Bhim App

Demonetisation anniversary: Visa, Mastercard losing market share to indigenous RuPay card, UPI, says Arun Jaitley

"Today, Visa and Mastercard are losing market share in India to the indigenously developed payment system of UPI and RuPay card whose share has reached 65 percent of the payments done through debit and credit cards," Arun Jaitley said.

GST Council proposes cashback incentive to promote digital payments; moots pilot project

Although the decision on the pilot project has been taken, it will take some time for implementation as software for the purpose will have to be developed and the states will have to decide on it before the benefit reaches the people.

UPI payment transactions up 30% month-on-month in June to over 246 mn, says NPCI data

The total value of these UPI transactions stood at Rs 40,834.03 crore in the month of June as compared to Rs 33,288.51 crore in the preceding month, NPCI said.

Narendra Modi calls Digital India initiative a war against touts; says it helped fight black money, created employment

Prime Minister Narendra Modi on Friday said his pet Digital India initiative is a war against touts and middlemen

Digital transactions at 1.11 bn in January: Govt's 25 bn target for this fiscal doubtful as citizens return to habit of cash

Narendra Modi interacts with NCC cadets in New Delhi, seeks youths' cooperation in fight against corruption

Prime Minister Narendra Modi sought youths' cooperation in his fight against corruption, saying none will be spared in his anti-graft exercise and noted that three former chief ministers are "rotting" in jail

Cybercrime cases have increased to more than 12,000 cases in 2016

Ravi Shankar Prasad said that the government was working with Interpol and CBI to identify sites that had child pornographic material.

Digitisation push: No charges on debit card payments up to Rs 2,000, MDR to be borne by govt for 2 years

Union Cabinet approved a proposal that government will bear the merchant discount rate (MDR) charges on transactions up to Rs 2,000 made through debit cards, BHIM, UPI or Aadhaar-enabled payment systems to promote digital transactions.

Indian Railways to bring UPI payment system at ticket reservation counters across the country from 1 December

"We are going to roll out UPI-based payment system at all reservation counters across the country," Railway Board Member (Traffic) Mohammad Jamshed said.

Tata claims to be the first power utility to introduce QR based bill payment system

Tata Power today said it has become the first power utility to introduce a QR code based bill payments system in India.