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Govt ropes in ICICI Bank to enable cashless payments on e-NAM
Thu, Dec 07, 2017
ICICI Bank will enable BHIM (Bharat Interface for Money) and Unified Payments Interface (UPI) on the e-NAM portal for making cashless payments, the official added.
Govt pushes for railway ticket booking via BHIM app
Wed, Dec 06, 2017
In a move to boost cashless transactions, Government of India has started promoting BHIM app for ticket booking, payment facility.
Use UPI to book rail tickets at reservation counters
Fri, Dec 01, 2017
The Railways has extended the facility for payment through UPI/BHIM on all the ticket counters. This facility to book e-tickets online has already been implemented on the IRCTC website.
UPI transaction surged exponentially within year of demonetisation
Sun, Nov 05, 2017
Digital transactions through Unified Payments Interface (UPI) have surged exponentially 77 times within a year of the demonetisation drive.
Google Tez may have got 7.5 million users in 5 weeks, but many are still unhappy
Mon, Oct 30, 2017
Many of the comments by users have been negative as users often have complained against money being deducted from their account but not being delivery to the receiver.
UPI still way behind other digital payments despite growing tie-ups with mobile apps
Mon, Sep 18, 2017
Google finally launched Tez mobile payment app which is integrated with UPI. This comes a day after Airtel Payment Bank announced tie-up with UPI.
Google launches Tez mobile payments app in India; enables transactions directly from bank accounts
Mon, Sep 18, 2017
Google launches Tez mobile payments app in India that allows people to make payments through their phone by syncing it with their bank accounts.
Has demonetisation helped India become a less-cash economy?
Fri, Sep 01, 2017
On November 08, PM Narendra Modi banned old Rs 500 and Rs 1000 with an objective to tackle black money, make India a cashless economy and expand the country's tax-base.
WhatsApp for Business: BookMyShow now sends confirmatory messages for movie tickets via this app; here’s what’s next
Fri, Sep 01, 2017
WhatsApp has rolled out its WhatsApp for Businesses with BookMyShow. With WhatsApp Payments will the app become one-stop shop for businesses in India?
Online banking services: E-wallets vs Internet banking; which one should be in your smartphone
Sun, Aug 20, 2017
Minister for electronics and information technology Ravi Shankar Prasad said, there were around Rs12,000 crore worth of digital transactions every year and the number of fraudulent transactions among these was low.
Will Paytm's launch of chat feature be enough to rival WhatsApp's entry into e-wallet biz?
Fri, Aug 04, 2017
Paytm's decision to take on chat apps such as WhatsApp and Hike messenger with the launch of its own chat feature in the app may be launched as soon as the end of this month.
NPCI says UPI transactions rose 10% in July
Wed, Aug 02, 2017
Key Highlights: UPI transactions in July rose 10%, at 11.63 million In value terms, transactions stood at Rs 3,411 crore
NPCI gets RBI nod to function as Bharat Bill Payment Central Unit
Fri, Jul 28, 2017
Key Highlights NPCI was running bill payments as pilot for over a year Soon you can pay electricity, DTH, telecom bills using NPCI
Google readies its UPI payment system before Whatsapp
Mon, Jul 10, 2017
AP Hota, MD and CEO, National Payments Corporation of India (NPCI) said that Google has finished testing its UPI system and is currently waiting for the Reserve Bank of India (RBI) to give its nod for the services to begin.
Cash loving Indians go back to pre-demonetisation level of ATM withdrawals
Tue, Jun 20, 2017
Digital transaction push after the NDA government braved the decision to demonetise higher currency notes did not boost non-cash transactions. Motilal Oswal analysts provide analysis to support the numbers.
Digital Payments: Paytm's biggest contender will be WhatsApp or Amazon?
Tue, Jun 13, 2017
WhatsApp with its integration with UPI and Amazon Pay could become the biggest contendors for Paytm in the digital payment space in India.
Transaction charges: Which is the cheapest mode of money transfer between UPI, IMPS and NEFT?
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
Banks to start charging for peer-to-peer payments on UPI
Wed, Jun 07, 2017
Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.
MNP for banks if RBI has its way; will you gain from it?
Thu, Jun 01, 2017
Benefits of bank account portability would mean your account number would remain the same even if you change your bank. Banks, naturally, are not enthused by the idea but RBI is pushing for it.
ICICI Bank launches ''Money2India''; Here are its key features
Mon, May 29, 2017
ICICI Bank launched online money transfer service called ''Money2India'' for its NRIs customers.