Digital Payments
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Samsung looks to cash in on India’s digital wave with wallet app
Feb 06, 2017, 11:40 AM ISTSouth Korean tech giant Samsung is planning to launch its mobile payment wallet in India in the first half of 2017, media reports said.
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India wouldn’t stop its manoeuvre towards digitalisation: PM Modi
National | Jan 28, 2017, 03:46 PM ISTPrime Minister Narendra Modi today said that India would continue moving towards digital transactions to make the country a less cash society -- an initiative following the ban of old Rs 500 and 1,000 currency
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Govt's rural push for cashless economy through ‘Aadhaar Pay’
Jan 23, 2017, 12:10 PM ISTIn an attempt to encourage poor and illiterate people in rural areas to make digital payments, the government is promoting Aadhaar Pay which ensures financial transactions by just using fingerprint.
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Over Rs 60 cr distributed under NITI Aayog's digital payments promotion ‘lucky draw’ schemes
Jan 18, 2017, 06:10 PM ISTOver Rs 60 crore worth of prize money has been distributed to over four lakh winners of NITI Aayog's Lucky Draw Schemes for consumers and merchants to promote digital transactions.
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Now, recharge your Paytm wallet via UPI. Here’s how
Jan 03, 2017, 06:12 PM ISTIn the latest in its bid to consolidate its position and retain its usage as the government pushes its citizens for a less-cash economy, digital payments platform Paytm has now made it easier and more
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Over 1 crore rural citizens enrolled for digital payments through DigiDhan Abhiyan
Dec 28, 2016, 05:36 PM ISTIn a big push to its digital economy drive, the government has enrolled over 1 crore rural citizens for digital methods of payment through its outreach campaign 'DigiDhan Abhiyan', an official statement said today. The
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It means less cash, not no cash: Jaitley explains PM’s 'cashless' bid
Dec 25, 2016, 09:29 PM ISTCornering all criticism for turning India into a ‘cashless economy’, Union Finance Minister Arun Jaitley today explained that the term means use of less cash and not no cash. "Our bid to go cashless means
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Go cashless, win prizes as PM Modi launches lucky draw schemes to boost digital payments
Dec 25, 2016, 02:46 PM ISTIn a move to push citizens towards less-cash and digital economy, Prime Minister Narendra Modi on Sunday announced lucky draw schemes, ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’, for people who use digital payment methods
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Banks to cut charges on digital payments above Rs 1,000, says govt
Dec 21, 2016, 04:01 PM ISTAs part of its ongoing efforts to promote digital transactions in the country, the government on Wednesday asked all public sector banks to bring down the charges for different types of electronic payments up to
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Opting for digital transactions will give 30 pc tax advantage to small traders: Arun Jailtey
Dec 20, 2016, 05:42 PM ISTFinance Minister Arun Jaitley today said the government's decision to tweak the presumptive income norms would reduce the tax liability by up to 30 per cent for those small traders opting for digital transactions. He
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India’s digital payment start-ups not equipped to tackle high security risks: FireEye
Dec 19, 2016, 06:17 PM ISTIndia may have begun taking steps to become a cashless economy, but most of its new mobile wallet companies are not aware of the cyber risks involved in the process, a top executive from US-based
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Digital payments to get cheaper than cash transactions from 2017: NITI Ayog
Dec 19, 2016, 11:57 AM ISTIn a move to encourage citizens to adopt cashless payments and a digital economy, the central government is planning to make it cheaper for people to transact digitally through taxation measures, Niti Ayog’s chief executive officer Amitabh Kant said.