Amazon testing hand-scanning payment system for its Whole Foods stores
The technology being employed is computer vision and depth geometry to scan the hands of the shoppers.
Digital transactions: Aadhaar-based cashless payment for postal services under study
A software had been developed for the purpose by the AP Technology Services and successfully tested at the General Post Office in Hyderabad.
Andhra Pradesh govt signs MoU with Visa to develop Vishakapatnam as a fintech hub of India
Andhra Pradesh government on Wednesday unveiled its plans to develop Visakhapatnam as Fintech hub of the country and signed MoUs with Visa and Thomson Reuters.
BHIM app faces high server loads on launch day
The day of the launch saw a few issues for the app as the official BHIM twitter account sent a message saying that the app is facing server issues and that a new version of app will be launched to solve the issue.
Industry stakeholders call BHIM app a 'game-changer' for cashless payments in India
Praising the Aadhaar-based mobile payment application, BHIM (Bharat Interface for Money), which was launched by Prime Minister Narendra Modi on Friday, the industry stakeholders said it is a game-changer for cashless payments in India.
