Digital India

RBI Allows Recurring Card Payments Upto Rs 2000 Without PIN The Reserve Bank of India has given the go ahead for the e-mandate system on debit, credit or other prepaid cards for recurring payments,and this is official from September 1,…

100,000 Digital Villages Will Be Created in India If we make a list of all the plans and projects that are being implemented to make India a better nation, making India go digital will probably top the list. To boost the…

Aadhaar can be made compulsory for all high-value cash transactions? On July 5th, the new Govt will introduce their first budget, and days before that, reports are coming in regarding some big bang changes in the overall financial…

RBI Committee Gives Suggestions For Increase in Digital Payment RBI formed a panel whose profile was to suggest changes in the system that will help enhance the overall situation of digital transactions in India. This panel, headed by…

Card payments coming soon on Google Pay Digital Payments in India have witnessed a tremendous change since the government announced the surprise demonetization in 2016. With more and more companies joining the list of digital payment…

QR Codes will made mandatory for all businesses? Govt. of India wants a hardcore ‘behavioral change’ for all Indians when it comes to digital transactions. And for that, very soon, QR Code enabled UPI payments can be made compulsory for…

UPI is no longer free for users The Unified Payments Interface, which made transactions and transfers of money so much easier for us, will now come at a cost. Soon, P2P and UPI funds transfers will be chargeable by some banks and it…

In November 2016, the ripples of India’s demonetization drive were felt throughout the country. Sample this, in December 2016 – the month after the demonetization move, Eko’s transactional throughput stood at a meager INR 250 crore. This…

India has been advancing at rapid speed, especially in science and technology. And another feather has been added to the crown with the recent inauguration of the Supercomputer, ‘Param Shivay.’ The supercomputer was inaugurated by the Prime…

In a bizarre case of robbery, a man from Noida, UP was robbed of Rs 6.8 lakh, even though he didn’t have a smartphone. Without any OTP or UPI app, how can robbers conduct this fraud? Was it SIM-swapping at work here?