Cashless Transactions

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Cashless Transactions - Total results - 31
Cash still king in Japan: Ageing population doesn't prefer mobile payments; campaigns launched to change transaction habits
Business

Cash still king in Japan: Ageing population doesn't prefer mobile payments; campaigns launched to change transaction habits

in Japan, where crime and counterfeiting are virtually non-existent, people feel more comfortable carrying cash and consumer response has been sluggish.

Govt should consider formulating proposed national retail trade policy for bolstering sector
Business

Govt should consider formulating proposed national retail trade policy for bolstering sector

The increase in disposable income would result in additional demand and help boost the retail sector.

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers
Business

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers

Tokenisation is a process aimed at increasing the security and safety of payment systems by replacing the card details with a unique alternate payment ID or code termed as a ‘token'.

Don't judge demonetisation to soon: From grocery to high-value purchases, note ban has given a leg-up to digital money
Business

Don't judge demonetisation to soon: From grocery to high-value purchases, note ban has given a leg-up to digital money

Demonetisation has provided a necessary nudge to affect a behavioural change in society in the way cash is being used

Rahul Gandhi initially said that demonetisation could be game-changing decision, Congress' Milind Deora tells Firstpost
Politics

Rahul Gandhi initially said that demonetisation could be game-changing decision, Congress' Milind Deora tells Firstpost

Milind Deora recalled that when demonetisation was announced, Congress vice-president Rahul Gandhi did not immediately oppose the move, though the party wanted to do so.

Narendra Modi in Karnataka: PM slams Congress, accuses it of 'shameless' U-turn on Kashmir
Politics

Narendra Modi in Karnataka: PM slams Congress, accuses it of 'shameless' U-turn on Kashmir

Prime Minister Narendra Modi on Sunday launched a scathing attack on the Congress during his visit to Karnataka, accusing it of "shamelessly" taking a U-turn on Kashmir, using a language spoken by Pakistan and stalling significant projects.

Village in Naxal-affected Dantewada district gets PM award for going cashless
India

Village in Naxal-affected Dantewada district gets PM award for going cashless

An initiative to make a remote village cashless in the Naxal-affected Dantewada district of Chhattisgarh was on Friday rewarded for excellence in public administration by Prime Minister Narendra Modi.

As cash flow is increasing, number of digital transactions are falling, and here's the data to prove it
News & Analysis

As cash flow is increasing, number of digital transactions are falling, and here's the data to prove it

The demonetisation of Rs 500 and Rs 2,000 notes in November last year was a move designed to flush out black money and push India into the age of digital transactions. While success in the former department might be questionable, what of the latter?

From steps to curb tax evasion to sops for realty: Highlights of Finance Bill passed in LS
Business

From steps to curb tax evasion to sops for realty: Highlights of Finance Bill passed in LS

After scrapping high-value currency notes in November, Prime Minister Narendra Modi is pushing a raft of measures to boost cashless transactions and curb tax evasion

National level policy to reduce charges on cashless transactions being worked on
News & Analysis

National level policy to reduce charges on cashless transactions being worked on

Union Minister Hansraj Gangaram Ahir on Wednesday said the Centre will frame a policy to further reduce charges on cashless transactions.

Despite 110% increase in m-Wallet transactions since demonetisation, there are hurdles that still need to go
News & Analysis

Despite 110% increase in m-Wallet transactions since demonetisation, there are hurdles that still need to go

Ever since the prime minister demonetised the Rs 500 and Rs 1000 notes from circulation, there has been one category that has been seeing massive growth, every month. That category is the mobile wallet category.

Union Budget 2017-18: Behind Arun Jaitley’s rural push lies a very real political concern
Politics

Union Budget 2017-18: Behind Arun Jaitley’s rural push lies a very real political concern

Is Union Finance Minister Arun Jaitley’s Budget overtly populist, thus political?

Govt to roll out Aadhaar Pay for cashless transactions
Business

Govt to roll out Aadhaar Pay for cashless transactions

Aadhaar Pay service will enable people to make and receive payments using their Aadhaar number and biometrics

What PhonePe-ICICI Bank row shows: India needs a quick-footed fintech regulator
Business

What PhonePe-ICICI Bank row shows: India needs a quick-footed fintech regulator

ICICI Bank refusing to acknowledge PhonePe transactions is like Airtel or Vodafone not taking calls from Reliance Jio, on which the Telecom Regulatory Authority of India (TRAI) last year ordered fine on telecom operators.

Andhra Bank to now allow Aadhar-based cashless transactions
News & Analysis

Andhra Bank to now allow Aadhar-based cashless transactions

PSU lender Andhra Bank today announced the launch of a new initiative for cashless transactions through mobile phones for which only the Aadhar number is required.

Demonetisation effect: Here’s how Modi government’s ‘cashless’ push working on the ground
Business

Demonetisation effect: Here’s how Modi government’s ‘cashless’ push working on the ground

To encourage people shift to digital transactions the Modi-government announced a slew of initiatives in early December.

Digital transactions should not be treated as short term substitute for cash, says PM Modi
News & Analysis

Digital transactions should not be treated as short term substitute for cash, says PM Modi

On the eve of the expiry of the deadline to deposit demonetised currency in banks, Prime Minister Narendra Modi urged citizens not to regard digital transactions as a short-term substitute for cash payments.

Oil marketing firms eye over 50% of retail sales in cashless mode by March
Business

Oil marketing firms eye over 50% of retail sales in cashless mode by March

Retail sale of oil products -- petrol, diesel, CNG/PNG and LPG -- in volume terms account for around 7.3 trillion transactions per annum, according to BPCL.

As cashless shift makes tax evasion tough, resentment becomes obvious
India

As cashless shift makes tax evasion tough, resentment becomes obvious

Demonetisation leading to cashless economy might help in curbing tax-evasion and that is precisely why the ‘great Indian middle class’ is resenting the demonetisation so much.

UIDAI's Aadhaar payment app to be launched on 25 December
News & Analysis

UIDAI's Aadhaar payment app to be launched on 25 December

The new Aadhaar payment app will eradicate the need for payment machines for cashless transactions where all a merchant would need is an Android smartphone to run a cashless business.