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Paytm processes more than 7 million transactions worth Rs 120 crore in a day
Fp Archives •Backed by China's Alibaba, Paytm on Monday said it has registered over 7 million transactions worth Rs 120 crore in a day after the demonetisation drive started as millions of consumers and merchants across the country are opting for mobile payments on its platform for the first time.

Demonetisation day eight: ATMs run dry, exchange limit lowered to Rs 2,000
Fp Staff •It's been over a week since the demonetisation move came into place and the situation is far from normal. Banks are struggling to meet the demands, ATMs are running dry and there is mounting frustration and panic among people.
How to verify the authenticity of the new Rs 500 and Rs 2000 currency notes
Fp Archives •With several complaints and rumours about "fake new notes" of Rs 2,000 denomination, there is some wariness among the people as the notes come into wider circulation.

Rs 500, Rs 1000 notes banned: Digital wallet companies welcome the move
Tech2 News Staff •The govt has also announced the release of new designs for the Rs 500 denomination and there will also be a Rs 2000 denomination, which are expected to be available from 10 November.



