digital payments
Digital payments soar manifold in 5 years to FY20: RBI
Sun, Oct 11, 2020
Concerted efforts by the Reserve Bank to move to a non/less-cash economy by pushing digital payments have begun to pay rich dividends as the volume of such payments has jumped manifold in the past five years, the latest data from the central bank showed.
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Mswipe launches Bank Box for MSMEs - Check benefits for micro, small and medium businesses and merchants
Sun, Aug 16, 2020
As per Mswipe, Bank Box is a digital acceptance and payment solution designed to meet the cost-centric needs of MSMEs and merchants, as well as provide for a seamlessly integrated experience.
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New RBI scheme to encourage digital payments even in places without internet - All you need to know
Thu, Aug 06, 2020
With an aim to encourage customers to go for digital transactions even in those places that lack internet connectivity, the Reserve Bank of India (RBI) on Thursday announced a scheme on a pilot basis for offline retail payments using cards and mobile devices.
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Solving merchant, business problems! BharatPe launches BharatX; interns to get Rs 1 lakh/month
Sun, Jun 28, 2020
With an aim for development and experimentation of radical ideas to solve the next set of merchant and business problems with innovative product solutions, BharatPe has announced the launch of BharatX.
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With currency bills carrying virus risk, contactless payments catalyzing economic growth
Wed, Jun 17, 2020
Coronavirus pandemic is going to change how business is done, how we trade, how we work, how we produce goods, how we learn, how we seek medical services and how we entertain ourselves; and technology will hold the answer to these questions
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What to Expect from Digital Payments Mode in India in 2020
Thu, Apr 23, 2020
The digital payment mode in India witnessed a tremendous shift in last decade with e-Wallets and Online transactions dominating the business industry. According to an internal study of Reserve Bank of India, the country is next only to China in terms of cash.
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Hefty fine for not using digital payments by Jan 31, 2020
Tue, Dec 31, 2019
RuPay and UPI are among the prescribed mode of payment for digital transactions without any Merchant Discount Rate (MDR). The MDR is the percentage of the digital transaction that a merchant pays to banks. This cost is most often passed on to the customers.
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No MDR charges for transactions done using RuPay, UPI
Sat, Dec 28, 2019
Nirmala Sitharaman has said that from January 1, 2020 the companies with an annual turnover of ₹50 crores or more will have to provide the facility of payment through RuPay Debit card and UPI to their customers and MDR charges will be applicable. #ZeeBusiness #NirmalaSitharaman
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Explained - With big push and support from Modi government, how digital payments are flourishing in India
Thu, Nov 14, 2019
Right from the time PM Narendra Modi came to power at the Centre after securing a landslide victory in 2014 Lok Sabha Elections, there has been a huge emphasis on 'Digital India' movement.
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