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You Could Soon Earn Cashbacks On GST For Payments Made Digitally
The GST Council today cleared a proposal to offer cashbacks to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.
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BHIM App Now Offers Cashback Worth Up to Rs. 750 to Customers
BHIM app users will receive cashback worth Rs. 51 on successfully completing their first transactions through the app.
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NPCI's Digital Transactions Surge To 145.46 Million In December
The value of transactions in December also jumped to Rs 13,144 crore from a mere Rs 1,568 crore in January, 2017
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Digital Transactions To Zoom As Government Set To Cushion MDR. 5 Things To Know
The cabinet on Friday decided that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ AePS transactions up to a value of Rs.2,000 will be borne by the government
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Digital Push: Government To Reimburse Merchant Discount Rate For Transactions Upto Rs 2,000
Consumer and the merchant will not suffer any additional burden in the form of merchant discount rate (MDR), expected to give a boost to digital transactions.
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BHIM Cashback Merchant Incentive Scheme Extended Till March 31
The scheme was launched by Prime Minister Narendra Modi on April 14 for a period of six months for promoting cashless payments through the BHIM app.
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BHIM Transactions Cross Rs 1,600 Crore: What Is UPI, How To Use BHIM And More
To start using the BHIM app to send/receive money and use its other features, you need to register on the app to set up a four-digit passcode and a UPI-PIN or UPI Personal Identification Number.
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111.45 Crores Worth of Digital Payment Transactions Made in May 2017: Chaudhary
Minister of State for Electronics and IT P P Chaudhary made the statement in a written reply to the Lok Sabha.
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Transactions Of Rs 1,500 Crore On BHIM App So Far: Ravi Shankar Prasad
Responding to a mention made by Samajwadi Party member Jaya Bachchan during the Zero Hour in the House, Ravi Shankar Prasad said more than 2 crore people have been trained by common service centres on digital payments.
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Cash Use Rises, but 35 Million People Stay on Digital Platforms: NPCI
"If you look at on standalone basis, the country would have added 30-35 million customers on the digital platforms, who have stayed on digital platforms."
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WhatsApp's Big Plan For India Would Be A Global First For The Company
Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.
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State-Backed Rivals Force India's E-Payment Firms to Step Up
The government is rolling out three tools to facilitate rival cashless transactions - the BHIM UPI app, Aadhaar pay, and Bharat QR.
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BHIM App Finally Launched for iPhone
BHIM app, which was available only on Android till now, has finally been launched for iOS devices like iPhones and iPads.
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BHIM App Users Have Made Transactions Worth Rs. 361 Crores Till Date: Government
Minister of State for Planning Rao Inderjit Singh also said the BHIM app has brought various banks under one umbrella, making it convenient for the users.
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Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More
The industry is particularly enthused by the removal of import duty for point of sales (PoS) machines.
-
You Could Soon Earn Cashbacks On GST For Payments Made Digitally
The GST Council today cleared a proposal to offer cashbacks to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.
-
BHIM App Now Offers Cashback Worth Up to Rs. 750 to Customers
BHIM app users will receive cashback worth Rs. 51 on successfully completing their first transactions through the app.
-
NPCI's Digital Transactions Surge To 145.46 Million In December
The value of transactions in December also jumped to Rs 13,144 crore from a mere Rs 1,568 crore in January, 2017
-
Digital Transactions To Zoom As Government Set To Cushion MDR. 5 Things To Know
The cabinet on Friday decided that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ AePS transactions up to a value of Rs.2,000 will be borne by the government
-
Digital Push: Government To Reimburse Merchant Discount Rate For Transactions Upto Rs 2,000
Consumer and the merchant will not suffer any additional burden in the form of merchant discount rate (MDR), expected to give a boost to digital transactions.
-
BHIM Cashback Merchant Incentive Scheme Extended Till March 31
The scheme was launched by Prime Minister Narendra Modi on April 14 for a period of six months for promoting cashless payments through the BHIM app.
-
BHIM Transactions Cross Rs 1,600 Crore: What Is UPI, How To Use BHIM And More
To start using the BHIM app to send/receive money and use its other features, you need to register on the app to set up a four-digit passcode and a UPI-PIN or UPI Personal Identification Number.
-
111.45 Crores Worth of Digital Payment Transactions Made in May 2017: Chaudhary
Minister of State for Electronics and IT P P Chaudhary made the statement in a written reply to the Lok Sabha.
-
Transactions Of Rs 1,500 Crore On BHIM App So Far: Ravi Shankar Prasad
Responding to a mention made by Samajwadi Party member Jaya Bachchan during the Zero Hour in the House, Ravi Shankar Prasad said more than 2 crore people have been trained by common service centres on digital payments.
-
Cash Use Rises, but 35 Million People Stay on Digital Platforms: NPCI
"If you look at on standalone basis, the country would have added 30-35 million customers on the digital platforms, who have stayed on digital platforms."
-
WhatsApp's Big Plan For India Would Be A Global First For The Company
Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.
-
State-Backed Rivals Force India's E-Payment Firms to Step Up
The government is rolling out three tools to facilitate rival cashless transactions - the BHIM UPI app, Aadhaar pay, and Bharat QR.
-
BHIM App Finally Launched for iPhone
BHIM app, which was available only on Android till now, has finally been launched for iOS devices like iPhones and iPads.
-
BHIM App Users Have Made Transactions Worth Rs. 361 Crores Till Date: Government
Minister of State for Planning Rao Inderjit Singh also said the BHIM app has brought various banks under one umbrella, making it convenient for the users.
-
Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More
The industry is particularly enthused by the removal of import duty for point of sales (PoS) machines.
