India Post Payments Bank crosses 2-cr customer mark; rural banking infrastructure increases by almost 2.5 times, says Ravi Shankar Prasad
According to a statement, IPPB had reached the landmark of one crore customers in August last year - its first year of operations.
This QR code-based system would allow anyone with a BHIM app to scan the SGQR at NETS terminals for payments in Singapore.
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.
State Bank of India aims to eliminate debit cards; Yono cashpoints scaled up to facilitate cardless payments
SBI has set up 68,000 'Yono cashpoints' and is in the process of scaling it up massively to over 1 million in the next 18 months
Digital payments: Visa blasts govt move to remove MDR; says banks, other stakeholders incur costs on infrastructure
MDR is a commission of up to 2% paid by a merchant establishment to banks which put up the POS machines
Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industry
Abolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday
The centre will go paperless with the registration of the vehicles from 1 October 2019
Tokenisation and de-tokenisation shall be performed only by the authorised card network and recovery of original Primary Account Number (PAN) should be feasible for the authorised card network only
WhatsApp is redesigning the current method of adding contacts to the platform.
The Aadhaar-issuing body Unique Identification Authority of India (UIDAI) has initiated the process of deleting the authentication log beyond six months, as directed by the apex court.
UIDAI asks banks to use Aadhaar eKYC for govt subsidies, welfare scheme users; various options listed for other customers
Physical Aadhaar card can be used for verification in an offline mode if produced voluntarily
CBFC chief Prasoon Joshi suggests new initiatives to educate audiences about film certification categories
Prasoon had replaced Pahlaj Nihalani as the CBFC chief in August 2017
This feature can be used to detect and get information about products that sport this code.
'Security state' China is using QR codes, big data to track, monitor Uighur Muslims in Xinjiang, claims Human Rights Watch
China is using latest biometric and surveillance technology including installing QR codes on homes of the Uyghur ethnic community in the Xinjiang to track their movement and get instant access to the personal details of people living in the area, a report in the Human Rights Watch said.
The mirror, designed for H&M's flagship store at Times Square in New York, can provide fashion advice.
The new WhatsApp Payments ‘Request Money’ feature only works with UPI ID and using QR codes.
Paytm for Business is currently available only for Android users on the Google Play Store and comes with support for 10 Indian regional languages.
OnePlus Switch: Additional details revealed about about the new data migration tool and its features
OnePlus is supporting devices running Android 6.0 and above for now. It will add support for the older Android versions in future versions of the app
Paytm QR code to allow shopkeepers to accept payments directly into their bank accounts, without any charge
"The Paytm QR now allows offline merchants to accept unlimited payments directly into their bank accounts at zero percent charge," Paytm said.
If the RBI ensures equitable distribution of MDR margins between all parties, then the acquirers will have enough resources to deploy the expensive POS terminals across all establishments in the country and thus help grow digital transactions