implemented latest by September 30, 2022.” Master Direction provisions for credit and debit card On June 21, 2022 RBI extended the timeline for implementation of certain provisions of Master Direction – Credit Card and Debit Card …

Credit Card Rbi Oct Nomination 2022 Debit Card
Credit Card: RBI Extends Deadline to Implement New Rules to October 1; Know the Changes
2 years, 6 months ago

Credit Card: RBI Extends Deadline to Implement New Rules to October 1; Know the Changes

News 18  

The Reserve Bank of India on Tuesday extended the timeline to implement various provisions related to credit card issuance till October 1. Moreover, the terms and conditions for payment of credit card dues, including the minimum amount due, shall be stipulated, the Reserve Bank of India said. Credit Card Rules to Change from July 1 Earlier in April, the Reserve …

Credit Bank Credit Card Statement Card India Rbi Card Issuers
Key takeaways from RBI circular on credit cards
2 years, 7 months ago

Key takeaways from RBI circular on credit cards

Live Mint  

The Reserve Bank of India has released directions on issuing credit and debit cards, aiming to empower card users and check misconduct of issuers. Non-bank lenders must seek RBI nod before issuing credit cards, and follow strict regulations on sharing data even with their co-branding partners. The regulations empower credit card customers, mandate lenders to take consent of customers on …

Credit Charges Credit Cards Card Cards Rbi Issuers
Column: Don’t just accept a cut to your credit limit. You can fight back
3 years, 6 months ago

Column: Don’t just accept a cut to your credit limit. You can fight back

LA Times  

A South L.A. woman was told the limit on a credit card she’s held for 36 years was reduced because she didn’t use it enough during the pandemic. I wasn’t interested in buying more clothes or shoes because I had no place to go.” The Nordstrom rep, Goddard said, “apologized profusely, but she had no explanation beyond saying that I …

Credit Card Told Pull Limit Sherry Lendingtree
How issuers are using tech to improve customers’ credit card experience
4 years, 4 months ago

How issuers are using tech to improve customers’ credit card experience

Live Mint  

As courier services were disrupted during the lockdown, private lender RBL Bank was unable to deliver credit cards to customers who got an approval. “They could at least start using the card online until their physical card arrives,” said Sankarson Banerjee, chief information officer at RBL Bank. While digital KYC resolved the problem of customer acquisition, card issuers still had …

Bank Card Cards Customers Customer Rbl Bank Card Issuers