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Payment Card Industry Data Security Standard

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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......

FULL TEXT of PM Modi's I-Day address

Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.  IMAGE: Prime Minister Narendra Modi addresses the nation......

Ceasefire violations, child abuse cases... What Parliament discussed on Friday

Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes......

Why the UID number project must be scrapped

Human right activist Gopal Krishna makes a case that the Unique Identification Number project is a gross violation of fundamental human rights and points out that a similar project/law in Britain......

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......

Why RBI Is Worried About The Rise In Personal Loans

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with......

Aviation Industry Vulnerable To Cyberattacks

Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility. Illustration: Uttam Ghosh/Rediff.com   Low-cost airline SpiceJet suffered a......

Card users may have to bear cost of RBI's new norms

The recent Reserve Bank of India (RBI) norms on tokenisation services, which will be offered by card networks, are likely to result in merchants and payment aggregators incurring a cost as they......

Customers in limbo as banks, RBI thrash out differences

The RBI is not willing to ease its stance on tokenisation, insisting that payment facilitators cannot store customer card details. Illustration: Dominic Xavier/Rediff.com The payments industry is......

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