Home National Mumbai: Debit Credit Card (Unused) online Transaction facility will be Disabled with effect from March 16

Mumbai: Debit Credit Card (Unused) online Transaction facility will be Disabled with effect from March 16

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Mumbai: Debit Credit Card (Unused) online Transaction facility will be Disabled with effect from March 16

Mumbai: In a new development, news comes to light that those till now have not used their online Debit/CreditCard Transaction from March 16 it will be Disabled..

Reportedly the Reserve Bank of India has allowed the Bank only for Domestic Transaction at ATM and PoS terminal in India has been allowed to do it.

Those who need to go in for International transaction then they can go for a seperate set-up of their Debit / Credit through service bank

Existing Users of Domestics and International online Transaction can decide for themselves whether to keep both the facilities in operation or not.
This new rule is applicable from March 16,2020.

News Edit by K.V.Raman

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