digital payments

How government may boost digital payments in Budget 2017-18

First came the announcement of Digital India in 2015. The idea of connecting India from north to south, and east to west through the internet highway was drummed with high decibel publicity.

Jan 17, 2017, 12:51 PM IST

NPCI declares Rs 54.90 cr prize money for NITI Aayog's lucky draw schemes

National Payments Corporation of India (NPCI) on Saturday declared Rs 54.90 crore prize money to over 3.42 lakh winners for NITI Aayog's lucky draw schemes for consumers and merchants. The two schemes are - Lucky Grahak Yojna (LGY) and Digi-Dhan Vyapar Yojna (DVY).

Jan 15, 2017, 00:35 AM IST

Airtel Payments Bank launches nationwide operations

Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.

Jan 12, 2017, 18:30 PM IST

Mobikwik announces zero surcharge for gas, petrol pump payments

This move by MobikWik is sure to benefit consumers and attract them towards the digital payments company.

Jan 10, 2017, 18:36 PM IST

Debit card transactions: SBI waives MDR charges for small merchants for one year

Country's largest lender SBI has waived Merchant Discount Rate (MDR) on debit card transactions for all small merchants with annual turnover of up to Rs 20 lakh for one year.

Jan 09, 2017, 19:46 PM IST

Lucky Grahak Yojana winners to be announced today

The next lot of winners under lucky Grahak Yojana Will be announced in Amritsar on Friday.

Jan 06, 2017, 12:06 PM IST

Need help with digital payments? Dial this toll-free helpline number!

In a move to further encourage digital payments, the government, in collaboration with telecom and IT industry, has launched a toll-free helpline number.

Jan 04, 2017, 19:53 PM IST

Banks begin levying MDR charges on debit card payments

In what could be a blow for digital payments system, some banks in the country have started levying Merchant Discount Rates (MDR) charges on use of debit cards for payments.

Jan 03, 2017, 21:06 PM IST

Paytm gets RBI licence to launch Payments Bank; operations likely from next month

Paytm Payments Bank will be the second one to be set up in the country after Airtel Payments Bank launched its pilot bank in Rajasthan in November 2016.

Jan 03, 2017, 19:41 PM IST

Paytm users can add money using United Payments Interface

Paytm consumers on the UPI platform can now add money to their Paytm Wallets using their UPI ID.

Jan 03, 2017, 11:20 AM IST

BHIM app: Guess which corporate honcho downloaded this e-wallet!

Following the demonetisation move and the government's effort to promote digital payments, there is no denying that even corporate honchos in India must be using e-wallets or cards to make payments.

Jan 02, 2017, 19:55 PM IST

BHIM app becomes number one on Google Play Store chart in just 3 days of launch

PM Modi was bang on target when he said, while launching BHIM app, that the world will Google for it". The app is no doubt popular, and has broken record of sorts. It overtaken some popular apps like WhatsApp, MyJio, Messenger and Facebook among others in downloads on Google Play Store.

Jan 02, 2017, 11:23 AM IST

Know how to download BHIM app on your smartphone – Get link here

The app, which can be downloaded from Google Playstore, is currently available in Hindi and English, and support for more languages is expected soon.

Dec 31, 2016, 10:06 AM IST

PM Narendra Modi launches mobile app 'Bhim' to make digital payments easier

PM Narendra Modi on Friday launched a mobile app to make digital payments easier at the Digi-Dhan Mela at the Talkatora Stadium.

Dec 30, 2016, 15:56 PM IST

Now people can do banking with thumb using BHIM app, says PM Modi at Digi Dhan Mela

Prime Minister Modi is soon going to announce lucky draws for boosting cashless transactions.

Dec 30, 2016, 15:47 PM IST

PM Modi to attend DigiDhan Mela in Delhi today, to launch new app making cashless payments easier

The government is on full drive making all out efforts in bringing down digital divide among common citizens, and PM Modi is at the forefront of it.

Dec 30, 2016, 13:52 PM IST

Now, pay your utility and convenience bills with MobiKwik

Users of the mobile wallet MobiKwik will now be able to pay their utility and convenience bills across the country using the wallet.

Dec 28, 2016, 18:38 PM IST

Digital India? 950 million Indians do not have Internet, says study

In what could come as a big surprise despite the government's 'Digital India' initiative and the recent pust for digital payment following the demonetisation move, a new study has found that 950 million Indians do not have the Internet.

Dec 26, 2016, 21:10 PM IST

Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana: All you need to know

Prime Minister Narendra Modi made the most of Christmas festivity and announced huge rewards for the people of India in the form of two award schemes—Lucky Grahak Yojana and Digi Dhan Vyapaar Yojana. The PM on Saturday launched these two schemes to encourage digital payments.

Dec 26, 2016, 02:40 AM IST