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digital payments

Hefty fine for not using digital payments by Jan 31, 2020

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.

No MDR charges for transactions done using RuPay, UPI

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

Explained - With big push and support from Modi government, how digital payments are flourishing in India

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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PayU to spend $50 million on development, marketing of LazyPay feature

PayU to spend $50 million on development, marketing of LazyPay feature

Mon, Jun 05, 2017

LazyPay is a feature launched by PayU that makes small payments on behalf of the customer and which can be paid collectively at a later date.

GST Impact: Telecom services, mobile phones to be expensive from July 1

GST Impact: Telecom services, mobile phones to be expensive from July 1

Sat, May 20, 2017

According to experts, the telecom services and mobile handset prices will go up from July 1 once the new GST tax comes into effect as the government has finalised 18% tax on services provided by telecom operators as against 15% at present.

Planning to get a credit card? Here's how you can decide card limit

Planning to get a credit card? Here's how you can decide card limit

Tue, May 16, 2017

According to the Reserve Bank of India data, till February, 2017, there were 29.1 million credit cards which were in operations.

Here's everything to know about 'WannaCry' ransomware; measures & more

Here's everything to know about 'WannaCry' ransomware; measures & more

Mon, May 15, 2017

The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.

IT Ministry reaches out to RBI, others against Wanna Cry ransomware

IT Ministry reaches out to RBI, others against Wanna Cry ransomware

Mon, May 15, 2017

The cyber criminals have demanded a fee of about USD 300 in crypto-currencies like Bitcoin for unlocking the device.

Keep these six points in mind for safety of your online bank accounts

Keep these six points in mind for safety of your online bank accounts

Thu, May 11, 2017

As per the Reserve Bank of India data, the digital transactions in the month of April stood at Rs 10,960.22 crore as against Rs 14958.91 crore in March and Rs 10,405.53 crore in December.

Samsung Pay now available on UPI; collaborates with Axis Bank

Samsung Pay now available on UPI; collaborates with Axis Bank

Thu, Apr 27, 2017

With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.

Investors can buy mutual funds through digital wallets: Sebi

Investors can buy mutual funds through digital wallets: Sebi

Wed, Apr 26, 2017

Balance loaded through credit card, cash back, promotional schemes would not be allowed for subscription to mutual funds.

India's fintech sector rises to 72 start-ups in last 3 years

India's fintech sector rises to 72 start-ups in last 3 years

Sat, Apr 15, 2017

The fintech start-ups in India received funding of about $175 million in 2014 and grew to $2 billion in 2015, which was buoyed by mega-rounds to Paytm.

Digital transactions shoot up 23 times post note ban to 64 lakh

Digital transactions shoot up 23 times post note ban to 64 lakh

Fri, Apr 14, 2017

Aadhaar Enabled Payments have increased from 2.5 crore in November 2016 to over 5 crore in March 2017, NITI Aayog said.

One government many apps: Here's how "techy" Modi-government is

One government many apps: Here's how "techy" Modi-government is

Fri, Apr 14, 2017

Prime Minister Narendra Modi on Friday launched two schemes under the BHIM App on the occasion of the 126th birth anniversary of Dr Babasaheb Ambedkar in Nagpur, Maharashtra.

PM Narendra Modi launches two schemes to reward BHIM App users

PM Narendra Modi launches two schemes to reward BHIM App users

Fri, Apr 14, 2017

To reward BHIM App users, Prime minister Narendra Modi on Friday launched two new schemes namely BHIM Referral Bonus Scheme and BHIM Merchant Cashback Scheme on the occasion of 126th birth anniversary of Dr Babasaheb Ambedkar.

PM Narendra Modi to launch BHIM-Aadhaar digital payments platform today

PM Narendra Modi to launch BHIM-Aadhaar digital payments platform today

Fri, Apr 14, 2017

Prime Minister Narendra Modi will launch the BHIM-Aadhaar digital payments platform to boost the digital payments revolution on the occasion of the 126th birth anniversary of Babasaheb Bhimrao Ambedkar, here on Friday.

Railways supply chain to go digital?

Railways supply chain to go digital?

Mon, Apr 10, 2017

The Indian Railways will be launching digital contract, a system of digitisation of its entire supply chain across all zones. The step is aimed at improving the ease of doing business and transparency.

Digital transactions: Is UPI finally making the right bet to grow?

Digital transactions: Is UPI finally making the right bet to grow?

Tue, Apr 04, 2017

Nearly seven months since its launch, Unified Payments Interface (UPI) has failed to rock the digital transactions boat in India. Even demonetisation that forced the government to pivot to making India a 'less-cash' society hasn't helped much.

Ankit Khanna promoted to COO of FreeCharge

Ankit Khanna promoted to COO of FreeCharge

Wed, Mar 22, 2017

Before taking charge as the COO, Ankit was the Chief Product Officer with the company.

Snapdeal installs Jason Kothari as CEO of Freecharge; invests additional $20 million

Snapdeal installs Jason Kothari as CEO of Freecharge; invests additional $20 million

Mon, Mar 20, 2017

Kothari takes over as Freecharge CEO after its former CEO Govind Rajan resigned a year after taking charge of the company.

MobiKwik welcomes govt's draft regulations on digital wallets

MobiKwik welcomes govt's draft regulations on digital wallets

Fri, Mar 10, 2017

The Ministry of Electronics and Information Technology has released a set of draft guidelines for digital wallet companies on Wednesday as part of its efforts to promote electronic payments.

Unlike Paytm, MobiKwik says no to 2% fee for recharging wallets using credit cards

Unlike Paytm, MobiKwik says no to 2% fee for recharging wallets using credit cards

Thu, Mar 09, 2017

Post demonetisation, in order to boost the government’s vision of cash-less India, MobiKwik had a stated policy of revoking fees on uploading money through credit cards and the company reiterated its policy of continuity.

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

India's gold demand may touch up to 950 tonnes level by 2020 on economic growth, greater transparency says WGC

Wed, Mar 08, 2017

World Gold Council on Wednesday said India's gold demand may go up to 950 tonnes level by 2020 on back of economic growth and greater transparency.

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