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  Ahmedabad says no to cash on delivery to stop spread of COVID-19

  India | May 11, 2020 15:57 IST

  Ahmedabad Municipal Corporation has made it mandatory to accept digital mode of payments through Unified Payment Interface (UPI) and other platforms. Following this new order, Cash on Delivery (COD) will not be permissible from May 15 making it mandatory for home delivery payments to be cashless.

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  Digital payments surge during lockdown to benefit telcos

  Technology | May 05, 2020 10:58 IST

  An increase in digital payments in India during the Coronavirus lockdown will benefit 4G/mobile penetration

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  Paytm leads digital payments growth as India avoids touching cash

  Business | March 17, 2020 17:15 IST

  Fintech major Paytm on Tuesday said it has witnessed a massive surge in digital payments as more people work from home, avoid venturing out and touching cash to stop the spread of coronavirus.

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  Yes Bank crisis: What its customers should know

  Business | March 07, 2020 10:19 IST

  Cash-strapped Yes Bank has been put under moratorium by the Reserve Bank of India (RBI) and capped withdrawal limit for depositors to Rs 50,000 for at least a month, here's what a cash-strapped bank's customer must know.

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  With over 100 mn users, UPI completes 1 bn transactions in Oct

  Business | October 28, 2019 11:22 IST

  The UPI platform was launched before demonetisation in 2016 and has taken digital payment to a new height. Users across the globe can transfer money online without entering their bank account number.

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  RBI asks bankers to expand digital payments ecosystem

  Business | October 07, 2019 19:10 IST

  The Reserve Bank of India on Monday directed all state-level bankers' committees to find out one district each on a pilot basis to expand digital payments ecosystem.

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  Ministerial panel favours deferment of sops for digital payments under GST

  India | July 09, 2018 7:10 IST

  At its meeting on Sunday, the panel has decided to wait for stabilisation of revenues under GST and the new return filing systems in the current financial year, before considering differential GST rates for people making payments using the digital mode.  

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  Not yet ready with digital payments on Messenger in India: Facebook

  Technology | April 19, 2018 14:58 IST

  Facebook has no plans as of now to bring digital payment facility to its Messenger application in India, informed sources said on Thursday.  

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  Now, pay utility bills through Samsung Pay

  Technology | December 21, 2017 16:29 IST

  Users can pay their mobile, landline telephone, electricity, gas, water and DTH bills using the feature which is facilitated by the National Payments Corporation of India's (NPCI) Bharat Bill Payments System (BBPS).

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  After noteban, cheque books could be next on Modi's agenda in push for less-cash economy

  Business | November 21, 2017 18:33 IST

  The government could withdraw the cheque book facility to push debit and credit card transactions, a senior trade body official said.

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  Indian consumers keen to adopt new forms of digital payment: Visa

  Business | November 14, 2017 16:11 IST

  Global payment solutions company Visa today said there is a high inclination among Indian consumers to embrace new forms of payments, according to a study.

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  In boost to digital payments, RBI to soon allow fund transfer from one mobile wallet to another

  Technology | October 05, 2017 10:41 IST

  Mobile wallet interoperability will allow a Paytm user to transfer and receive funds from a FreeCharge or MobiKwik user.

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  50% of train tickets purchased in cash in India: Study

  India | September 19, 2017 19:14 IST

  Even though 65 % of rail passengers prefer digital payments while buying a ticket, 50 % of the train tickets are still bought in cash.

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  Airtel Payments Bank launches UPI enabled digital payments

  September 17, 2017 14:32 IST

  Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform

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  'India among top nations with potential for digital payments'

  July 28, 2017 17:59 IST

  India has been categorised under the "break out" segment among 60 countries that have relatively lower absolute levels of digital advancement, yet remain poised for growth

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  584 pc jump in digital transactions since demonetisation

  March 31, 2017 8:31 IST

  There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday.

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  Paytm launches insurance cover for wallet balance, now get refund in case of device theft or misuse

  March 21, 2017 12:06 IST

  Money lost due to fraudulent transactions as a result of theft, burglary, loss of device or unauthorized access of user’s Paytm wallet will now be refunded

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  WhatsApp may enter digital commerce segment: Brian Acton

  February 25, 2017 11:22 IST

  Brian Acton, co-founder of popular messaging app WhatsApp, on Friday called on IT Minister Ravi Shankar Prasad to discuss ways in which the company can contribute to India's vision for digital commerce.

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  Over 8 lakh people win Rs 133 cr under Niti Aayog’s digital payment scheme

  February 12, 2017 20:35 IST

  In a scheme under Niti Aayog to promote digital payments, more than 8 lakh people have been awarded a total of Rs 133 crore in the last one and a half months. The prizes were

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  Samsung looks to cash in on India’s digital wave with wallet app

  February 06, 2017 11:40 IST

  South Korean tech giant Samsung is planning to launch its mobile payment wallet in India in the first half of 2017, media reports said.