Thu, Sep 01, 2022
Of the other data sets on the NCPI framework, the instant transfer-based IMPS clocked transactions worth Rs 4.46 lakh crore in August, relating to a total of 46.69 crore transactions
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Fri, Apr 01, 2022
Digital transactions have seen an unprecedented jump in the last few years amid promotion of digital payments by the government and wider acceptability among youth and working class for this payment method
Thu, Dec 23, 2021
Here is this article, FAQs on Tokenisation – Card Transactions have been answered as per the information given on RBI website - rbi.org.in
Wed, Dec 15, 2021
The Union Cabinet approved reimbursement of Rs 1,300 crore on digital transactions using UPI and Rupay debit cards, Electronics and IT Minister Ashwini Vaishnaw said.
Mon, Aug 31, 2020
If any bank has deducted charges for your UPI, UPI QR Code or RuPay Cards transactions, then the bank will have to refund it.
Sun, Aug 09, 2020
The pilot scheme should be undertaken till March 31, 2021 only, the notification said, and added the RBI would decide on formalising such a system based on the experience gained under the pilot.'
Wed, Aug 07, 2019
The RBI has decided to allow 24x7 fund transfers through NEFT from December this year in order to promote digital transactions.
Wed, Apr 17, 2019
Although Indians have embraced digital transactions, rampant social engineering and phishing email incidents have led to doubling of financial cybercrimes, reveals FIS PACE report.
Fri, Nov 30, 2018
Not many regions especially the rural areas, have been comfortable in using digital portals. However, electronic payment system has been a success story for the NDA government.
Thu, Aug 02, 2018
Dealing with cash is a frustrating experience. How, when and where it disappears is very difficult to keep track of. So, here is a solution that will not get your hands dirty!
Mon, Apr 30, 2018
The proposal also seeks to provide cashback benefits, which is being termed as tax credit, to businesses. Businesses can get a cashback based on the quantum of turnover through the digital mode. Sources close to the development informed Zee Business that the proposal that seeks to encourage digital transactions across India will be placed before the GST Council that is supposed to meet on May 4, 2018.
Sun, Apr 29, 2018
The government is working on a proposal to incentivise digital transactions by providing cashbacks to businesses and price benefits to consumers, a source said.
Tue, Feb 27, 2018
IndusInd Bank plans to harness the power of Blockchain technology for facilitating global payments.
Sat, Dec 30, 2017
More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.
Wed, Dec 13, 2017
The KPMG survey report titled 'Me, My Life, My Wallet: A New Customer Engagement Framework', also said that almost 57% people in the country would rather lose their phone than their wallet compared to 61% in UK, 74% in US and 29% in China.
Wed, Dec 06, 2017
In a move to boost cashless transactions, Government of India has started promoting BHIM app for ticket booking, payment facility.
Fri, Nov 24, 2017
The government has clarified that it has no plans on scrapping the cheque book facility of banks.
Wed, Nov 08, 2017
Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China`s Alibaba-backed PayTM, the country`s leading digital payments firm.
Post demonetisation currency in circulation has fallen, while cash withdrawals soar and digital transactions at point of sales terminals also increase, we ask – Is India now a ‘less cash’ society?
Tue, Nov 07, 2017
The government is working on launching the second phase of promoting digital payments from January, according to an official source.
Sun, Nov 05, 2017
Digital transactions through Unified Payments Interface (UPI) have surged exponentially 77 times within a year of the demonetisation drive.
Sun, Jul 16, 2017
Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'.
Thu, Jul 13, 2017
Demonetisation has led to higher digital transactions in India which has pushed the country to leapfrog into the future in terms of electronic payments.
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