Mobile app-based payments rise 163 per cent to USD 287 billion in 2019: ReportThe 'India Mobile Payments Market Report' noted that point-of-sale transactions completed using debit and credit cards, including online an...
16 Jun, 2020, 03.39 PM IST
SBI halves daily ATM cash withdrawal limit to Rs 20,000The cash limits have been announced for SBI's most used Classic and Maestro debit cards.
02 Oct, 2018, 11.04 AM IST
50 years of ATMs: A walk down the memory laneET Magazine takes you through the history of ATM statistics around the world at a time when digital transactions seem to be growing rapidly.
09 Apr, 2017, 01.50 AM IST
Is demonetisation and the push towards digital buying making Indians spend recklessly?The ease of online shopping and epayments may turn the otherwise conservative shopper into an oniomaniac.
07 Mar, 2017, 03.47 PM IST
70% want charges imposed on cash transactions to be removed: SurveyWhile banks are posing this move as another step towards making India a cashless economy, consumers are calling it a bad decision, accordin...
06 Mar, 2017, 07.34 PM IST
Not difficult to have 50% cashless payments in Goa: Manohar ParrikarPointing out that Goa government departments are also increasingly going cashless, Parrikar said there are some difficulties to make revenu...
28 Dec, 2016, 03.01 PM IST
Cashless push: No tax on sale/rental of swipe machines in GujaratSwipe machines are purchased by banks and given on rent to merchants to accept payments through debit or credit cards from customers.
13 Dec, 2016, 09.26 PM IST
Flying to be more affordable with airlines set to drop convenience fee for card paymentsFrequent flyers question the levy of convenience fee and say this too should go like the congestion fee that airlines used to charge earlie...
09 Dec, 2016, 12.34 PM IST
Government to waive service tax on card transactions of up to Rs 2,000After demonetisation, there has been a cash crunch in the country as people have been making a beeline for banks and ATMs to withdraw new c...
08 Dec, 2016, 12.51 PM IST
3 types of cashless transaction options via prepaid payment instruments for youThe RBI classifies every mode of cashless fund transfer or transaction using cards or mobile phones as ‘prepaid payment instrument’.
23 Nov, 2016, 04.02 PM IST
Cashless economy: Centre to implement 19 measures to facilitate transitionJaitley had on Wednesday said that the government's decision to withdraw Rs 500 and Rs 1,000 notes will move the country towards a cashless...
11 Nov, 2016, 07.03 AM IST
Banking data breach increases people's distrust on plastic transactionsThe recent hacking of India's banking system that affected 3.2 million debit cards has led many to not use plastic or even engage in electr...
24 Oct, 2016, 11.00 AM IST
Curbing black money: Government plans to promote cashless economyThe government is looking at a slew of measures to promote cashless economy, including creating an ecosystem to incentivise cashless transa...
11 May, 2016, 10.33 AM IST
Finance Ministry readying blueprint for less-cash societyThe Union Cabinet in February had already approved withdrawal of surcharge, service charge and convenience fee on card and digital payments...
15 Apr, 2016, 05.15 PM IST
3 companies bid for Axis Bank’s swipe businessTwo largest US processors - Global Payments Inc and TSYS - as well as UK-based WorldPay have valued the Axis Bank network slightly below th...
05 Dec, 2013, 08.22 AM IST
- Yes Bank aims to sell 500 kg gold products in FY'13
Yes Bank is expecting to sell about 500 kilogram of gold products in 2012-13 fiscal, a senior official said today.
01 Nov, 2012, 10.39 PM IST
- Debit card use can be popularised by cutting MDR: Study
Use 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...
20 Sep, 2010, 05.32 PM IST