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Transaction charges: Which is the cheapest mode of money transfer between UPI, IMPS and NEFT?
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
Why are ATMs in India suddenly running dry again?
Fri, Apr 21, 2017
As per LocalCircles survey, from April 13 - April 16, nearly 46% of Indian citizens could not find ATMs dispensing cash. In the first week of April 2017, about 36% of citizen has reported the similar problem.
Digital payments in India reverse trend, grow in March
Wed, Apr 19, 2017
Vivek Kaul, author of Easy Money trilogy said, "There is a seasonality factor as well. March is the last month of the financial year and digital payments seem to go up during the course of the month, as people pay their taxes (advance income tax and service tax) as well as settle business payments between them."
NEFT transfers to take half hour as RBI cuts clearance time; should you just IMPS?
Fri, Apr 07, 2017
RBI said, “In line with the document on Vision – 2018 for Payment and Settlement System, the NEFT settlement cycle has reduced for hourly batches to half hourly batches.”