digital transactions

PM Narendra Modi thanks nation for supporting 'digital transaction' movement

Pitching for digitalization during the 30th edition of `Mann Ki Baat`, Prime Minister Narendra Modi on Sunday said the people of the nation have extended their support towards the movement of digital transactions and in the process, have successfully discarded corruption.

Mar 26, 2017, 13:23 PM IST

Pay more for cash transactions at SBI, ICICI, HDFC and other banks: Know details

The large banks in the country including market leader State Bank of India(SBI) have hiked cash transaction charges on deposits and withdrawals, leading to costlier banking.

Mar 06, 2017, 15:22 PM IST

'Over Rs 153 crore awarded to 10 lakh people to promote e-payments'

Nearly 10 lakh consumers and merchants have been awarded over Rs 153.5 crore in the last 58 days under Niti Aayog's schemes to promote digital payments, its CEO Amitabh Kant said on Tuesday.

Feb 21, 2017, 16:15 PM IST

BHIM app crosses 17 million downloads: NITI

Indigenous digital payments app BHIM, which the government launched last December for fast and secure cashless transactions, has recorded 17 million downloads so far, Niti Aayog CEO Amitabh Kant today said.

Feb 21, 2017, 15:40 PM IST

Debit card payments: RBI proposes to drastically cut MDR charges

The RBI on Thursday proposed to drastically cut MDR charges on debit card payments.

 

Feb 16, 2017, 20:40 PM IST

IT spending by banks in India to grow: Gartner

IT spending by banking and security firms in India will reach $8.9 billion in 2017 -- an increase of 9.7 per cent from 2016, market research firm Gartner said on Friday.

Feb 10, 2017, 15:03 PM IST

Idea Money launches USSD-based platform for digital payments

Idea Cellular on Thursday said it has enabled USSD-based platform for shopkeepers and customers to conduct digital transactions using Idea Money service.

Feb 09, 2017, 15:38 PM IST

No decision yet on imposing tax on cash transactions: Govt

The government has not taken any decision on levying a Banking Cash Transaction Tax (BCTT) on cash deals of Rs 50,000 and above as suggested by the high- powered Chief Ministers' panel, Economic Affairs Secretary Shaktikanta Das said on Thursday.

Feb 09, 2017, 14:57 PM IST

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

Movement towards digital transactions to continue: PM Modi

Prime Minister Narendra Modi on Saturday said India would continue moving towards digital transactions to make the country a less cash society -- an initiative following the spiking of old 500 and 1,000 rupee notes.

Jan 28, 2017, 13:34 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

India has become key target for cybercrime after demonetization: Report

Post demonetization, India is expected to be a key target for cyber criminals using malware to attack point-of-sales (POS) devices and mobile wallets this year, security software firm F-Secure said today.

Jan 20, 2017, 11:58 AM IST

Govt planning to make PAN Card mandatory on the transactions of 30,000 rupees cash

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Jan 19, 2017, 23:35 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

Cards, ATMs, POS will be redundant by 2020 in India: Niti Aayog

Amid the big push being given to digital transactions post-demonetisation, Niti Aayog CEO Amitabh Kant today said cards, ATMs and POS machines would become redundant in the country by 2020.

Jan 07, 2017, 21:45 PM IST

Govt may take new initiatives to encourage digital transactions

Govt may take new initiatives to encourage digital transactions. Watch this special segment and get to know more here.

Dec 29, 2016, 12:59 PM IST

Pay using Ola Money for fuel, LPG at BPCL

Now you can easily pay fuel and LPG at Bharat Petroleum Corporation Limited (BPCL) retail outlets across the country using Ola Money.

Dec 26, 2016, 14:15 PM IST

Demonetisation: Govt asks banks to inform about IT breach inside 2 hours

In wake of substantial increase in digital transactions after demonetisation, the government has alerted the top banks, both public and private, and asked them to inform about any kind of IT breach inside 2 hours.

Dec 26, 2016, 11:19 AM IST

Go digital: How to keep your online transaction safe

Online transactions is increasingly becoming a part of our day to day lives.

Dec 23, 2016, 02:30 AM IST

Demonetisation: Govt limits charges on electronic fund transfer

In order to further promote digital and card payments, Finance Ministry on Wednesday directed all public sector banks(PSBs) not to charge fees for transactions settled on IMPS and UPI in excess of rates charged for NEFT for transactions above Rs 1000, with service tax being charged at actual.

Dec 21, 2016, 16:04 PM IST