digital payments

HDFC Bank unveils PIXEL Play: All you need to know about India’s first virtual credit card

by
HDFC Bank unveils PIXEL Play: All you need to know about India’s first virtual credit card

HDFC Bank has launched ‘PIXEL’ credit cards that are being billed as fully digital offerings. PIXEL comes in two versions ‘PIXEL Play’ and ‘PIXEL Go’. While banks already allow electronic versions of physical credit cards enabling UPI and digital transactions, HDFC’s PIXEL Play and PIXEL Go are entirely digital offerings. The customer will be onboarded … Read more

Will UPI cash deposit facility render debit cards irrelevant?

by
Will UPI cash deposit facility render debit cards irrelevant?

Will the RBI’s (Reserve Bank of India) latest decision to allow UPI (Unified Payments Interface) for cash deposits at ATMs (Automated Teller Machines) result in debit cards losing their relevance? The once ubiquitous debit cards are already slowly giving way to UPI. While the share of mobile payments has more than doubled in the last … Read more