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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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New Details Of 'Money Trail' Emerge In Baba Siddique Murder Case
Funds were transferred to a bank account in Gujarat on the direction of the Lawrence Bishnoi gang and missing accused Shubham Lonkar in the Baba Siddique murder case.
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Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
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You Can't Use Paytm Payments Bank Wallet, Transfers After Feb 29. See Banned Services
The Reserve Bank of India has taken action against Paytm Payments Bank after it directed the bank to not onboard new customers over supervisory concerns.
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Vijay Mallya Sentenced To 4 Months' Jail By Supreme Court For Contempt
A plea by a consortium of banks led by the State Bank of India (SBI) sought contempt action and a direction to Vijay Mallya to deposit $40 million received from offshore firm Diageo.
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Pay Farmers Within 72 Hours Of Crop Procurement: Adityanath To Officials
With Rabi crop procurement for 2022-23 beginning on Friday, Uttar Pradesh Chief Minister Yogi Adityanath directed officials to ensure that the money is transferred to the bank accounts of farmers within 72 hours of crop procurement.
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Uttar Pradesh Government To Transfer Money To Bank Accounts Of Students' Parents To Buy Uniform, School Bags
Presently, the uniforms, shoes, school bags are provided to the students through the schools for free. For carrying forward the scheme, the parents of 1.6 crore students will be provided a total amount of about Rs 1,800 crore through direct benefit transfer (DBT).
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Punjab Farm Agents 'Arhtiyas' Withdraw Strike After Amarinder Singh's Assurance
A few hours after going on a state-wide strike against the Centre's direction to the state government to transfer the minimum support price of farmers' crops directly to their bank accounts, ''arhtiyas'' in Punjab on Saturday withdrew their strike.
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Punjab Agrees To Implement Direct Bank Transfer For Farmers From April 10
Punjab Finance Minister Manpreet Singh Badal on Thursday said the state government has "no choice" but to implement the Centre's mandated instruction on direct bank transfer of MSP to farmers from the current season.
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Punjab Asks Centre To Defer Direct Bank Transfer Scheme For Farmers
Punjab Chief Minister Amarinder Singh has opposed the Centre's scheme to make a direct online payment of the MSP to farmers' bank accounts, bypassing arhtiyas (commission agents), for the crops to be procured by the government from the next Rabi season.
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How to Recharge Mobile From PhonePe App Through UPI
PhonePe is a digital payments platform that allows you to make payments, transfer funds, pay their bills, get recharges, and more directly from the app.
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Financial Aid To 8 Lakh Tea Garden Workers Ahead Of Assam Election
Finance Minister Nirmala Sitharaman today launched the third phase of the direct benefit transfer (DBT) of Assam government to some eight lakh bank accounts in tea gardens of the state. Each account will be credited with Rs 3,000 each; in the first two instalments Rs 5,000 each was credited.
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COVID-19: Chhattisgarh Becomes First State To Provide Online Funds To Private Schools
During the COVID-19 pandemic, Chhattisgarh has become the first state in the country to provide online funds to private schools. School Education Minister Dr. Premasai Singh Tekam on Wednesday transferred Rs 101 crore of tuition fee directly to the bank accounts of 4473 private schools.
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Paytm Payments Bank to Deliver Cash at Home to Support Senior Citizens in Delhi NCR
Cash at Home' facility is the latest among the services that the bank has launched to make the banking experience more convenient and accessible for its customers. Recently, it has launched a Direct Benefits Transfer (DBT) facility where it enabled customers to receive the benefits of over 400 government subsidies directly into their PPBL Savings A...
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Maharashtra Minister Blames Central System For Scholarship Transfer Delay
The Centre-controlled Personal Fund Management System (PFMS) is causing delay in direct transfer of scholarship amounts to the bank accounts of students from the Scheduled Castes in Maharashtra, Social Justice Minister Dhananjay Munde told the council on Monday.
