Nivedita Mookerji / New Delhi Dec 16, 2012, 00:47 New concepts, innovations & getting business model

l right will

be enablers & growth drivers. Ankur Warikoo, CEO of Groupon India, The big churn has taken place and people have realized ecommerce is not childs play. There will be an generation that has grown up with Internet at home & school ready to spend online by 2015 We, that is the industry, wont have to do much, -Warikoo

WHAT IS A CREDIT CARD? A CREDIT CARD IS ..

Nov. 9, 2012 (7:28 am) It has a digital display on the front as well as a numerical keypad. It allows customers to create a one-time password for online transactions. Currently being introduced in Singapore. The industry is finally starting to shift a little bit with mobile payments, but

those have only been successfully rolled out in a few regions. Users are already comfortable & familiar with is a much easier way to implement widespread adoption.

WHAT IS

Neha Pandey Deoras / Mumbai Nov 21, 2012, 17:41 IST Bank launched Diamant, a super premium card for private banking customers. Addition to Gemstone Collection of credit cards. Has premium offerings on travel, shopping & entertainment hubs. Card are access to over 50 private islands in the Indian Ocean, the Caribbean Isles, off

the coasts of New Zealand and Australia and in Europes famed Aegean and Mediterranean Sea. This card is made to meet the diverse requirements of our customers & offers competitive benefits & rewards.

WHAT IS A DEBIT CARD?

A DEBIT CARD IS ..

Anita Bhoir, ET Bureau Dec 12, 2012, 10.28PM IST Issue Online Debit Cards- there is immediate debit to customer's account, &

where straight through processing is involved. Offline debit card- discontinue operations within a period of six months. Acc. to RBI debit card issuance norms banks will not be permitted to dispatch unsolicited cards. Central bank directs to put in place a debit cards issuance policy.

WHAT IS E-PAYMENT?

G. NAGA SRIDHAR, HYDERABAD, DEC 20 I think technology made bank-strikes irrelevant for many because of

increasing use of alternative channels, B.A. Prabhakar, Chairman & Managing Director, Andhra Bank, told Business Line. Bank-strikes now seem to be non-issue for many, thanks to technology. The increasing presence of ATMs, Internet banking and e-payment gateways are working in favour of bank customers. The % of total transactions on alternative channels had gone up to 35.14 % in SBI as on Sep 30, 2012, compared to 31% in the year-ago period. In rural areas, the impact could be higher.