Latest News on Payment systems
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Payment systems - Total results - 58
Aug 01, 2017
Government claims that 50 cyber attacks have been reported between 2016 and June 2017A separate research and development fund for cyber security worth Rs 1,000 crore has been created, to be spent over a period of five years.
Jun 03, 2017
LG Electronics launches its own mobile payment system "LG Pay"LG Electronics Inc on Friday launched its own mobile payment tool in the country to compete with "Samsung Pay".
Apr 15, 2017
Bhim Aadhaar payments platform has potential to revolutionise Indian economy, says Narendra Modi"Any citizen without access to smartphone, Internet, debit or credit cards will be able to transact digitally through the BHIM-Aadhaar platform," Modi said.
Apr 14, 2017
Prime Minister Narendra Modi launches BhimAadhaar, an application for merchantsPrime Minister Narendra Modi had a busy day with a number of major announcements in Nagpur, on the occasion of Ambedkar Jayanti.
Apr 07, 2017
NEFT transfer to get quicker as RBI cuts clearance time; settlement cycle reduced to half-hourly batchesThis will enhance the efficiency of the NEFT system and add to customer convenience, deputy governor Kanungo said.
Mar 30, 2017
RBI says all payment systems to remain closed on 1 AprilThere is no change with regard to the payment channels, including RTGS and NEFT, being operative as a normal working day during 25 March to 1 April
Mar 22, 2017
Delhi Metro may introduce new features to its payment system, as RBI issues mass transit walletDelhi Metro Rail Corporation (DMRC) may soon introduce some serious upgrades to the existing payment system used by the public transport corporation that maintains Delhi Metro.
Mar 15, 2017
UIDAI to raise biometric authentication capacity; aims for 10 crore transactions per dayThe UIDAI is procuring additional hardware to raise its authentication capacity to 10 crore transactions a day.
Mar 12, 2017
Income tax department's mobile app to issue PAN cards using Aadhaar biometric informationThe I-T department has developed a mobile app for paying taxes and tracking refunds and is considering issuing PANs on real time basis using Aadhaar biometric.
Mar 07, 2017
Aadhaar Enabled Payment System records 2.65mn transactions worth Rs 316cr in JanuaryAadhaar Enabled Payment System (AEPS) based financial transactions have seen around 2.65mn transactions in January 2017.