Majority of Whatsapp users said they will not use payment features, business chat if app shares info with Facebook, third parties: Survey
The survey found that five per cent users have deleted the app, while 22 per cent claimed to have reduced using the mobile messaging platform.
Jet Airways shares jump over 18% on report of chairman Naresh Goyal's likely exit from airline's board
The report also said Etihad may infuse capital into Jet and raise its stake from the 24 percent it currently owns.
Circular sent by NPCI stated a deadline for all UPI apps to comply post which it has the "right to decline the transactions for such non-compliant apps.”
Everyone is getting digitalised in some way or the other in their lives today without even being aware of it.
The new version of 'Faketoken' performs live tracking of apps and, overlays the apps used by user with its phishing window to steal the bank card details.
Online payments company PayPal has announced a partnership with Microsoft-owned Skype to enable peer-to-peer transactions via the platform.
IT Ministry is working to set-up a toll-free phone number 14442 for grievance redressal of customers related to digital payments.
The RBI said an additional 11 NEFT settlement batches at half- hourly intervals will be introduced from 10 July, beginning from 8.30 am till 6.30 pm, for transfer of funds
The government is expected to come out with regulations for financial technology space as the industry is likely to witness increased payments and lending activities.
More than a third of Europeans and Americans would be happy to go without cash and rely on electronic forms of payment if they could.
National Payments Corporation of India (NPCI) is working on merging BharatQR along with Unified Payments Interface (UPI).
The government should remove transaction charges on e-payments for the faster adoption of digital payments in the country, the Confederation of All India Traders (CAIT) said on Thursday.
Controller General of Accounts (CGA) Archana Nigam has said that 98 percent of the total government transactions in the current fiscal, pegged at Rs 6.05 lakh crore in terms of value, have happened through the digital route.
Digital payments industry in India is expected to reach $500 billion by 2020, with over 50% of internet users in the country will be using it by then, a report today said.
The government is looking to reduce Merchant Discount Rate (MDR) charges to encourage digital payments, Niti Aayog Chief Executive Amitabh Kant said on Tuesday. "We are pushing digital transactions. Our aim is to bring down MDR charges.
It took just two days for the BHIM app to reach to the number one position on the App Store and even dethroned the all time favourite, WhatsApp along the way in India.
Finance Minister Arun Jaitley on Wednesday announced two new schemes to boost the adoption of BHIM (Bharat Interface for Money) digital payment app.
The Ministry of IT and Electronics (MEITY) is working on detailed guidelines on digital payments to ensure protection of consumers.
Maharashtra government would hold 'Digi Dhan Mela' on January 3 to promote digital payment. There would be over 50 stalls with variety of products such as electronic goods, foodstuffs, textiles, handicrafts, fashion accessories, etc, on sale.
Giving its digital economy drive a shot in the arm, the government through its outreach campaign 'DigiDhan Abhiyan' has enrolled over 1 crore rural citizens for digital methods of payment since its launch earlier this month.