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India Records Largest Number Of Cashless Transactions In World: S Jaishankar
India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said today at the 'Raisina@Sydney' Business Breakfast.
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UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report
UPI and other non-cash payments will account for 65 percent of all the transactions by 2026, estimated a report by BCG and PhonePe. The report also said that the digital payments industry will be provide $10 trillion (roughly Rs. 7,75,40,800 crore) opportunities in next four years.
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e-RUPI Digital Payment Solution Launched in India by PM Modi
Prime Minister Narendra Modi on Monday, August 2, launched e-RUPI, a digital payment solution powered by the government’s UPI platform. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
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You Could Soon Earn Cashbacks On GST For Payments Made Digitally
The GST Council today cleared a proposal to offer cashbacks to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.
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NPCI Racks Up 1 Billion Transactions In July As Mobile, Aadhaar Payments Surge
NPCI handles payments by cheque and ATM clearing, IMPS, UPI,BHIM, RuPay, POS, e-commerce and also Aadhaar-based payments.
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Digital Transactions In All Co-Operative Banks By 2018, Says Government
The Unified Payments Interface (UPI) ecosystem now covers all public sector undertakings and major private banks
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Cash Use Rises, but 35 Million People Stay on Digital Platforms: NPCI
"If you look at on standalone basis, the country would have added 30-35 million customers on the digital platforms, who have stayed on digital platforms."
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Going Cashless: Rs 226 Crore Awarded Under Lucky Grahak, DigiDhan Schemes
Niti Aayog picks 5,000 daily winners and over 14,000 weekly winners based on a lucky draw from a pool of customers and merchants using government's digital payment platforms.
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State-Backed Rivals Force India's E-Payment Firms to Step Up
The government is rolling out three tools to facilitate rival cashless transactions - the BHIM UPI app, Aadhaar pay, and Bharat QR.
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NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
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BHIM App Finally Launched for iPhone
BHIM app, which was available only on Android till now, has finally been launched for iOS devices like iPhones and iPads.
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Aadhaar Pay for Cashless Transactions to Be Launched Soon: Prasad
"They can visit any merchant, share their Aadhaar number and verify themselves using biometrics to pay and receive money," Electronics and IT Minister said.
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UPI, BHIM App To Be Part Of Presentations During Republic Day Parade
Live presentation on cashless transactions through UPI and BHIM App, and participation of about 40 soldiers from the UAE will be some of the highlights of the Republic Day parade this year.
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PM Narendra Modi Announces Lucky Grahak, Digi Dhan Vypaar Schemes Amid Digital Push
Prime Minister Narendra Modi's new Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana are meant for customers and traders alike to promote mobile banking and e-payments, respectively.
-
India Records Largest Number Of Cashless Transactions In World: S Jaishankar
India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said today at the 'Raisina@Sydney' Business Breakfast.
-
UPI, Non-Cash Payments to Constitute 65 Percent of All Transactions by 2026: Report
UPI and other non-cash payments will account for 65 percent of all the transactions by 2026, estimated a report by BCG and PhonePe. The report also said that the digital payments industry will be provide $10 trillion (roughly Rs. 7,75,40,800 crore) opportunities in next four years.
-
e-RUPI Digital Payment Solution Launched in India by PM Modi
Prime Minister Narendra Modi on Monday, August 2, launched e-RUPI, a digital payment solution powered by the government’s UPI platform. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
-
You Could Soon Earn Cashbacks On GST For Payments Made Digitally
The GST Council today cleared a proposal to offer cashbacks to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.
-
NPCI Racks Up 1 Billion Transactions In July As Mobile, Aadhaar Payments Surge
NPCI handles payments by cheque and ATM clearing, IMPS, UPI,BHIM, RuPay, POS, e-commerce and also Aadhaar-based payments.
-
Digital Transactions In All Co-Operative Banks By 2018, Says Government
The Unified Payments Interface (UPI) ecosystem now covers all public sector undertakings and major private banks
-
Cash Use Rises, but 35 Million People Stay on Digital Platforms: NPCI
"If you look at on standalone basis, the country would have added 30-35 million customers on the digital platforms, who have stayed on digital platforms."
-
Going Cashless: Rs 226 Crore Awarded Under Lucky Grahak, DigiDhan Schemes
Niti Aayog picks 5,000 daily winners and over 14,000 weekly winners based on a lucky draw from a pool of customers and merchants using government's digital payment platforms.
-
State-Backed Rivals Force India's E-Payment Firms to Step Up
The government is rolling out three tools to facilitate rival cashless transactions - the BHIM UPI app, Aadhaar pay, and Bharat QR.
-
NPCI Starts Pilot Project to Digitise Transactions for Micro Finance Institutions
Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.
-
BHIM App Finally Launched for iPhone
BHIM app, which was available only on Android till now, has finally been launched for iOS devices like iPhones and iPads.
-
Aadhaar Pay for Cashless Transactions to Be Launched Soon: Prasad
"They can visit any merchant, share their Aadhaar number and verify themselves using biometrics to pay and receive money," Electronics and IT Minister said.
-
UPI, BHIM App To Be Part Of Presentations During Republic Day Parade
Live presentation on cashless transactions through UPI and BHIM App, and participation of about 40 soldiers from the UAE will be some of the highlights of the Republic Day parade this year.
-
PM Narendra Modi Announces Lucky Grahak, Digi Dhan Vypaar Schemes Amid Digital Push
Prime Minister Narendra Modi's new Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana are meant for customers and traders alike to promote mobile banking and e-payments, respectively.
