Cashless Payments

The best way to set an example is by following it, and showing the world what it takes to implement an idea. In one of the most strongest push for a cashless economy, Finance Ministry has ordered that all Govt. Departments will use…

By January, 2017, India will witness a massive financial collaboration never seen before. Three of the largest payment processing and payment card companies: Visa, MasterCard and RuPay will join their forces, and provide a unified…

Government of India will soon unleash a major drive to encourage, educate and promote Aadhaar based digital transactions, which are cashless and pinless. Using bio-metric technology and IRIS scans, people would soon be able to send…

Demonetization is taking a toll on the common man, and the worst affected is the labour class. However, for those that are able to afford digital wallets and cards are being favoured and encouraged to use these tools in transactions.…

Paytm has just created millions of Point of Sales (PoS) across the nation, with one strategic move. Now, anyone with a merchant account with Paytm can receive payments via debit card/ credit card, which means that digital payments have…

Assocham along with research firm RNCOS has come out with an interesting study on the mobile wallet market in India. As per their research, there is immense potential in the growth of the market, as it can reach Rs 30,000 crore between…

Online payments in India is growing at a very fast pace. Every day new Internet users are opting for e-commerce, choosing to pay their bills online, book cabs using apps and more. The trend of digital payments is catching on with the…

The massive push for cashless economy by the Indian Govt. is enabling an early Christmas for most of the e-wallets in the country. Buoyed by the ban on Rs 500, Rs 1000 currency notes in India, more people are now downloading e-wallets…

Lack of cash due to currency ban is hitting the common man hard; we can already see long queues outside bank branches, fighting breaking out among cash-strapped citizens, who are waiting for hours to get Rs 100 notes for their day to…

Indian Railways can soon launch a massive paperless, cashless initiative of their own, wherein passengers can book unreserved train tickets directly from e-wallets such as Paytm, Airtel Money, Jio Money, Freecharge and other e-wallets.…