Payments

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Payments - Total results - 48
Majority of Whatsapp users said they will not use payment features, business chat if app shares info with Facebook, third parties: Survey
News & Analysis

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
Business

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.

NPCI orders banks to stop UPI transactions from apps that are not complying with its directive
News & Analysis

NPCI orders banks to stop UPI transactions from apps that are not complying with its directive

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.”

Am I Digital – Ten ways to embrace digital technologies in your life
News & Analysis

Am I Digital – Ten ways to embrace digital technologies in your life

Everyone is getting digitalised in some way or the other in their lives today without even being aware of it.

A new trojan responsible for stealing bank details from Android apps resurfaces in Russia
News & Analysis

A new trojan responsible for stealing bank details from Android apps resurfaces in Russia

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.

PayPal partners with Skype to enable peer-to-peer payments in 22 countries
News & Analysis

PayPal partners with Skype to enable peer-to-peer payments in 22 countries

Online payments company PayPal has announced a partnership with Microsoft-owned Skype to enable peer-to-peer transactions via the platform.

IT Ministry to provide toll free number for digital payment grievances
News & Analysis

IT Ministry to provide toll free number for digital payment grievances

IT Ministry is working to set-up a toll-free phone number 14442 for grievance redressal of customers related to digital payments.

NEFT: RBI to introduce 11 new settlement batches from 10 July
Business

NEFT: RBI to introduce 11 new settlement batches from 10 July

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

Indian government is expected to issue rules to regulate financial tech space
News & Analysis

Indian government is expected to issue rules to regulate financial tech space

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.

Society is getting closer to cash-free future: Study
News & Analysis

Society is getting closer to cash-free future: Study

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.

NCPI is planning to merge UPI QR codes with BharatQR
News & Analysis

NCPI is planning to merge UPI QR codes with BharatQR

National Payments Corporation of India (NPCI) is working on merging BharatQR along with Unified Payments Interface (UPI).

Traders think that Government should remove transaction charges on digital payments
News & Analysis

Traders think that Government should remove transaction charges on digital payments

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.

98 percent government transactions worth Rs 6.05 lakh crore made digitally in 2016-17
News & Analysis

98 percent government transactions worth Rs 6.05 lakh crore made digitally in 2016-17

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.

Indian digital payments industry will be worth 500 billion by 2020, says a new report
News & Analysis

Indian digital payments industry will be worth 500 billion by 2020, says a new report

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.

Government is looking at charges on card payments; may reduce Merchant Discount Rate
News & Analysis

Government is looking at charges on card payments; may reduce Merchant Discount Rate

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.

NPCI's BHIM app for iOS jumps to number one spot on App Store, two days after launch
News & Analysis

NPCI's BHIM app for iOS jumps to number one spot on App Store, two days after launch

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.

Government announces referral bonus and cash-back for merchants to boost BHIM adoption
News & Analysis

Government announces referral bonus and cash-back for merchants to boost BHIM adoption

Finance Minister Arun Jaitley on Wednesday announced two new schemes to boost the adoption of BHIM (Bharat Interface for Money) digital payment app.

Government to introduce guidelines for digital payments to protect consumers
News & Analysis

Government to introduce guidelines for digital payments to protect consumers

The Ministry of IT and Electronics (MEITY) is working on detailed guidelines on digital payments to ensure protection of consumers.

Mumbai will host the Digi Dhan Mela on 3 January to promote e-payments
News & Analysis

Mumbai will host the Digi Dhan Mela on 3 January to promote e-payments

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.

Government enrolls about 1 crore rural citizens under its 'DigiDhan Abhiyan' campaign
News & Analysis

Government enrolls about 1 crore rural citizens under its 'DigiDhan Abhiyan' campaign

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.