digital payments

There has been a growing demand from business community and consumers to bring down the additional expenses related to cashless transactions. Right now, there is an additional surcharge, called MDR or Merchant Discount Rate of 0.75% if…

BHIM App, which was launched on December 30th by PM Modi is making slow but steady progress. In Lok Sabha, Minister of State for Planning Rao Inderjit Singh informed the nation that Rs 361 crore worth of transactions have been…

Government of India’s initiatives to teach, encourage and inspire rural population about cashless economy is bringing in massive results. As per latest data shared by Electronics and IT Ministry, it was revealed that e-Wallets are…

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,…

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…

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.…

After effects of currency ban is slowly coming into force. While SBI has claimed 100% increase in digital payments, India’s largest ecommerce portal, IRCTC.co.in will not charge any online booking fee till December 31. Online Booking…

Capgemini, a global leader in consulting, technology and outsourcing, in association with it’s banking partner BNP Paribas published it’s 12th edition of “WORLD PAYMENTS REPORT”. The report brings out some very interesting findings…

Imagine you have ordered a product online, and opted for cash on delivery service. The courier guy arrives with the package, and after you have checked the product, you fire your new UPI (Unified Payment Interface) app, insert the…

In yet another boost to the practice of cashless payments across the country, Government of India has decided to absorb every type of transaction fee incurred while making an online payment to the Govt. This decision will greatly…