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PORTABLE PAYMENT SYSTEM
Are you creating a SIP portfolio that no one is watching? Scattered investments to unclaimed SIPs, here's how to fix housekeeping riskAt least once a year, pull a consolidated account statement to see everything in one go: check for overlap across schemes; flag any fund tr...- In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
- India’s invisible workforce gets a new safety net: Key labour reforms for migrant employees decodedIndia's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safe...
- Portable bank A/Cs for better user experience: RBI eyes more power for consumersThese efforts by the central bank come alongside India’s ongoing initiatives to strengthen international payment linkages, including agreem...
- Why India must act now to prevent PhonePe and Google Pay's UPI Duopoly from becoming a national liabilityIndia's UPI faces systemic risk due to PhonePe and Google Pay's over 80% transaction dominance. Aggressive discounting and zero MDR create ...
- BharatPe launches all-in-one payment device BharatPe OneIndian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a point of sale (POS), QR code, and s...
- RBI working on light weight, portable payment system for critical transactions during catastrophic eventsThe Reserve Bank of India (RBI) is developing a lightweight and portable payment system designed to operate during war or natural disasters...
- RBI plans new payment system to safeguard essential payments against digital attack, natural calamitiesIn its annual report 2023-23, RBI has mentioned conceptualising this new lightweight and portable payment system that can be operated from ...
- Tech to facilitate ration to migrants, keep graft outThe idea of portable ration cards was first mooted by a committee headed by Nandan Nilekani, the then chairman of the Unique Identification...
- One Nation, One Ration to help migrants in distress and cut corruption: ExpertsThe One Nation, One Ration Card scheme announced by finance minister Nirmala Sitharaman on Thursday will be driven by ration cards seeded w...
- AIBEA asks RBI to come up with mechanism to protect consumersIn the memorandum submitted to govt & RBI, AIBEA alleged that the Centre was pushing customers to take to digital transactions, but banks d...
- Fino Payments Bank to deploy 10,000 mobile PoS terminalsThe key feature of the new Android-based mobile POS is that it is a single device with in-built finger print scanner, card reader, camera, ...
- Ration card holders can now buy ration from any fair price shop: Delhi governmentThe food and civil supplies department today started distributing ration through point of sale device (PoS) at all 2,254 fair-price shops o...
- BBMP junks its own proposals to end contractors' strangleholdWhile the State Cabinet decided that the direct payment system to pourakarmikas would commence on September 1 (later postponed to October 1...
- View: RBI has a lot to do before it can bring in portabilityPortability alone will not solve the dysfunction in the way Indian banks treat customers.
- Net 1, Visa to roll-out virtual credit card technology in IndiaThere was no indication of financial returns for the company in India, while no discussions had taken place with Brazil yet.
- Going mobile with cards ups risks for banksSecurity issues could also hamper usage of mobile point of sales machines which banks have been looking at for cash-on-delivery solutions f...
- Speedy generation of Aadhaar needed to roll out cash benefit transfers before 2014The government wants to step up efforts to open a bank account for every beneficiary and to seed every account with Aadhaar.
- Aadhaar permits cashless payments and mobile bankingThe Unique Identity (Aadhaar)-based direct cash transfer system heralds multiple revolutions.
- RBI for electronic payments, ushering in 'less-cash' economyWith an aim to make payment and settlement system more safe in the country, RBI proposed to proactively promote electronic transactions for...
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