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All India Credit Card Users Association

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Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Now credit cards to users with surrogate income

The Reserve Bank of India has allowed banks to issue credit cards to individuals with no independent means of income.Earlier, the RBI, in its draft guidelines on credit cards, had proposed to ban......

Paytm: What's working and what's next?

The Reserve Bank of India (RBI) has barred Paytm Payments Bank from most operations, including taking deposits and fund transfers with effect from March 1, 2024. Photograph: Amit Dave/Reuters The......

Future of digital payments in India

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.' IMAGE: Cutlery vendor switches on Paytm at a roadside......

Paytm denies any Enforcement Directorate probe into money laundering

One97 Communications Ltd (OCL), the parent firm of fintech major Paytm, has denied reports about any investigation by the Enfo­rcement Directorate (ED) into the company, its associates, and its......

Has Paytm Woken Up Too Late?

Has Vijay Shekhar Sharma given up on the bank?For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay. IMAGE: A cobbler uses Paytm as a mode......

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