Cashless Payments

India’s largest bank: ICICI has just launched a unique mobile app called Eazypay, which can threaten Paytm’s dominance when it comes to merchant-centric cashless solution. Described as India’s first such app, Eazypay allows the…

For small traders and businesses looking for ways to save taxes, this is the golden time indeed. India’s Finance Minister, Arun Jaitley has explained two ways using which small traders can save upto 46% tax. Traditionally, these…

Albeit in a smaller scale, but telecom companies are also doing their bit to promote cashless payments for their services. India’s national telecom carrier, BSNL, has just announced a flat discount of 0.75% for every customer who…

There are several industries such as manufacturing, transportation, health care etc where salaries below Rs 18,000 are still paid by cash. This even includes contractual jobs in Govt. establishments such as Railways, oil fields, minings…

Taking a cue from the ‘cashback’ culture of ecommerce and digital startups, Govt. of India has decided to throw in Rs 340 crore worth of incentives for boosting cashless economy. The modus operandi is quite simple: Whoever transacts…

It’s been more than a month since Prime Minister Narendra Modi announced Demonetization of Rs. 500 and Rs. 1000 notes. During his speech he mentioned that this was done to weed out Black Money and Fake money from the market. It still…

Right after one month of the bold move to demonetize 86% of currency, Indian Govt. has announced a slew of incentives and discounts for encouraging cashless transactions. Finance Minister Arun Jaitley arranged a press conference,…

As per Reserve Bank of India’s 2015 report on digital transactions, it was revealed that a typical debit card transaction in India was valued at Rs 1485, while for a credit card, this amount was Rs 3089. This means that most of the…

American-based InFocus launched a couple of smartphones this year, but couldn’t gain much hold in the Indian industry because of competition from Chinese players. The company is now betting on its iris recognition feature to launch a…

Demonetisation has turned the world upside down. While a mobile wallet company has decided to extend their services to those who don’t use internet; a bank and a taxi-app company will deliver cash to their customers, free of charge.…