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cashless transaction News
Money Guru: Advantage and Disadvantage of Cashless transaction
Thu, Jun 13, 2019
People are going cashless these days with the help of Net banking and Credit/ Debit card. Here are the Advantage and Disadvantage of Cashless transaction.
Digital transactions in India could be worth $1 trillion annually by 2025, says a report
Tue, Mar 13, 2018
Digital transactions in India: Mass adoption of e-payments and a thriving fintech scene, combined with regulatory policy, are set to propel India into a leading position in the global payments landscape, it said adding unified payments interface (UPI) transactions are a key driver of greater financial inclusion.
Banks rush to buy cyber security cover as digi payments rise
Sun, Feb 12, 2017
"We have always seen maximum security in all our IT systems. We are now considering to avail cyber insurance covers for our customers," SBI managing director Rajnish Kumar told PTI here.
Note ban: Govt spent Rs 94 crore on ads to popularise e-payments
Thu, Feb 02, 2017
Nearly Rs 94 crore has been spent by the government for spreading awareness about digital payments and popularising less-cash economy post demonetisation, the Rajya Sabha was informed today.
Cashless transactions in IOC petrol pumps rise to 27% in Bengal
Tue, Jan 17, 2017
Already, 19.5 lakh LPG connections has been release so far.
Suresh Prabhu announces key policies to increase non-fare revenues of Indian Railways
Tue, Jan 10, 2017
In a move to increase non-fare revenues and to promote ease of railway ticketing through digital transactions, Railway Minister Suresh Prabhu on Tuesday inaugurated several policy initiatives.
Paytm's user base doubles in just two weeks
Wed, Nov 23, 2016
Paytm founder and CEO Vijay Shekhar on said that user base on its platform now stands at 150 million. Just a week after PM Modi’s announcement the company’s user base touched 75 million with 700% increase in overall traffic and 1000% increase in money transactions on its platform.