BHIM
Five to Seven Countries Sign Up for adopting India Stack
India Stack is the collection of Application Peripheral Interfaces launched by the Government of India. This includes BHIM, Digilocker, UPI, and several other applications. According to a recent report from the IT Ministry around seven countries are to join India ..
Month: Current Affairs - January, 2023
Category: International / World Current Affairs
Six years of ‘Bharat Interface for Money’
On the 30th of December 2016, the Prime Minister of India, Narendra Modi, launched the Bharat Interface for Money (BHIM) payment app. Six years later, BHIM is still going strong, with a steadily increasing user base and a high volume ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024
NPCI launches “Rupay Festive Carnival”
The National Payments Corporation of India (NPCI) launched ‘RuPay Festive Carnival’. What are the Key Features of Rupay Festive Carnival? The ‘RuPay Festive Carnival’ will give compelling advantage and interesting discounts to RuPay users. It aimed at contactless, motivating safe ..
Month: Current Affairs - October, 2020
E-Nam: 200 new Mandis integrated
On May 1, 2020, around 200 Mandis were added to the E-NAM platform. The mandis were from 7 different states. They were joined through a video conference held by the Union Minister of Agriculture Shri Narendra Singh Tomar. Highlights The ..
Month: Current Affairs - May, 2020
Finance minister: MDR charges not applicable for RuPay and UPI from 2020
On December 28, 2019, Finance Minister Nirmala Sitaraman announced that Merchant Discount Rate (MDR) will not be applicable on bank transactions made through RuPay and UPI platforms. Highlights The Finance Ministry has directed the banks to start campaigns to popularize ..
Govt launches BHIM 2.0
Union Minister of Electronics and Information Technology (MeiTY) Ravi Shankar Prasad unveiled a slew of new initiatives and programmes, including BHIM 2.0 that packs-in new functionalities, supports additional languages and has increased transaction limits. He also launched a host of ..