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
New Details Of 'Money Trail' Emerge In Baba Siddique Murder Case
Funds were transferred to a bank account in Gujarat on the direction of the Lawrence Bishnoi gang and missing accused Shubham Lonkar in the Baba Siddique murder case.
-
Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
-
You Can't Use Paytm Payments Bank Wallet, Transfers After Feb 29. See Banned Services
The Reserve Bank of India has taken action against Paytm Payments Bank after it directed the bank to not onboard new customers over supervisory concerns.
-
Vijay Mallya Sentenced To 4 Months' Jail By Supreme Court For Contempt
A plea by a consortium of banks led by the State Bank of India (SBI) sought contempt action and a direction to Vijay Mallya to deposit $40 million received from offshore firm Diageo.
-
Pay Farmers Within 72 Hours Of Crop Procurement: Adityanath To Officials
With Rabi crop procurement for 2022-23 beginning on Friday, Uttar Pradesh Chief Minister Yogi Adityanath directed officials to ensure that the money is transferred to the bank accounts of farmers within 72 hours of crop procurement.
-
Uttar Pradesh Government To Transfer Money To Bank Accounts Of Students' Parents To Buy Uniform, School Bags
Presently, the uniforms, shoes, school bags are provided to the students through the schools for free. For carrying forward the scheme, the parents of 1.6 crore students will be provided a total amount of about Rs 1,800 crore through direct benefit transfer (DBT).
-
Punjab Farm Agents 'Arhtiyas' Withdraw Strike After Amarinder Singh's Assurance
A few hours after going on a state-wide strike against the Centre's direction to the state government to transfer the minimum support price of farmers' crops directly to their bank accounts, ''arhtiyas'' in Punjab on Saturday withdrew their strike.
-
Punjab Agrees To Implement Direct Bank Transfer For Farmers From April 10
Punjab Finance Minister Manpreet Singh Badal on Thursday said the state government has "no choice" but to implement the Centre's mandated instruction on direct bank transfer of MSP to farmers from the current season.
-
Punjab Asks Centre To Defer Direct Bank Transfer Scheme For Farmers
Punjab Chief Minister Amarinder Singh has opposed the Centre's scheme to make a direct online payment of the MSP to farmers' bank accounts, bypassing arhtiyas (commission agents), for the crops to be procured by the government from the next Rabi season.
-
How to Recharge Mobile From PhonePe App Through UPI
PhonePe is a digital payments platform that allows you to make payments, transfer funds, pay their bills, get recharges, and more directly from the app.
-
Financial Aid To 8 Lakh Tea Garden Workers Ahead Of Assam Election
Finance Minister Nirmala Sitharaman today launched the third phase of the direct benefit transfer (DBT) of Assam government to some eight lakh bank accounts in tea gardens of the state. Each account will be credited with Rs 3,000 each; in the first two instalments Rs 5,000 each was credited.
-
COVID-19: Chhattisgarh Becomes First State To Provide Online Funds To Private Schools
During the COVID-19 pandemic, Chhattisgarh has become the first state in the country to provide online funds to private schools. School Education Minister Dr. Premasai Singh Tekam on Wednesday transferred Rs 101 crore of tuition fee directly to the bank accounts of 4473 private schools.
-
Paytm Payments Bank to Deliver Cash at Home to Support Senior Citizens in Delhi NCR
Cash at Home' facility is the latest among the services that the bank has launched to make the banking experience more convenient and accessible for its customers. Recently, it has launched a Direct Benefits Transfer (DBT) facility where it enabled customers to receive the benefits of over 400 government subsidies directly into their PPBL Savings A...
-
Maharashtra Minister Blames Central System For Scholarship Transfer Delay
The Centre-controlled Personal Fund Management System (PFMS) is causing delay in direct transfer of scholarship amounts to the bank accounts of students from the Scheduled Castes in Maharashtra, Social Justice Minister Dhananjay Munde told the council on Monday.
