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LIC to launch credit card in September

Written on 6 Mar, 2008 at 20:46 in General, New Credit Cards | viewed 1,390 views times | 1 Comment

The credit card business seems to be attracting everyone to it. Joining the long list of new credit card launches, Life Insurance Corporation of India (LIC) announced that it will launch its own credit card in September this year. LIC... (Continue reading)

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DCB launches credit card business

Written on 5 Mar, 2008 at 0:53 in DCB, General, ICICI, News | viewed 1,140 views times | 2 Comments
DCB launches credit card business

Development Credit Bank (DCB) has announced the launch of its credit card business in India. ICICI bank will manage the credit card business for DCB. DCB has named its credit card as, the DCB Advantage Credit Card which will be... (Continue reading)

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Reliance (RCom) and HDFC launch MPay mobile credit card

Written on 20 Feb, 2008 at 2:13 in HDFC | viewed 1,259 views times | 1 Comment

Reliance communication and HDFC bank have just launched India’s first mobile credit card “MPay”. The system uses a mobile phone to make payments instead of the standard credit card that is physically swiped. The system is secure says HDFC, even... (Continue reading)

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Standard Chartered and Emirates Airlines launch co-branded credit card

Written on 7 Feb, 2008 at 0:33 in standard chartered | viewed 1,425 views times | 1 Comment

Standard Chartered bank and Emirates Airlines launched a new co-branded credit card today. The credit card is aimed at frequent travelers offering various travel related benefits. The Standard chartered and Emirates co-branded credit card will be available in two variants Titanium... (Continue reading)

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IndiaPay: India’s answer to Visa and MasterCard

Written on 5 Feb, 2008 at 18:03 in News | viewed 746 views times | 0 Comments

According to a press release from Indian Banks’ Association (IBA), a business plan is currently being made ready to launch a national card payment settlement company. According to figures released by Reserve Bank of India (RBI) on January 16 2008... (Continue reading)

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Should banks use recovery agents? How do you deal with credit card defaulters?

Written on 1 Feb, 2008 at 5:41 in General | viewed 1,313 views times | 3 Comments

A question that has been doing the rounds for some time now. Are banks justified in using recovery agents to collect money from defaulters? The banks obviously would love to say yes but are they justified when these recovery agents... (Continue reading)

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India among top 3 countries to use credit cards for online shopping

Written on 29 Jan, 2008 at 19:48 in News, Reports, Surveys | viewed 1,906 views times | 0 Comments

Research firm Nielsen released its latest report the “Nielson Global Online Survey on Internet Shopping Habits” with some interesting facts on online shopping behavior from online shoppers around the world. According to the survey India came in third with 84%... (Continue reading)

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SBI asks credit card users to use credit wisely

Written on 28 Jan, 2008 at 21:21 in Citibank, SBI | viewed 1,016 views times | 0 Comments

Following the lead of other banks like Citibank India, SBI today launched a campaign to educate credit card users on using credit wisely. This move comes after the RBI had suggested that banks educate their consumers on how to avoid... (Continue reading)

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Cleartrip now accepts debit cards and international credit cards

Written on 23 Jan, 2008 at 18:54 in News | viewed 1,180 views times | 0 Comments
Cleartrip now accepts debit cards and international credit cards

Online travel portal Cleartrip just announced the launch of an upgrade to its payment system which now accepts debit cards from HDFC Bank and Axis Bank. That’s not all, it also announced that they are now accepting international credit cards... (Continue reading)

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Kotak Mahindra Bank to launch credit card by March

Written on 11 Jan, 2008 at 0:17 in Banks, kotak mahindra | viewed 501 views times | 0 Comments

As part of its retail banking expansion plan, Kotak Mahindra bank plans to launch its credit card business by March 2008. Kotak Mahindra will launch credit cards targeted at high net worth individuals. The bank plans to launch the silver,... (Continue reading)

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