Page-4 of National Payments Corporation of India
Dilip Asbe appointed as new Managing Director and CEO of NPCI
Dilip Asbe has been appointed as the new Managing Director and CEO of National Payments Corporation of India (NPCI). Prior to this, Asbe was CEO-in-charge of NPCI. He succeeded A.P.Hota, who retired in August 2017. Asbe has been in the ..
The Union government to bear MDR charges to promote digital transactions
To promote digital transactions, the union cabinet has recently decided to bear the Merchant Discount Rate (MDR) applicable on digital payments via debit cards, etc., up to Rs 2,000. The MDR applicable on transactions made through debit cards, the Unified ..
B Sambamurthy appointed as new interim chairman of National Payments Corporation of India (NPCI)
B Sambamurthy, the former Director and CEO of the Institute for Development and Research in Banking Technology (IDRBT), has been appointed as new interim Chairman of the National Payments Corporation of India (NPCI). He will succeed M Balachandran, who was ..
The Reserve Bank of India (RBI) approves Spice Digital to process bill payments under BBPS
The Spice Digital Limited (SDL) has received the final licence from the Reserve Bank of India (RBI), to process bill payments as a Bharat Bill Payment Operating Unit (BBPOU) in the Bharat Bill Payment System (BBPS). The BBPS is a ..
The National Highways Authority of India (NHAI) launches MyFASTag mobile app for smooth functioning of electronic toll collection
The National Highways Authority of India (NHAI) has launched two mobile Apps namely MyFASTag and FASTag Partner in New Delhi to ensure smooth functioning of the Electronic Toll Collection system. The mobile apps will ease the process and will make ..
Canara bank launched two digital products: Bharat QR and Bharat Bill Payment System (BBPS) for online payments
The Canara Bank has recently launched two digital products: ‘Bharat QR’, a platform for payment settlement at merchant locations, and Bharat Bill Payment System (BBPS) is an integrated bill payment system for Net banking customers. The first service is a ..