Fintech News Bytes

credits: cardmaven

4 Likes

So basically entry level to mid level popular credit card reward ranges between 1 to 5%
Jupiter edge cc reward ranges between 0.4 to 1% or 2%

4 Likes

Highly recommended these market snapshots shared by Groww. It captures the Indian market movements and other major events surrounding it in a minimal yet effective way!

Both the Daily and Weekly digests also include other informative tidbits explained in simple English. This, especially if you’re someone getting started and don’t have time to sift through all the business news portals.

5 Likes

Thank you for 5K MMT Voucher, Jupiter :rocket::gift:

4 Likes

Congrats :clap::clap:

Mastercard launches CVV-free payment feature for tokenised transactions, allowing cardholders to complete transactions without entering the CVV.

Visa and RuPay had previously introduced CVV-free payment features for their card users.

3 Likes

Have anyone heard about dynamic CVV? Looks interesting :thinking:

  • Heard about dynamic CVV
  • New one for me
  • Have a card with dynamic CVV
0 voters

1 Like

But I always need CVV for saved cards also even after tokenised :roll_eyes: is there any limit for payment without cvv ?

1 Like

2000/- without entering cvv. I saw this on Zomato.

Wait, how does it get charged? :face_with_spiral_eyes:

1 Like

For transactions below 2000, it either will automatically place the charge or will only prompt for the OTP

1 Like

Powered by a tiny battery that can hold charge for more than expiry of the card . :thinking:

1 Like

Do you think icici bank debit card grid number really give extra security ?

What is the use of DC or CC card behind signature white part ?

NPCI and online merchants are optimistic about a new UPI innovation, but PhonePe and Google Pay may face a challenge to their dominance.

The innovation aims to facilitate faster payments, causing concern for UPI apps (TPAP).

4 Likes

Stable Money

:zap: Invest in FD of banks without making an account with that bank
:zap:Min FD amount 1000rs


App link: Stable Money - India's Best FD Investment Platform (referral)

6 Likes

Currently supports:
:zap: Utkarsh sf bank
:zap:Sriram finance
:zap: Bajaj finance

Others are showing coming soon

1 Like

Concept is very similar to IndMoney.
Do they ask the user to set up a savings account?

2 Likes

They don’t ask for setting up an account but, ultimately they do have to open an account.

In IND Money, they do open a saving account.
Although, you can’t use like a normal saving account.

1 Like

Now, one can do UPI transaction directly from the Digital Rupee.

2 Likes

This is interesting. Thanks @Aswin_Benny for sharing. :slight_smile:

1 Like