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Neon Money Club, a digital financial wellness and investment platform, today announced the launch of the Neon Money Club Cream American Express Card. This is the next step in Neon Money Club's mission to make financial wellness a positive lifestyle...
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Per the RBI norms, financial services companies like Visa, Mastercard, American Express and Diners Club have been required to store Indian payment data locally since October 2018.
In a series of moves last year, India's central bank had indefinitely barred Mastercard and American Express from issuing new debit, credit or prepaid cards.
The Reserve Bank of India on Wednesday lifted curbs imposed on American Express last year that had prevented it from taking on new customers in India, saying the U.S.