Payment systems

Tripura to opt for cashless payment system in public transactions

Created: December 23, 2016

Tripura Government has decided to opt for cashless payment system in public transactions beginning this New Year. To this effect, the government has initiated the process of opening bank accounts including RuPay cards for nearly 20% people who does not ..

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India first nation to subsidize online payments

Created: 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 ..

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‘DigiShala’ – 24-hour TV channel for cashless lessons

Created: December 11, 2016

The ministry of electronics and information technology (MeitY) has launched a new TV channel named ‘DigiShala’ to promote digital transactions. DigiShala is a free-to-air channel to educate people about digital payment and encourage people to adopt digital payments in their ..

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Vittiya Saksharta Abhiyan launched by Central Government

Created: December 2, 2016

India is witnessing a paradigm shift towards a digital economy and a major financial revolution. In pursuit of its efforts to move towards a cashless economy the Government of India has launched “Vittiya Saksharta Abhiyan” to promote active participation of ..

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Akodara: India’s first Digital Village

Created: November 29, 2016

Akodara, a small village in Sabarkantha district of Gujarat has earned the distinction of becoming the country’s first digital village. The village with a small community of 1200 people has gone completely cashless. The village was adopted and developed by ..

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FM asks banks to push for cashless transactions

Created: November 25, 2016

Finance Minister Arun Jaitley has asked banks to push for cashless transactions by promoting digital banking in mission mode. Post demonetisation, the government not only aims to weed out black money but also encourages digital payments to steer the Indian ..

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