Forex Card Users Raise Fraud Concerns Company Denies Breach
In Mumbai, a multi-currency forex card issued by Yes Bank in partnership with BookMyFx orex has drawn attention after several customers reported unauthorised international transactions. Users noticed suspicious charges on…
RBI issues draft circular on issuance of debit, credit and prepaid cards
On July 5, the Reserve Bank of India (RBI) released a draught circular on the issuance of debit, credit, and prepaid cards. The central bank stated in the circular on…