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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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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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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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NPCI Racks Up 1 Billion Transactions In July As Mobile, Aadhaar Payments Surge
NPCI handles payments by cheque and ATM clearing, IMPS, UPI,BHIM, RuPay, POS, e-commerce and also Aadhaar-based 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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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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NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
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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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Aadhaar Pay for Cashless Transactions to Be Launched Soon: Prasad
"They can visit any merchant, share their Aadhaar number and verify themselves using biometrics to pay and receive money," Electronics and IT Minister said.
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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.
-
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.
-
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.
-
NPCI Racks Up 1 Billion Transactions In July As Mobile, Aadhaar Payments Surge
NPCI handles payments by cheque and ATM clearing, IMPS, UPI,BHIM, RuPay, POS, e-commerce and also Aadhaar-based 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."
-
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.
-
NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
-
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.
-
Aadhaar Pay for Cashless Transactions to Be Launched Soon: Prasad
"They can visit any merchant, share their Aadhaar number and verify themselves using biometrics to pay and receive money," Electronics and IT Minister said.
