Page 10 - Digital Payment

BJP to accept donations digitally on Upadhyay's death anniversary

In a letter to party leaders, BJP has asked them to hold programmes on the life of Upadhaya at booth level

Govt raises outlay for digital India programme by 23% to Rs 3,958 crore

The government has increased allocation for National Knowledge Network to Rs 400 crore from Rs 274 crore in the current fiscal

Scam calls: Paytm submits list of 3,500 phone numbers to MHA, others

CERT-In a functional organisation under the Ministry of Electronics and Information Technology with the object of securing Indian cyber space

PhonePe launches digital ATM, users can withdraw cash from merchant shops

PhonePe said there will not be any charges for customers or merchants to avail of this service

HDFC Bank launches customised apps for municipalities, housing societies

With this app the bank is targeting 3 million places of worship, 600,000-800,000 housing societies; 2,000+ clubs; and 500+ cities with a population of more than 100,000

Want to avoid toll plaza queues? Now, you can recharge FASTags via BHIM UPI

FASTag has been made mandatory on national highways throughout the country from December 15, 2019

RBI launches new prepaid payment instrument for small digital transactions

Prepaid payment instrument or PPI can be used for transaction of goods and services up to a limit of Rs 10,000

PhonePe crosses 5 billion transactions, grows five times in one year

The digital payments platform has over 175 million registered users in the country

Wave and pay with SoftPos

A new wave of technology is now ready to change the mobile based payment system once again

Fintech panel suggest legal framework to protect digital services consumers

The report said the Department of Financial Services should work with PSU banks to bring in more efficiency to their work and reduce fraud and security risks

Over 80 payments apps face an uphill battle to turn the country cashless

Many merchants, especially in rural areas, remain unable or unwilling to accept digital transactions due to network connectivity issues and reluctance to pay charges for low-value transactions

Beware digital promise

With these big firms keeping data of whatever we do and increasingly of our spending as well, the society is becoming more vulnerable

As RBI move opens new doors for fintech players, M-wallets face tough fight

The prohibitive costs of user verification, at times about Rs 700 per customer, are set to affect smaller players

Mobile banking, wallet transactions show strongest growth in Aug: RBI

Mobile banking volume for August grew 7 per cent to 365.79 million, but the value dropped marginally to Rs 2,069.27 billion

Discount on digital payment at petrol pumps cut to 0.25% from 0.75%

Oil companies have now informed the petrol pump operators that the discount has been cut to 0.25 per

Now in Mumbai, pay your traffic challans digitally

City residents can use MobiKwik's online platform to make digital payments to this end

Five apps that technologically empower SME transactions

Aiming to ease hurdles faced by small sellers for receiving payments, many platforms are offering dedicated payment gateways

Card and mobile banking volumes see decline, steep rise in UPI transactions

The value of transactions, however, has risen slightly in this period

Bumps in Gujarat's PDS highway

System formally in place for Aadhaar-linked payment through the state but people yet to adopt it

Over 8 lakh people win Rs 133 cr under digital payment scheme

The schemes would remain open till April 14