visa

‘Missed International Flight, Spent Rs 4 lakh’ Indian Investor Says ‘’Europe, I Don’t Want To Marry Your Men,’’ After A Long Wait For Visa

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‘Missed International Flight, Spent Rs 4 lakh’ Indian Investor Says ‘’Europe, I Don’t Want To Marry Your Men,’’ After A Long Wait For Visa

Home Business ‘Missed International Flight, Spent Rs 4 lakh’ Indian Investor Says ‘’Europe, I Don’t Want To Marry Your Men,’’ After A Long Wait For Visa Indian investor released her frustration through social media platform, when she missed due the flight but still didn’t receive visa, despite of lengthy documentation process. Aashima Arora, an Indian … Read more

Visa, Mastercard reach $30 billion deal with US retailers

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Visa, Mastercard reach billion deal with US retailers

Visa Inc and Mastercard Inc agreed to cap credit-card swipe fees — a deal that US merchants say will save them at least $30 billion over five years — in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.The deal, which is subject to court approval, also … Read more

With RBI’s new rule, you can choose card network

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With RBI’s new rule, you can choose card network

MUMBAI: In a move aimed at boosting competition, RBI has ordered card issuers to allow customers to choose from multiple networks like Visa, Mastercard and RuPay. It has also asked banks to stop entering into exclusive agreements with card networks. The move is positive for NPCI‘s RuPay cards because of their UPI integration. However, most … Read more

RBI asks Visa, Mastercard to stop card-based commercial payments

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RBI asks Visa, Mastercard to stop card-based commercial payments

Home News No More Commercial Payments Via Mastercard and Visa, Directs RBI The Reserve Bank of India (RBI) has directed Mastercard and Visa to stop making card-based commercial payments for small and large businesses due to concerns over KYC compliance. Reserve Bank Of India Mumbai: The Reserve Bank Of India (RBI) has directed the Mastercard … Read more

Now, Visa, Mastercard stop business payments via commercial cards after RBI directions

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Now, Visa, Mastercard stop business payments via commercial cards after RBI directions

In a surprising move, the Reserve Bank of India (RBI) has directed card networks such as Visa and Mastercard to halt card-based commercial payments made by corporations and small enterprises. Transactions carried out at possible unauthorized business outlets accepting card payments have been temporarily suspended, according to industry sources. While the exact reason behind this … Read more

Iran To Abolish Visa for Citizens of India Starting from 4th February 2024

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Iran To Abolish Visa for Citizens of India Starting from 4th February 2024

Individuals holding ordinary passports will be allowed to enter the country without a visa once every six months, with a maximum stay of 15 days. It is important to note that the 15-day period cannot be extended Malaysia also hopes that with more Indians coming into the country, spending will increase and its economy will … Read more

Visa Sued In US Over “Vanilla” Gift Card Scam Known As “Card Draining”

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Visa Sued In US Over “Vanilla” Gift Card Scam Known As “Card Draining”

Visa was sued on Tuesday over a gift card scam. (Representative pic) 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. According to Reuters, Ira Schuman, who is leading … Read more

Visa, Mastercard ask US Supreme Court to undo class-action orders

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Visa, Mastercard ask US Supreme Court to undo class-action orders

Visa and Mastercard have asked the US Supreme Court to overturn a judge’s order allowing consumers and a group of ATM operators to band together in class actions seeking billions of dollars in damages over transaction fees. The two payment card giants in a filing at the high court argued that a Washington, D.C., federal … Read more

Here’s What Happens To The Billions That Go Unspent Each Year

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Here’s What Happens To The Billions That Go Unspent Each Year

Home Business The Secret Life Of Gift Cards: Here’s What Happens To The Billions That Go Unspent Each Year Americans are expected to spend nearly $30 billion on gift cards this holiday season. Gift cards make great stocking stuffers — just as long as you don’t stuff them in a drawer and forget about them … Read more

Visa: Visa, agri, GSP likely to figure in India-US trade policy forum meet in Jan

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Visa: Visa, agri, GSP likely to figure in India-US trade policy forum meet in Jan

NEW DELHI: Issues about visas, promoting agri trade and resumption of benefits under the American generalised system of preferences (GSP) are expected to figure in the meeting of India-US Trade Policy Forum (TPF) in January here, an official said. US Trade Representative Katherine Tai will be here for a meeting with Commerce and Industry Minister … Read more