Digital Transactions
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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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Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
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Digital Transactions Will Soon Exceed Cash Payments In India: PM Modi
Prime Minister Narendra Modi today expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country.
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UPI Reaches Record High of Payments Worth Rs. 12.82 Lakh Crore in December 2022
Payments through the Unified Payments Interface (UPI) touched a record high of Rs. 12.82 lakh crore in December. During the month, 782 crore transactions in volume terms were done on the platform, which was launched in 2016.
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India Approves Rs. 1,300-Crore Plan to Promote RuPay Debit Cards, Rivalling Visa, Mastercard
India approved a Rs. 1,300 crore plan to promote domestic RuPay debit cards and low-value digital transactions to boost their use in marginalised populations, in a move which could challenge the clout of rivals like Visa and Mastercard.
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India Managed Digital Transactions Worth Over Rs 6 Lakh Crore Every Month: PM
Prime Minister Narendra Modi on Tuesday stated that the country is swiftly changing and turning digital as it has managed to make digital payment transactions worth over Rs 6 lakh crore every month in July, August, and September.
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Response Sought From Centre On Digital Transactions For Visually Impaired
The Delhi High Court on Tuesday sought response of the Centre and the RBI on a plea seeking to lay down standards to make physical currency and digital means of financial transactions accessible to visually impaired people.
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No Charges On Debit Card Transactions Up To Rs 2,000, Says Government
The merchant discount rate on transaction up to Rs 2,000 will be borne by the government for two years.
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Instant Money Transfer With Airtel Payments Bank; Here's How
Bharti Airtel, hasintegrated its payments bank with Unified Payments Interface (UPI) on its digital platform.
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Government Forms Panel to Suggest Data Protection Framework Amid Aadhaar Concerns
The formation of the panel comes amid concerns over personal information being compromised with increasing use of biometric identifier Aadhaar in an array of services.
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RBI Limits Customer Liability in Online Banking Fraud
RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder.
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38 Days To Go For GST, Small Businesses Will Have To Digitise Soon
India's biggest tax reform in history is also set to make its small-to-medium businesses more transparent.
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Allahabad Man Takes To Digital Transactions, Gets Appreciation Letter From PM Modi
A city resident, who took to digital transactions and encouraged his acquaintances to do so on the advice of the Prime Minister, recently received a letter of appreciation from Narendra Modi who said "the fight against black money gets more strength" by efforts of people like him.
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Digital Transactions Increased 23-Fold Post Demonetisation: Niti Aayog
Aadhaar Enabled Payments have increased from 2.5 crores in November 2016 to over 5 crores in March 2017, Niti Aayog said in a statement.
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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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"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.
-
Paytm Disbursed Over Rs. 5,500 Crore in Loans; While UPI Crosses 10 Billion Transactions in August
Fintech major Paytm on Tuesday said it disbursed $667 million (Rs. 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August. Meanwhile, Unified Payments Interface (UPI) transactions crossed 10 billion mark in August, the National Payments Corporation of India (NPCI) said.
-
Digital Transactions Will Soon Exceed Cash Payments In India: PM Modi
Prime Minister Narendra Modi today expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country.
-
UPI Reaches Record High of Payments Worth Rs. 12.82 Lakh Crore in December 2022
Payments through the Unified Payments Interface (UPI) touched a record high of Rs. 12.82 lakh crore in December. During the month, 782 crore transactions in volume terms were done on the platform, which was launched in 2016.
-
India Approves Rs. 1,300-Crore Plan to Promote RuPay Debit Cards, Rivalling Visa, Mastercard
India approved a Rs. 1,300 crore plan to promote domestic RuPay debit cards and low-value digital transactions to boost their use in marginalised populations, in a move which could challenge the clout of rivals like Visa and Mastercard.
-
India Managed Digital Transactions Worth Over Rs 6 Lakh Crore Every Month: PM
Prime Minister Narendra Modi on Tuesday stated that the country is swiftly changing and turning digital as it has managed to make digital payment transactions worth over Rs 6 lakh crore every month in July, August, and September.
-
Response Sought From Centre On Digital Transactions For Visually Impaired
The Delhi High Court on Tuesday sought response of the Centre and the RBI on a plea seeking to lay down standards to make physical currency and digital means of financial transactions accessible to visually impaired people.
-
No Charges On Debit Card Transactions Up To Rs 2,000, Says Government
The merchant discount rate on transaction up to Rs 2,000 will be borne by the government for two years.
-
Instant Money Transfer With Airtel Payments Bank; Here's How
Bharti Airtel, hasintegrated its payments bank with Unified Payments Interface (UPI) on its digital platform.
-
Government Forms Panel to Suggest Data Protection Framework Amid Aadhaar Concerns
The formation of the panel comes amid concerns over personal information being compromised with increasing use of biometric identifier Aadhaar in an array of services.
-
RBI Limits Customer Liability in Online Banking Fraud
RBI directed banks to credit the amount involved in the unauthorised electronic transaction within 10 working days to the account holder.
-
38 Days To Go For GST, Small Businesses Will Have To Digitise Soon
India's biggest tax reform in history is also set to make its small-to-medium businesses more transparent.
-
Allahabad Man Takes To Digital Transactions, Gets Appreciation Letter From PM Modi
A city resident, who took to digital transactions and encouraged his acquaintances to do so on the advice of the Prime Minister, recently received a letter of appreciation from Narendra Modi who said "the fight against black money gets more strength" by efforts of people like him.
-
Digital Transactions Increased 23-Fold Post Demonetisation: Niti Aayog
Aadhaar Enabled Payments have increased from 2.5 crores in November 2016 to over 5 crores in March 2017, Niti Aayog said in a statement.
-
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."
