Page-2 of Topic: Digital Payments
Axis Bank Launches WhatsApp Banking
The Axis Bank has launched the WhatsApp Banking with the objective of helping and addressing the banking needs of its customers on March 3, 2021. The WhatsApp Banking...
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...
RBI to set new QR code rules to change payment picture of India
The Reserve Bank of India recently ordered payment system operators (PSO) from launching new proprietor QR code for transactions. The apex Bank asked the PSOs switch to at...
2.2% of Digital Payment Market will be contributed by India by 2023: PwC Report
A study conducted by the Payments Council of India and management consulting group PricewaterhouseCoopers has estimated that around 2.2% of the world’s digital payments market will be controlled...
Digital payment ecosystem in India
Demonetization and the government’s push towards digital payments has opened the market to several platforms which are not only more convenient but also provide greater flexibility to the...
Budget 2019 : Digital payments
To further encourage people to use digital payments as the preferred mode of their transactions, the Union Budget has announced the following measures to make digital payments successful-...
Recommendations of the Nilekani Panel for strengthening Digital Payments
The panel headed by Nandan Nilekani has submitted the recommendations to the Reserve Bank of India (RBI) for strengthening digital payments ecosystem. Recommendations of the Nilekani Panel The...
Nilekani Panel to strengthen the Digital Payments Ecosystem
The Reserve Bank of India (RBI) has constituted a high-level committee under Nandan Nilekani to suggest measures to strengthen the safety and security of digital payments in the...
NITI Aayog signs SoI with Sushant Singh Rajput to promote Women Entrepreneurship Platform
NITI Aayog has signed Statement of Intent (SoI) with noted media personality and entrepreneur Sushant Singh Rajput to collaborate and support its flagship Women Entrepreneurship Platform (WEP) initiative....
GST Council constitutes 2 Group of Ministers on digital payments and Cess on Sugar
The GST Council in its 27th meeting has constituted two Group of Ministers (GoM) to consider issues related to Incentivizing digital payments in GST regime & Imposition of...
Government to bear MDR charges on transactions up to Rs.2000
The Union Cabinet has decided that Government will borne Merchant Discount Rate (MDR) charges on transactions up to Rs. 2,000 made through debit cards, BHIM UPI or Aadhaar-enabled...
