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cashless transactions News
Fear losing money in bank ATM transactions? This will make you sit up and really pay attention
Tue, Aug 06, 2019
To meet the client’s expectations, ATMs are also being upgraded into a point-of-presence and sale by upgrading the device software’s by the Financial Institutions.
From GST induced sales to 24 hours open shops; major changes in the retail space in 2017
Sat, Dec 23, 2017
A look back at the year 2017 that India's retail sector has had.
Online Sale: Here's how you can bag best discounts, offers in upcoming season of Amazon India, Flipkart
Sat, May 06, 2017
Amazon India and Flipkart will kick off their upcoming sales starting from next week. Find out more about discounts, offers, brands, etc., on sale on Amazon India and Flipkart.
State-backed rivals force India's e-payment firms like Paytm, MobiKwik, FreeCharge, others to step up
Fri, Mar 10, 2017
India's state sponsored e-payment services have forced mobile wallet companies like Paytm, MobiKwik, Freecharge others to step up their services to gather more customers.
Digital payments app BHIM crosses 17 million downloads,says NITI Aayog's CEO Amitabh Kant
Tue, Feb 21, 2017
Digital payments app BHIM has crossed 17 million downloads so far NITI Aayog CEO Amitabh Kant said on Tuesday.
Rajya Sabha passes Payment of Wages Amendment Bill; here’s all you need to know
Thu, Feb 09, 2017
The Payments of Wages amendment bill was passed by the upper house of parliament on February 8, a day after the Lok Sabha passed it. The bill was introduced in the lower house of Parliament on January 17 of this year and sought to change the way employers pay their employees in India.
Government introduces fresh bill for cashless wages
Fri, Feb 03, 2017
The government on Friday introduced a fresh bill on payment of wages through account transfer and cheques, after withdrawing an earlier bill that was introduced in December last year.
No service charge on IRCTC, Railway tickets to get cheaper
Wed, Feb 01, 2017
Finance Minister, Arun Jaitley, at the presentation of the Union Budget announced many incentives for the Indian railways, which included withdrawal of service charge on e-tickets.
Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others
Tue, Jan 31, 2017
Find out what e-commerce companies expect from India's Union Budget 2017-18 which will be presented on February 1.
Demonetisation drive to favour country's big gold jewellery store chains: World Gold Council
Tue, Jan 24, 2017
India`s drive to bring transparency to bullion trading, along with the rise of branded gold jewellery, could help major retailers raise their share of the world`s second-biggest gold market to 40% by 2020, the World Gold Council (WGC) said.
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.
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.
Money has lost its 'anonymity' after demonetisation, says FM Arun Jaitley
Mon, Dec 26, 2016
Describing the currency being deposited in banks following last month`s demonetisation of high-value notes as money that has lost its earlier "anonymity", Finance Minister Arun Jaitley on Sunday said these funds now available with the banks have strengthened the Indian banking system.
Mann Ki Baat: Here are key things PM Narendra Modi said in last radio speech of 2016
Sun, Dec 25, 2016
Prime Minister Narendra Modi during his last radio speech of this year in the 'Mann Ki Baat' programme on Sunday thanked people for enduring the "pain" caused by the government`s November 8 demonetisation decision that caused cash crunch in the country, IANS reported.
Notebandi frontlines: Sales fall, anger rises; why the fishing industry can't go cashless
Mon, Dec 19, 2016
Gangu Kundaikar is a small-framed, sari-clad woman who rises at 3 a.m. every day, wraps a cloth around her waist so fish do not soil her sari, and takes a rented vehicle to the Malim jetty in Panaji, North Goa, 8 km from her village in one of Indias most prosperous and literate states.
Even if 15-20% of transactions are cashless, it will be an achievement, says Santosh Kumar Gangwar
Sun, Dec 18, 2016
Union Minister Santosh Kumar Gangwar has said the government never talked of going 100% cashless, but even if the country achieves 15-20% success in going cashless it will be a big achievement.
Availability of PoS machines to improve in coming days: Ram Vilas Paswan
Sat, Dec 17, 2016
The availability of point-of-sale (PoS) machines for cash transaction will improve in the coming days, Food Minister Ram Vilas Paswan said on Saturday.
Demonetisation aftermath: Card swipes grow but sales recovery slow
Wed, Dec 07, 2016
People have resorted to PM Modi’s much advocated ‘cashless’ transactions wherein high amount of payments are being made via credit or debit cards but this is slowing recovery of sales in other segments.
Maharashtra govt readying 'Maha wallet' to encourage cashless transactions
Tue, Dec 06, 2016
To mitigate the impact of demonetisation on the masses, the Maharashtra government is working on a 'Maha wallet' to encourage cashless transactions.
Five hurdles to PM Modi's push for cashless economy
Sat, Dec 03, 2016
On November 27, during an election rally in Uttar Pradesh, Prime Minister Narendra Modi urged all Indians get familiar and make others familiar with cashless transactions.