"The Reserve Bank of India (RBI) has mandated that all credit card payments be processed through the Bharat Bill Payment System (BBPS) by June 30" - TAKEN FROM NEWS WEBSITE
**This will remove Phonepe, cred etc from credit card payment, which is a lose to us as well becoz these platforms...
Hi Technofino Community,
I want to share my experience with a failed transaction on Mobikwik and the process I went through to get compensated, hoping it might help others facing similar issues.
On 1st July 2022, I made a transaction on Mobikwik for ₹2500, but the transaction failed. After the...
The RBI has finally imposed penalties on a bank for charging non-maintenance penalties from their customers. On May 27, 2024, the RBI imposed a penalty of Rs. 91 lakhs on Yes Bank for charging non-maintenance penalties from their customers' savings accounts even when their account balance was...