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CASHLESS PAYMENTS IN INDIA
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...- PVR INOX asks to pay using UPI only; customer sends legal notice for refusing to accept cash paymentPVR INOX asked an Ahmedabad advocate to pay using UPI only and refused to accept his cash payments. He has sent a legal notice to PVR INOX ...
- OneTag launched for FASTag users: You can now change issuer bank without replacing your FASTag; what will happen to your existing wallet?In a game-changing move for FASTag users, the newly launched 'OneTag' portability feature enables individuals to transition their issuer ba...
- Railways powers rural economy, local products get Rs 162 crore market at stationsIndian Railways’ One Station One Product scheme has expanded to more than 2,300 outlets across over 2,000 stations, benefiting over 1.54 la...
- 2.7 lakh Delhi construction workers to get 24x7 healthcare, cashless treatment, Rs 2 lakh coverAround 2.7 lakh Delhi construction workers will soon receive free healthcare services. This new scheme offers 24x7 medical assistance and a...
- Health insurance for elderly parents: A complete guide for NRIsIndia’s ageing population and growing NRI community are increasing demand for healthcare support that goes beyond insurance. NRIs caring fo...
- How China’s big push to win back tourists is paying offChina's tourism sector is experiencing a significant resurgence after pandemic restrictions eased. Visa-free travel policies have attracted...
- India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
- AB-PMJAY guideline violations: Over 2,000 hospitals de-empanelled, 1,200 suspended, says NaddaOver two thousand hospitals faced de-empanelment for scheme guideline violations. Automated triggers detect suspicious claims within twenty...
- CGHS pensioner card application process gets easier: Retiring central government employees can now get CGHS card through Bhavishya portalCentral government employees retiring soon will find CGHS pensioner card applications simpler. Pension details from the Bhavishya portal wi...
- From Indian temples and bazaars to taxis: German traveller amazed by India’s ‘ting ting’ payment system, calls it pure magicA German tourist was impressed by India's seamless digital payment system, where QR codes enable quick, cashless transactions for everythin...
- Russians to get cashless payment option in IndiaSberbank and Cheq have partnered to facilitate cashless transactions for Russian tourists visiting India. This collaboration addresses chal...
- Government's cashless push to boost smartphone sales: SamsungAccording to the Samsung executive, the mobile phone industry was not hit that badly due to cash crunch post the November 8 note ban announ...
- Bulk of merchant payments turning cashless would help get economy on right track: Nandan NilekaniNandan Nilekani was speaking on "Road to Cashless Economy: How Government, Regulation, Technology and Markets Come Together".
- Ensure 100% cashless dealings within 15 days deadline: Ram Vilas PaswanRam Vilas Paswan said that an advisory will be issued to state governments to promote cashless transactions at ration shops.
- Techprocess ties up with NumberMall for cashless payments in rural kirana storesPaynimo is inter-operable with more than 185 payment modes, including credit and debit cards, net-banking, e-wallets and the likes.
- Tourists from China, Japan may get to use ATMs hereReserve Bank of India-promoted NPCI, which offers payment services in the local market, is also launching its international debit card next...
- National Payments Corp of India gets RBI nod to tie-up with China UnionPayThe Reserve Bank promoted NPCI which so for offers payment services in the local market is launching its international debit card in June t...
- Will Zomato bring cashless payments to India?The service works with any credit card introduced by Visa or MasterCard, and is currently available on the iOS version of the app.
- Debit card use can be popularised by cutting MDR: StudyUse of debit cards can be popularised in the country if RBI accepts a proposal that banks cut fees for debit card payments by bringing down...
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