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Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
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How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
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Cashless Payments US Does In 3 Years, India Does In A Month: S Jaishankar
External Affairs Minister S Jaishankar drew an analogy while describing the country's growth in digital public infrastructure and said that the number of cashless transactions the United States does in three years, India does in a month.
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India Records Largest Number Of Cashless Transactions In World: S Jaishankar
India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said today at the 'Raisina@Sydney' Business Breakfast.
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Year 2022 Was Robbery-Free For Denmark Banks. Here's How
As the use of cash has decreased in recent years, Denmark has had its first year without bank robberies.
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UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report
UPI and other non-cash payments will account for 65 percent of all the transactions by 2026, estimated a report by BCG and PhonePe. The report also said that the digital payments industry will be provide $10 trillion (roughly Rs. 7,75,40,800 crore) opportunities in next four years.
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e-RUPI Digital Payment Solution Launched in India by PM Modi
Prime Minister Narendra Modi on Monday, August 2, launched e-RUPI, a digital payment solution powered by the government’s UPI platform. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
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Virus Gives Online Payments Fresh Boost 4 Years After Cash Ban
The coronavirus outbreak may finally accomplish what India's shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.
-
In Digital India, Cash Is King, Admits Paytm Founder
Even more than three years after demonetisation and all-out efforts to make most transactions through electronic, cash is still king, as it thrives in a digital India, said fintech start-up Paytm founder Vijay Sekhar Sharma.
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FASTag Comes Into Force Today, Vehicles Without Tag To Pay Double Toll
FASTag, the system that uses radio frequency identification (RFID) technology to enable cashless toll payments, comes into force today. The prepaid tag, which is affixed on vehicle's windscreen and enables automatic transaction at toll plazas, is designed to bring a seamless experience for commuters.
-
HP Fastlane RFID-Based Fuel Payment Solution Expands Operations To Pune
India's first Radio Frequency Identification (RFID) fuel payment solution, HP Fastlane has expanded its operations to Pune, having established presence in Mumbai, Navi Mumbai and Thane regions in Maharashtra. The initiative has been made in collaboration of Hindustan Petroleum Corporation Limited (HPCL) and AGS Transact Technologies Limited (AGSTTL...
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"Yes To Digital Payment, No To Cash", PM's New Motto For Cashless Economy
Giving a fresh push to digital transactions, Prime Minister Narendra Modi this morning in his Independence Day address gave the motto of "yes to digital payment, no to cash".
-
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.
-
Residents Of This Remote Village In Odisha Don't Depend On Cash Anymore
India is aiming to be a digital economy and a less-cash society. But the aim of digital transactions for curbing corruption and ensuring transparency can be fully achieved only when citizens in the remotest corners of the country are able to carry out cashless transactions.
-
Mobile Phones to Replace Debit Cards, ATMs in 4 Years: Niti Aayog CEO
"India will make credit cards, debit cards and ATMs technologically redundant in next 3-4 years and we all will be using mobiles for doing many transactions," Kant said.
-
Dubai, Crypto.com Ink Deal to Process Payments for Government Services via Crypto
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.Â
-
How UPI Is Enabling A Cashless Economy
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
-
Cashless Payments US Does In 3 Years, India Does In A Month: S Jaishankar
External Affairs Minister S Jaishankar drew an analogy while describing the country's growth in digital public infrastructure and said that the number of cashless transactions the United States does in three years, India does in a month.
-
India Records Largest Number Of Cashless Transactions In World: S Jaishankar
India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said today at the 'Raisina@Sydney' Business Breakfast.
-
Year 2022 Was Robbery-Free For Denmark Banks. Here's How
As the use of cash has decreased in recent years, Denmark has had its first year without bank robberies.
-
UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report
UPI and other non-cash payments will account for 65 percent of all the transactions by 2026, estimated a report by BCG and PhonePe. The report also said that the digital payments industry will be provide $10 trillion (roughly Rs. 7,75,40,800 crore) opportunities in next four years.
-
e-RUPI Digital Payment Solution Launched in India by PM Modi
Prime Minister Narendra Modi on Monday, August 2, launched e-RUPI, a digital payment solution powered by the government’s UPI platform. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
-
Virus Gives Online Payments Fresh Boost 4 Years After Cash Ban
The coronavirus outbreak may finally accomplish what India's shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.
-
In Digital India, Cash Is King, Admits Paytm Founder
Even more than three years after demonetisation and all-out efforts to make most transactions through electronic, cash is still king, as it thrives in a digital India, said fintech start-up Paytm founder Vijay Sekhar Sharma.
-
FASTag Comes Into Force Today, Vehicles Without Tag To Pay Double Toll
FASTag, the system that uses radio frequency identification (RFID) technology to enable cashless toll payments, comes into force today. The prepaid tag, which is affixed on vehicle's windscreen and enables automatic transaction at toll plazas, is designed to bring a seamless experience for commuters.
-
HP Fastlane RFID-Based Fuel Payment Solution Expands Operations To Pune
India's first Radio Frequency Identification (RFID) fuel payment solution, HP Fastlane has expanded its operations to Pune, having established presence in Mumbai, Navi Mumbai and Thane regions in Maharashtra. The initiative has been made in collaboration of Hindustan Petroleum Corporation Limited (HPCL) and AGS Transact Technologies Limited (AGSTTL...
-
"Yes To Digital Payment, No To Cash", PM's New Motto For Cashless Economy
Giving a fresh push to digital transactions, Prime Minister Narendra Modi this morning in his Independence Day address gave the motto of "yes to digital payment, no to cash".
-
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.
-
Residents Of This Remote Village In Odisha Don't Depend On Cash Anymore
India is aiming to be a digital economy and a less-cash society. But the aim of digital transactions for curbing corruption and ensuring transparency can be fully achieved only when citizens in the remotest corners of the country are able to carry out cashless transactions.
-
Mobile Phones to Replace Debit Cards, ATMs in 4 Years: Niti Aayog CEO
"India will make credit cards, debit cards and ATMs technologically redundant in next 3-4 years and we all will be using mobiles for doing many transactions," Kant said.
