Cashless Economy
India a cashless economy? Digital transactions continue to rise, UPI gains popularity; know how digital payment industry see ache din
Fri, Nov 30, 2018
Not many regions especially the rural areas, have been comfortable in using digital portals. However, electronic payment system has been a success story for the NDA government.
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No counting machines, but sophisticated currency verification units being used for scrapped notes: RBI
Mon, Sep 11, 2017
Rather, it is using "sophisticated Currency Verification and Processing (CVPS) machines for checking the numerical accuracy and genuiness of the currency notes, including SBNs (Specified Bank Notes that have been scrapped)", the RBI clarified later this evening.
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Demonetisation may have hurt more than it helped
Sat, Sep 02, 2017
It will take time for the economists to figure out whether the fall in the growth rate to 5.7 per cent is the result of the disruption caused by demonetisation and the Goods and Services Tax (GST), but most of the common people will see a connection between the two steps and a slowing down of the
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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.
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SBI Card: Here are 10 key things about SBI Card Unnati
Fri, Jun 02, 2017
SBI Card had earlier this year launched SBI Card Unnati wherein it has waived off Rs 499 on the subscription of this credit card for the first four years and users have to pay the renewal fee of Rs 499 only from the fifth year of its subscription.
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BHIM app now available on iOS platform
Sat, Feb 11, 2017
Finally iOS users can now send and receive money via BHIM app. They just have to download the app through App Store by searching ‘BHIM NPCI app’ . After installing, the icon will appear on your iPhone. However, BHIM does not work on the non-cellular iPAD’s.
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Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions
Mon, Jan 23, 2017
Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.
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Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes
Thu, Jan 19, 2017
Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.
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After corruption charge, Modi mocks at Rahul
Thu, Dec 22, 2016
"Had he not spoken, the county would have faced a big earthquake. And the country could not have recovered for 10 years," Modi said sarcastically at an event at the Banaras Hindu University (BHU) in Varanasi, his Lok Sabha constituency.
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Are you an SME? We explain how to take advantage of income tax on digital turnover
Wed, Dec 21, 2016
Earlier this week, finance ministry had rolled out a benefit of lower income tax rate, under section 44AD, for small businesses with turnovers up to Rs 2 crore if it were in digital/banking transactions.
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