E-commerce payment system Current Affairs, GK & News

PayPal India launched One Touch for seamless transaction

May 3, 2019

PayPal India has launched its OneTouch experience in India by using Google Smart Lock. This feature will permit Indian consumers to register their android device with PayPal and stay logged into PayPal for further PayPal purchases on that device, thus removing the issue of repeated log-ins and enabling a seamless payments experience. It will provide ..

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May 1, 2019

Paytm which is a Noida-based e-commerce payment system and digital wallet company has launched an option of recurring payments for its merchants to enable recurring payments. It has also started its own subscription business at an annual fee of Rs 750 where consumers pay at regular intervals. Consumers can opt for recurring payments from Paytm ..

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India first nation to subsidize online payments

December 14, 2016

India has become the first country in the world to subsidise the use of digital cash after the government announced measures like discounts on online payments for insurance policies, rail tickets and highway toll charges and waiver for service tax on online transactions below Rs 2,000. In countries like US, Sweden and Singapore, the inducement ..

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GePG: The E-payment gateway for retired govt staff

December 28, 2011

Indian Government’s official account-keeper, the Controller General of Accounts (CGA) has developed a fully secured e-payment gateway for direct credit of dues into the accounts of beneficiaries using digitally signed electronic advice through the new system. Apart from revolutionizing payments to individual beneficiaries, the government’s epayment gateway (GePG), that would be linking 1.3 lakh agencies ..

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