Cashless Market

India Stack enables online, paperless, cashless, and privacy-respecting digital access to a variety of public and private services, a working paper titled 'Stacking up the Benefits: Lessons from India's Digital Journey' said.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan today claimed that Rs 2,000 notes were vanishing from the market, and alleged that there was a "conspiracy" behind it.

App usage grew rapidly in India, driven by the unlimited 4G access by Reliance Jio, says report.

Bengaluru seems to be leading the way in transition to cashless economy. After the British era Russell Market, a popular roadside book market has made a similar shift. Majority of the book sellers on Avenue Road street side market have jumped on to the mobile wallet bandwagon. Several small vendors selling books, both new and used are accepting pay...

Bharat Petroleum said cashless transactions at its outlets have jumped to 26 per cent after November 8 when high value notes were banned, from 10 per cent time before and expects at least half of all transactions to turn cashless by March.

38-year-old Naresh Nath is among the first few rural villagers in Assam who have started to transact cashless. Like him at least 2,000 other villagers of Chatonguri in Assam's Morigaon district, 110 kilometres from Guwahati, have started to buy their essentials from their tiny village market digitally.

"India is an extremely cost-sensitive market - you can't have Rs. 5 commission on Rs. 100 transaction. That is not going to work."

The Madhya Pradesh government will start a campaign to impart training for cashless transactions and to create awareness among farmers visiting Mandis (agriculture produce markets) to sell their crops.

In the wake of Prime Minister Narendra Modi's call for a "cashless society", Delhi BJP leaders today visited markets and residential colonies in the national capital to educate people, about cashless transactions.

Jagdish Bhai, a retired government official in Ahmedabad, went shopping for vegetables on Tuesday, dreading the loss of precious cash, but he was in for a pleasant surprise. His local grocer had put up a big hoarding announcing that he now accepts payment by credit and debit cards.

Non-cash transactions are below market potential in India as all banks are not promoting digital payments, said a report.

"Banks in India will soon start cashless transactions to boost the market and economy," said the UBI chief.

Cashless facility for mediclaim policy holders would be available at all hospitals in emergency and trauma cases, Parliament was informed on Friday. In emergency and trauma cases, cashless facility will be provided at all hospitals irrespective of the fact that they are part of the Preferred Provider Network (PPN) or not, Minister of State ...

Private hospitals will resolve their dispute with state-owned insurance firms and restore cashless treatment under Mediclaim policies within 10 days, Naresh Trehan, heart surgeon and member of a conciliatory group, said on Friday. "Within the next 10 working days, insurance companies and hospitals would work out a solution," he said, adding...

In a move that is sure to bring some releif to lakhs of mediclaim policy holders, state-owned insurance companies on Tuesday agreed to restore cashless treatment facilities in big private hospitals on case-to-case basis. On July 1, the public sector insurance companies had taken off about 150 hospitals from the list of Preferred Provider Ne...

India Stack enables online, paperless, cashless, and privacy-respecting digital access to a variety of public and private services, a working paper titled 'Stacking up the Benefits: Lessons from India's Digital Journey' said.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan today claimed that Rs 2,000 notes were vanishing from the market, and alleged that there was a "conspiracy" behind it.

App usage grew rapidly in India, driven by the unlimited 4G access by Reliance Jio, says report.

Bengaluru seems to be leading the way in transition to cashless economy. After the British era Russell Market, a popular roadside book market has made a similar shift. Majority of the book sellers on Avenue Road street side market have jumped on to the mobile wallet bandwagon. Several small vendors selling books, both new and used are accepting pay...

Bharat Petroleum said cashless transactions at its outlets have jumped to 26 per cent after November 8 when high value notes were banned, from 10 per cent time before and expects at least half of all transactions to turn cashless by March.

38-year-old Naresh Nath is among the first few rural villagers in Assam who have started to transact cashless. Like him at least 2,000 other villagers of Chatonguri in Assam's Morigaon district, 110 kilometres from Guwahati, have started to buy their essentials from their tiny village market digitally.

"India is an extremely cost-sensitive market - you can't have Rs. 5 commission on Rs. 100 transaction. That is not going to work."

The Madhya Pradesh government will start a campaign to impart training for cashless transactions and to create awareness among farmers visiting Mandis (agriculture produce markets) to sell their crops.

In the wake of Prime Minister Narendra Modi's call for a "cashless society", Delhi BJP leaders today visited markets and residential colonies in the national capital to educate people, about cashless transactions.

Jagdish Bhai, a retired government official in Ahmedabad, went shopping for vegetables on Tuesday, dreading the loss of precious cash, but he was in for a pleasant surprise. His local grocer had put up a big hoarding announcing that he now accepts payment by credit and debit cards.

Non-cash transactions are below market potential in India as all banks are not promoting digital payments, said a report.

"Banks in India will soon start cashless transactions to boost the market and economy," said the UBI chief.

Cashless facility for mediclaim policy holders would be available at all hospitals in emergency and trauma cases, Parliament was informed on Friday. In emergency and trauma cases, cashless facility will be provided at all hospitals irrespective of the fact that they are part of the Preferred Provider Network (PPN) or not, Minister of State ...

Private hospitals will resolve their dispute with state-owned insurance firms and restore cashless treatment under Mediclaim policies within 10 days, Naresh Trehan, heart surgeon and member of a conciliatory group, said on Friday. "Within the next 10 working days, insurance companies and hospitals would work out a solution," he said, adding...

In a move that is sure to bring some releif to lakhs of mediclaim policy holders, state-owned insurance companies on Tuesday agreed to restore cashless treatment facilities in big private hospitals on case-to-case basis. On July 1, the public sector insurance companies had taken off about 150 hospitals from the list of Preferred Provider Ne...