RBI Asks Visa, Mastercard To Stop Card-Based Commercial Payments | Personal Finance News

[ad_1] Mumbai: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses due to concerns over KYC compliance. While Visa has acknowledged to a communication to this effect from the regulator on February 8, a response from Mastercard was awaited. The development … Read more

LIC Classic, LIC Select Credit Cards With Insurance Cover Of Up To Rs 5 Lakh Launched –Check Other Benefits | Personal Finance News

[ad_1] New Delhi: IDFC FIRST Bank, LIC Cards and Mastercard have announced their collaboration to launch an exclusive co-branded credit card. Available in two variants — LIC Classic and LIC Select, the credit cards are loaded with many exciting benefits such as no joining & annual fees and low interest rates starting from 9% p.a. … Read more