Foreign, private sector banks announce a slew of initiatives, explore inorganic opportunities. After a gap of nearly three years, banks are once again planning to aggressively expand their credit card

Ready to ditch your wallet, cash and credit cards? A mobile payment app lets users make purchases with their smartphone, without taking the device out of their pocket or purse. Developed by electronic

With the festive season around the corner, you may be readying to splurge, most likely using your credit card, on that camera or LCD television you have been eyeing for a long time. But a credit card

A debit card with a credit limit works like an overdraft facility. Use it only for small expenses. It is being touted as a 'magic card'. Its unique selling proposition: A debit card with a credit

Personal loans over the card limit, unless used to retire high-cost debt, would only complicate finances. Recently, a number of credit card customers received a pre-approved loan mail, from a leading

Credit card companies come up with tempting card offers for investors albeit now more cautiously after the financial markets turmoil, by offering freebies such as life time free credit among other

MasterCard's India-born President and CEO Ajay Banga today said India is a "more exciting" market than China for the cards and payment giant and the company is focused on shifting as many consumers in

The aggressive clean-up operation on banks’ credit card portfolios may finally be paying dividends, with issuers returning to the growth path. Data released by the Reserve Bank of India (RBI)

Credit cards have become a part of life for most individuals. Obviously, they come with benefits. However, if used wrongly, the cardholder can also land up in trouble. Huge number of cards is one

By Liz MoyerThanks to high unemployment and rising personal bankruptcies, banks in the credit card business suffered their first losses in decades last year. But bankers need not fret. The rich