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...
30 Mar, 2026, 01.15 PM IST
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 ...
13 Nov, 2025, 11.23 PM IST
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...
23 Apr, 2024, 03.55 PM IST
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...
31 May, 2023, 12.28 PM IST
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 ...
30 May, 2023, 02.33 PM IST
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...
15 May, 2020, 11.48 AM IST
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...
14 May, 2020, 10.10 PM IST
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...
30 Apr, 2018, 06.29 PM IST
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, ...
28 Mar, 2018, 04.33 PM IST
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...
01 Jan, 2018, 10.15 PM IST
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...
16 Oct, 2017, 11.20 AM IST
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.
05 Jun, 2017, 10.22 AM IST
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.
13 Feb, 2014, 01.22 PM IST
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...
05 Dec, 2013, 08.27 AM IST
- Speedy generation of Aadhaar needed to roll out cash benefit transfers before 2014
The government wants to step up efforts to open a bank account for every beneficiary and to seed every account with Aadhaar.
22 Mar, 2013, 05.05 AM IST
Aadhaar permits cashless payments and mobile bankingThe Unique Identity (Aadhaar)-based direct cash transfer system heralds multiple revolutions.
03 Dec, 2012, 05.31 AM IST
- RBI for electronic payments, ushering in 'less-cash' economy
With an aim to make payment and settlement system more safe in the country, RBI proposed to proactively promote electronic transactions for...
27 Jun, 2012, 10.23 PM IST