Digital push: Govt confident that debit card charges may decline
As the government seeks to promote digital transactions, Finance Minister Arun Jaitley on Tuesday exuded confidence that the charges on such payments would come down with increase in volumes.
Feb 07, 2017, 16:11 PM IST
Card, Aadhaar enabled payments at all PDS, fertiliser depots soon
In a major push for cashless transactions, PoS machines for credit/debit card as well as Aadhaar-based transactions will be installed at all PDS shops and fertiliser depots over the next few months.
Feb 06, 2017, 14:07 PM IST
Govt removes all taxes on PoS machines to push e-payments
In a move to push digital payments, the government on Wednesday removed all duties on devices used in the process of cashless transactions like point of sales machines, finger print readers etc.
Feb 01, 2017, 13:58 PM IST
Cashless transactions: Govt to roll out Aadhaar Pay, 14 banks already on board
Taking another step closer towards a cashless economy, the Modi government is all set to roll out Aadhaar Pay service that will enable people to make and receive payments using their Aadhaar number and biometrics.
Jan 27, 2017, 18:01 PM IST
Get incentives from govt for going cashless soon; Budget 2017 may announce fund to incentivise digital payments
In order to boost digital payments in the country, the government is mulling to set up a digital payments incentive fund which will fund measures to widen infrastructure to support digital payments.
Jan 27, 2017, 14:19 PM IST
Transactions through card may become cheaper
Transactions through card may become cheaper. Watch this special segment and get to know more here.
Jan 24, 2017, 22:49 PM IST
Digital payments: Panel recommends abolition of MDR, tax on cash transaction above Rs 50,000
To encourage digital transaction, the Chandrababu Naidu panel, in the report to PM Modi stated that bringing down cost of digital transactions was key to success of digital payments.
Jan 24, 2017, 20:42 PM IST
Government may reduce service charge on credit and debit card transactions
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Jan 21, 2017, 00:27 AM IST
Digi pay: 3.81 lakh consumers, 21,000 merchants win Rs 61 crore
More than 3.81 lakh consumers and 21,000 merchants have been declared winners of NITI Aayog's lucky draw schemes 'Lucky Grahak Yojana, LGY' for consumers and 'Digi-Dhan Vyapar Yojana, DVY for merchants.
Jan 19, 2017, 20:47 PM IST
Niti Aayog to rank states on digital metrics, seeks data
To foster competition among states, Niti Aayog has sought data on digital transactions from them within 10 days so that they can be ranked on the basis of initiatives taken to promote less-cash economy.
Jan 17, 2017, 14:58 PM IST
How government may boost digital payments in Budget 2017-18
First came the announcement of Digital India in 2015. The idea of connecting India from north to south, and east to west through the internet highway was drummed with high decibel publicity.
Jan 17, 2017, 12:51 PM IST
NPCI declares Rs 54.90 cr prize money for NITI Aayog's lucky draw schemes
National Payments Corporation of India (NPCI) on Saturday declared Rs 54.90 crore prize money to over 3.42 lakh winners for NITI Aayog's lucky draw schemes for consumers and merchants. The two schemes are - Lucky Grahak Yojna (LGY) and Digi-Dhan Vyapar Yojna (DVY).
Jan 15, 2017, 00:35 AM IST
Airtel Payments Bank launches nationwide operations
Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.
Jan 12, 2017, 18:30 PM IST
Mobikwik announces zero surcharge for gas, petrol pump payments
This move by MobikWik is sure to benefit consumers and attract them towards the digital payments company.
Jan 10, 2017, 18:36 PM IST
Debit card transactions: SBI waives MDR charges for small merchants for one year
Country's largest lender SBI has waived Merchant Discount Rate (MDR) on debit card transactions for all small merchants with annual turnover of up to Rs 20 lakh for one year.
Jan 09, 2017, 19:46 PM IST
Lucky Grahak Yojana winners to be announced today
The next lot of winners under lucky Grahak Yojana Will be announced in Amritsar on Friday.
Jan 06, 2017, 12:06 PM IST
Need help with digital payments? Dial this toll-free helpline number!
In a move to further encourage digital payments, the government, in collaboration with telecom and IT industry, has launched a toll-free helpline number.
Jan 04, 2017, 19:53 PM IST
Banks begin levying MDR charges on debit card payments
In what could be a blow for digital payments system, some banks in the country have started levying Merchant Discount Rates (MDR) charges on use of debit cards for payments.
Jan 03, 2017, 21:06 PM IST
Paytm gets RBI licence to launch Payments Bank; operations likely from next month
Paytm Payments Bank will be the second one to be set up in the country after Airtel Payments Bank launched its pilot bank in Rajasthan in November 2016.
Jan 03, 2017, 19:41 PM IST
Paytm users can add money using United Payments Interface
Paytm consumers on the UPI platform can now add money to their Paytm Wallets using their UPI ID.
Jan 03, 2017, 11:20 AM IST
