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Cashless Payments News
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.
Adoptions rise but mobile wallets still less than 1% of all digital transactions
Fri, Aug 25, 2017
Mobile wallets that were glorified during the demonetisation era were just 1% of overall value transactions in FY17.
Reliance Retail in partnership with NPCI announces UPI Payments app facility across 200 stores in Mumbai
Thu, Mar 30, 2017
Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.
IndusInd Bank not to grow unsecured book beyond 5%
Sun, Feb 12, 2017
"We will not grow the unsecured lending book beyond 5 per cent and will continue to grow the credit cards portfolio in tandem with the overall loan growth of about 25-30 per cent," Indusind Bank's head for retail unsecured assets Anil Ramachandran told PTI.
Great Indian Sale: Amazon India records 200% growth in sales
Mon, Jan 23, 2017
Amazon's recently concluded 'Great Indian Sale' has recorded 200% growth in sales as compared to its sales on normal day.
Petrol pumps defer decision to not accept card payments
Mon, Jan 09, 2017
Petrol pump owners yesterday deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge.
Cash crunch to ease by December 30; no GST delay: Arun Jaitley
Sat, Dec 03, 2016
Indian Finance Minister Arun Jaitley said on Friday that a cash crunch following the scrapping of high-value banknotes would ease by December 30 with the release of new Rs 500 and Rs 2,000 notes.