Topic: Digital Payment
What is Mission Har Payment Digital?
The Reserve Bank of India (RBI) has launched a new mission called “Har Payment Digital” as part of its efforts to make every Indian a user of digital...
India-Singapore link Digital Payments UPI and PAYNOW
UPI is the mobile payment method in India. Similarly, PAYNOW is a mobile payment method in Singapore. The countries have planned to link these two mobile payment methods....
World Bank Global Findex Database 2021
World Bank recently released the “Global Findex Database 2021”. As per report, account ownership has increased worldwide. Key Findings of the report Report notes that, three out of...
RBI’s Digital Payment Index
The Reserve Bank of India recently released the Digital Payment Index. According to the index, the digital payments in the country have increased by 40% in September 2021...
‘HARBINGER 2021 – Innovation for Transformation’ – RBI’s first global hackathon
Reserve Bank of India (RBI) is set to organise its first global hackathon called ‘HARBINGER 2021–Innovation for Transformation’ focusing on digital payments. Key Points The global hackathon will...
e-RUPI Digital Payment Solution- Key Facts
Prime Minister Narendra Modi is to launch “e-RUPI Digital Payment Solution” on August 2, 2021. e-RUPI is an e-voucher-based payment solution. Highlights e-RUPI initiative will be launched to...
Postpaid Mini: Paytm launches small ticket loans
Digital payments and financial services platform, Paytm, have launched “Postpaid Mini” service for users on July 5, 2021. About Postpaid Mini service Postpaid mini service was launched in...
Payment Infrastructure Development Funds
The Reserve Bank of India recently announced operational guidelines to Payment Infrastructure Development Funds. The main aim of the funds is to deploy more digital payment infrastructure across...
RBI Digital Payments Index
The Reserve Bank of India recently released the Digital Payments Index to measure the growth in cashless transactions in India. What are the parameters of the Digital Payments...