Mumbai: The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities. “Members of public are urged to exercise utmost caution while using websites/ applications, and parting with their money to any such unauthorised entity,” the RBI said. Members of the public should verify and satisfy themselves … Read more
New Delhi: Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in one place. With this, customers can effortlessly pay their premiums through various payment modes like net banking, credit cards, and UPI directly within … Read more
Many dissatisfied consumers of the product or the service they have received do not understand how they can seek redressal. Here is a primer on how to file a consumer case and what some of the challenges a complainant can face in the process. Navneeta Nandan explains: What is a consumer dispute? A consumer dispute … Read more
Imagine being in an IT hub and denied the option to pay through UPI transactions. It is hard to believe, but this is what happened to a commuter traveling to Chennai. The auto driver had strict rules pasted inside his auto: “Gpay not available. No stop for ATM withdrawal.” A user, identified as No Context … Read more
Mumbai: The Reserve Bank on Thursday restrained a card network which enabled businesses to make card payments through certain intermediaries to entities that do not accept card payments, as the activity was without “legal sanction”. The Reserve Bank, however did not name the card network or the intermediaries. As per information available, only one card … Read more
