Latest News on Bhim App
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Nov 13, 2018
RuPay, UPI to soon overtake global competitors like Visa, Mastercard: ReportUPI, RuPay reportedly accounted for 65.2 percent of all debit and credit card transactions as on 31 August 2018.
Nov 08, 2018
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.
Aug 06, 2018
GST Council proposes cashback incentive to promote digital payments; moots pilot projectAlthough 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.
Jul 04, 2018
UPI payment transactions up 30% month-on-month in June to over 246 mn, says NPCI dataThe 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.
Jun 15, 2018
Narendra Modi calls Digital India initiative a war against touts; says it helped fight black money, created employmentPrime Minister Narendra Modi on Friday said his pet Digital India initiative is a war against touts and middlemen
Feb 08, 2018
Digital transactions at 1.11 bn in January: Govt's 25 bn target for this fiscal doubtful as citizens return to habit of cashArray
Jan 28, 2018
Narendra Modi interacts with NCC cadets in New Delhi, seeks youths' cooperation in fight against corruptionPrime 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
Jan 05, 2018
Cybercrime cases have increased to more than 12,000 cases in 2016Ravi Shankar Prasad said that the government was working with Interpol and CBI to identify sites that had child pornographic material.
Jan 02, 2018
Digitisation push: No charges on debit card payments up to Rs 2,000, MDR to be borne by govt for 2 yearsUnion 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.
Nov 30, 2017
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.