Cashless: Latest News and Updates, Top Stories, Videos, Photos About Cashless

UPI Transaction Volume And Value Achieved All-Time High Range

Owing to the union government's step up and campaigns towards digital transactions, and secure and inclusive payment methods, UPI payment growth is gaining momentum in India. Additionally, net banking or internet browser bases transactions are also rallying consistently, in the country. ...

Debit And Credit Card Circulation Jumped Up to 10.78% In India, E-commerce Contributed

A recent report titled 'India Digital Payments Report' by Worldline has mentioned that, as of September, this year, the total number of cards in circulation stood at 985.35 million, which is a significant jump. {photo-feature}...

SBI Reduces IMPS Transaction Charges By 80%

To boost online payments and digital or cashless drive, SBI has yet again reduced its transaction fee on IMPS or immediate payment services platform by as much as 80%. This has come as a huge relief for its customers. The bank ...

Over 8 Lakh People Win Rs 133 Crore For Paying Digitally

Over 8 lakh people have been awarded a total of Rs 133 crore in the last 50 days under the Niti Aayog's scheme to promote digital payments. "It's 50 days of our #DigiDhanMelas and over 8 lakh people have won Rs ...

Above 6 Lakh People Win Rs 97.07 cr Under Digital Payment Scheme

Over 6.26 lakh people have been awarded a total of Rs 97.07 crore in the last 35 days under the Niti Aayog's schemes to promote digital payments. Among those lucky winners 5.55 lakh consumers have won the prize of Rs 1,000 ...

What Is Aadhaar Enabled Payment System? Know The Benefits Offered

Aadhaar Enabled Payment System is a way to get money from the bank account without your signature or debit cards. Through the Aadhaar Enabled Payment System, customers don't even need to visit a bank branch for getting money. Aadhaar Enabled Payment ...

Government To Roll Out Aadhaar Pay For Cashless Transactions

The government will soon roll out Aadhaar Pay service that will enable people to make and receive payments using their Aadhaar number and biometrics. "We are going to start Aadhaar Pay. With this people will not require carrying their phone for ...

Digital India: Rs 1,000 Subsidy To Buy Smartphones

A Rs 1,000 subsidy for the purchase of smartphones by non-tax assesses and small merchants and a cash transaction tax on withdrawals of Rs 50,000 and above in banks has been recommended by a Chief Ministers' panel today to encourage digital ...

Govt Eased Norms For PoS Devices Import Till March 31

The government has eased norms for import of Point of sale (PoS) terminal devices till March 31 to promote digital transactions post demonetisation. PoS devices and sealed secondary cell/batteries containing alkaline or other non-acid electrolytes for use in portable applications have ...

All You Wanted To Know About The Aadhar Payment App

Aadhar Payment App is a new smartphone application being launched by the government to encourage the use of digital payments. Also, this will be the easiest and safest method of the transaction as we don't need to give any credit/debit card ...

Demonetization: Cash Deals Worth Rs 25,000 Crore Move To Digital Mode

Post demonetisation, cash-based transactions worth Rs 25,000 crore have moved to the digital mode, says a survey. The Economic Research Department of State Bank of India carried out the survey from December 30, 2016, to January 3, 2017, so as to ...

No MDR Charge For Small Merchants For One Year: SBI

SBI has waived Merchant Discount Rate (MDR) on debit card transactions for all small merchants with the annual turnover of up to Rs 20 lakh for one year. This, SBI said, has been done with a view to helping small merchants ...

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