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RECURRING ELECTRONIC PAYMENTS
Could your June 2026 Social Security check arrive sooner than expected according to the payment schedule?The June 2026 Social Security payment schedule is based primarily on a beneficiary's birth date. Individuals who started receiving benefits...- 20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
- RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
- No cash on toll plazas from April 10; government moves to end ID-based exemptionsThe Ministry of Road Transport and Highways is discontinuing cash transactions at toll plazas from April 10, mandating digital payments to ...
- Wells Fargo hit with $33 million settlement — customers may receive surprise checksWells Fargo customers who were misled into paying for "free" monthly subscriptions will receive a share of a $33 million settlement. The ba...
- RBC and BMO explore $2 billion sale of Canadian payments venture MonerisRoyal Bank of Canada and Bank of Montreal are exploring sale of payments joint venture Moneris, valued at approximately $2 billion. The pay...
- RBI tells online payments firms to track fishy transactions amid Lok Sabha electionsThe central bank has also asked payment companies to monitor and report high-value merchant payments during ongoing general elections. In a...
- Track fishy transactions, RBI tells payment firmsIn a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mecha...
- Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip AsbeNPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory ac...
- Aadhaar-based pay must for MGNREGS wages from July 1The rural development ministry then decided to continue to allow payments through both ABPS and the usual electronic payment through the Na...
- Aadhaar-linked NREGS payments to get more timeThe directive for a mandatory use of the Aadhaar-Based Payment System (ABPS) under the MGNREGS from February 1 had stoked massive protests ...
- View: Good mandate, unintended repercussionsConsidering the pandemic and lockdown did not give much of a breather to any industry and the banking and financial sector was no exception...
- Large Indian lenders seek time on standing instructionsBanks have also requested RBI to exclude transactions against pre-existing standing instructions and those with international merchants fro...
- RTGS to be made available 24X7 in next few days: RBI GovernorCurrently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of eve...
- RBI eMandate nod paves way for auto-debits by fintech firmsThe retail payments body has asked banks to implement both the emandate measures by June 30.
- Standing instructions to banks go onlineSeven banks have gone live on the NPCI’s platform, allowing customers to provide e-mandate through net banking,
- Government plans big push to boost BharatQR and BHIM usageWorking on a strategy to promote cashless transactions, the government is said to be looking at ways to make digital payments cheaper than ...
- Jabalpur Tele-payment service bags National Golden Icon awardThe Tele-Bhugtan Service (Tele-payment service) system in Jabalpur collectorate has bagged the National Golden Icon award for innovative us...
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