E-commerce in India: GK, General Studies and Current Affairs

Why do online sellers file Anti-trust cases against Amazon in India?

E-commerce giant Amazon is going to face a legal battle as an anti-trust case has been filed with the Competition Commission of India against Amazon India by a group of about 2,000 online sellers. Issues The members of the All India Online Vendors Association, who sell goods on e-commerce sites like Amazon and Flipkart, accused ..

RBI to regulate entire activities of Payment Aggregators

The Reserve Bank of India recently announced that it will regulate the entire activities of Payment Aggregators (PAs). Payment Aggregators enable the e-commerce sites and merchants to accept various payment instruments from the customers. As per the guidelines on regulation of PAs and Payment gateways (PGs), the existing PAs should attain a net-worth of Rs ..

Google joins hands with Union Government for ‘Digital Payment Abhiyan’

Nasscom’s Data Security Council of India (DSCI) has recently collaborated with the Ministry of Electronics and Information Technology (MeitY) and Google India to launch a nationwide awareness campaign ‘Digital Payment Abhiyan’. The campaign will educate end-users on the benefits of making digital payments and urge them to adopt security and safety best practices. The pan-India ..

NEFT to be available 24X7

The Reserve Bank of India has announced that the National Electronic Funds Transfer (NEFT) facility will be available round-the-clock basis from December 2019. At present NEFT payment system operated by the Reserve Bank as a retail payment system is available for customers from 8 AM to 7 PM on all working days of the week ..

Delhi police launches new e-challan system for use of Traffic Police

Delhi Police Commissioner Amulya Patnaik has recently launched the new e-challan system and the e-payment gateway for the use of Delhi Traffic Police. The E-challan devices are enabled with active GPS where the challaning officer and the violator, both can be logged and tracked to a particular geo-location. This is an important tool for evidence ..