At the time of its launch, Ola had announced that the electric scooter will be available for purchase from September 8.

Under Digital India programme, IOCL has already installed two such machines in Bhopal and plans to expand the facility to other places acro...

PSBs have allegedly lost lakhs due to round-tripping by business correspondents of private banks.

Monga evidently relishes challenges. As a man on an unwavering mission, Monga is totally plugged into the digital game as he tries to expan...

IDFC Bank is the first to use this platform, which has the ability to service all types of customers including those with phones, cards, an...

From about 2m in December, the number of transactions has increased to 6.1m in April.

Banks have already deployed around 1.3 lakh micro ATMs in the country, of which more than 1 lakh terminals are interoperable, said NPCI Chi...

Merchants and banks, which have to deploy the Aadhaar terminal with merchants, will each get an incentive of 0.25% of the transaction value...

The initiative, Aadhaar Pay, is a biometric-based payment system that will allow account holders to carry out all his banking transactions ...

While the micro ATMs function as a bank-in-a-box, most of the Aadhaar Pay merchants will be converted into business correspondents and will...

The Mumbai-based private lender plans to set up 30,000 micro ATMs and 75,000 Aadhaar Pay merchant points as part of its plan.

On the same occasion, Amitabh Kant said India is on the cusp of a major digital revolution; this enables us to reach even the bottom of pyr...

The incentive is also aimed at encouraging banks to onboard merchants for the new payments ecosystem and build the requisite infrastructure.

Aadhaar Pay will revolutionise the payment ecosystem in India. The government is ready to go live with the solution in the next couple of d...

At present five banks — Andhra Bank, IDFC Bank, IndusInd Bank, State Bank of India and Syndicate Bank — have gone live over Aadhaar Pay.

If the transaction is done through the Aadhaar network, there's no need for extra charges,“ said bankers aware of the discussions with the ...

It said IDFC Aadhaar Pay will enable millions of merchants across the country to facilitate cashless purchases for customers in a cost-effe...