UPI Sets A New Record Of 1 Crore Transactions In A Day; Can It Beat Debit/Credit Card In Future?
NPCI_BHIM, the official Twitter handle of NPCI informed the nation that on Wednesday, total of 1 crore transactions were processed by them.
Browsing Tag
debit card
Paytm Becomes India’s Largest UPI Transactions Platform!
Digital payment transactions are estimated to be worth Rs 12,568 crore in the country at the moment, and Paytm has been a major contributor. The recent integration of UPI into Paytm Wallet has worked wonders for both UPI and Paytm. Paytm…
Digital Transactions Cross $2 Trillion Mark; Wallets Beat UPI In Growth, Debit Card Still #1 Option!
Reserve Bank of India has released the data for digital transactions for January 2018 and going by the looks of it, it seems that Digital India is on to a solid start this year. Both in terms of volume and value, digital transactions (which…
Indian Rail Debit Cards launching Soon; IRCTC Offers Incentives For Aadhaar Linking!
Indian Railways has decided to go full throttle for a cashless economy by launching its own branded debit cards which will have some special features for booking train tickets. Indian Railways has decided to subtly push for Aadhaar linking…
Debit Card Transaction Fees For Small Businesses Capped At Rs. 200; MDR Lowered!
RBI has taken steps to cap the MDR at Rs 200 for small businesses and Rs 1000 for bigger businesses for accepting payment via debit card.
All New Debit/Credit Cards Must Be EMV & Pin Based From Sept 1, 2015 – RBI
Reserve Bank of India (RBI) has issued fresh notification, which mandates and instructs all banks to issue only EMV and Pin based debit and credit cards for their customers. The deadline for the implementation of this directive is…
This Is Big! HDFC Enables Debit Card Payments On Google Play, Amazon.com & Other International…
I got an SMS alert today from HDFC Bank that really surprised me. The SMS alert mentioned…
“Now you can shop at your favourite international sites such as Google Play, Amazon.com & more with HDFC Bank Debit Card ending XXXX.”
Here…
Rs 1.2 Lakh Crore Worth Digital Payments Will Be Made By Indians in 2014: IAMAI
In a recent study conducted by Internet and Mobile Association of India (IAMAI); National Payments Council of India (NPCI); IMRB, it has been found that Indians will spend Rs 1.2 Lakh crore worth of Digital money by the end of 2014.
Last…
OnDot’s Card Control App Helps Manage Every Aspect Of Your Credit / Debit Card From A…
OnDot Systems is an one-of-a-kind service for credit card users and providers which lets you stay in complete control of your card with your smartphone.
The startup has showcased its app CardControl which allows credit card users to…
Bank of India Introduces Cash Withdrawal Facility Without Bank Account
For the first time in India, a facility has been provided for those without any bank account to withdraw cash from ATMs.
Bank of India launched this service termed as “Instant Money Transfer” wherein any person without any bank account…
