Digital Transaction
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UPI Payments Up To Rs 2,000 Are Free. Here's What Happens Beyond That
If you pay Rs 5,000 or Rs 10,000 through UPI, there is currently no government-announced consumer transaction fee that automatically applies.
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SBI Cash Withdrawals To Get Costlier After 4 Free Uses. All You Need To Know
If you hold a Basic Savings Bank Deposit (BSBD) account, you still get four free withdrawals every month. Nothing changes there.
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"Why Cash?" Woman Raises Concern After School Asks Parents To Bring Cash To Purchase Books
Following her post, a discussion regarding payment systems in schools has begun to unfold on social media.
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India's Digital Transactions Surge Over 10x In Seven Years, UPI Hits Exponential 114% CAGR
Digital transactions growth: While the digital payments grew over 10 times, UPI transactions have surged exponentially to 18,587 crore.
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Growth In Digital Payments: Women Outpace Men
This trend is due to increased tech-savviness and mobile internet adoption by women, as well as easier e-KYC processes and greater contribution from rural women.
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Payments Body Writes To PMO For Merchant Discount Rate On UPI, RuPay Debit
The government views the Unified Payments Interface as a social good, a way of getting more and more people onboard the digital payments bandwagon.
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Sebi May Allow Investments In Mutual Funds Via Digital Wallet: Report
The move would help in speedy and easy transactions, while reducing failures due to payment gateway issues.
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NITI Aayog For Lucky Draws To Encourage Digital Transactions
NITI Aayog has also proposed quarterly draw for grand prizes and asked NPCI that while designing the scheme the focus will be on poor, lower middle class and small businesses.
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Government, RBI Taking Steps To Lower Digital Transaction Cost: Arun Jaitley
Finance Minister Arun Jaitley said the government and the Reserve Bank are taking measures to bring down the digital transaction cost with an aim to move towards a less-cash economy.
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PSU Banks Seek Higher Capital Infusion From Government
Under the Indradhanush roadmap announced last year, the government will infuse Rs 25,000 crore in PSU banks during the current fiscal.
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46% Tax Saving For Small Traders For Using Digital Transactions
Currently, small traders, with turnover of up to Rs 2 crore who do not maintain proper accounts are presumed to have earned 8 per cent income or profit.
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PM Launches BHIM App: Here's All You Need To Know
Unlike Mobile wallets, the user of BHIM app does not have to load money in it as the app is linked to the user's bank account.
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Transactions Through Cards Rise 7% Post-Demonetisation
The highest jump was witnessed in transactions through Unified Payments Interface - from one million per day in November 2016 to 30 million in May 2017.
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Notes Ban: Cash Deals Worth Rs 25,000 Crore Move To Digital Mode
The Economic Research Department of State Bank of India carried out the survey from December 30, 2016 to January 3, 2017 so as to understand the nuances of demonetisation.
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Niti Aayog To Rank States On Digital Metrics, Seeks Data
According to government data, the number of USSD transactions saw a whopping 5,135 per cent jump to 5,078 deals a day on December 25, from a mere 97 on November 8.
-
UPI Payments Up To Rs 2,000 Are Free. Here's What Happens Beyond That
If you pay Rs 5,000 or Rs 10,000 through UPI, there is currently no government-announced consumer transaction fee that automatically applies.
-
SBI Cash Withdrawals To Get Costlier After 4 Free Uses. All You Need To Know
If you hold a Basic Savings Bank Deposit (BSBD) account, you still get four free withdrawals every month. Nothing changes there.
-
"Why Cash?" Woman Raises Concern After School Asks Parents To Bring Cash To Purchase Books
Following her post, a discussion regarding payment systems in schools has begun to unfold on social media.
-
India's Digital Transactions Surge Over 10x In Seven Years, UPI Hits Exponential 114% CAGR
Digital transactions growth: While the digital payments grew over 10 times, UPI transactions have surged exponentially to 18,587 crore.
-
Growth In Digital Payments: Women Outpace Men
This trend is due to increased tech-savviness and mobile internet adoption by women, as well as easier e-KYC processes and greater contribution from rural women.
-
Payments Body Writes To PMO For Merchant Discount Rate On UPI, RuPay Debit
The government views the Unified Payments Interface as a social good, a way of getting more and more people onboard the digital payments bandwagon.
-
Sebi May Allow Investments In Mutual Funds Via Digital Wallet: Report
The move would help in speedy and easy transactions, while reducing failures due to payment gateway issues.
-
NITI Aayog For Lucky Draws To Encourage Digital Transactions
NITI Aayog has also proposed quarterly draw for grand prizes and asked NPCI that while designing the scheme the focus will be on poor, lower middle class and small businesses.
-
Government, RBI Taking Steps To Lower Digital Transaction Cost: Arun Jaitley
Finance Minister Arun Jaitley said the government and the Reserve Bank are taking measures to bring down the digital transaction cost with an aim to move towards a less-cash economy.
-
PSU Banks Seek Higher Capital Infusion From Government
Under the Indradhanush roadmap announced last year, the government will infuse Rs 25,000 crore in PSU banks during the current fiscal.
-
46% Tax Saving For Small Traders For Using Digital Transactions
Currently, small traders, with turnover of up to Rs 2 crore who do not maintain proper accounts are presumed to have earned 8 per cent income or profit.
-
PM Launches BHIM App: Here's All You Need To Know
Unlike Mobile wallets, the user of BHIM app does not have to load money in it as the app is linked to the user's bank account.
-
Transactions Through Cards Rise 7% Post-Demonetisation
The highest jump was witnessed in transactions through Unified Payments Interface - from one million per day in November 2016 to 30 million in May 2017.
-
Notes Ban: Cash Deals Worth Rs 25,000 Crore Move To Digital Mode
The Economic Research Department of State Bank of India carried out the survey from December 30, 2016 to January 3, 2017 so as to understand the nuances of demonetisation.
-
Niti Aayog To Rank States On Digital Metrics, Seeks Data
According to government data, the number of USSD transactions saw a whopping 5,135 per cent jump to 5,078 deals a day on December 25, from a mere 97 on November 8.
