While the acceptance of cards, mobile wallets and banking apps is increasing, only 10 per cent of transactions take place through them, says Priya Nair. Image only published for representative......
Customers do not need to know the payee’s IFSC code, bank account details, etc, for transfer of up to Rs 100,000 per transaction. The National Payments Corporation of India on Monday unveiled......
To reduce cash transactions, the government is also considering mandating payments beyond a prescribed threshold only in card/digital mode. Buying petrol, booking train tickets online and......
Soon, one will be able to pay electricity bills at the local supermarket, while buying groceries, with the Reserve Bank of India (RBI) allowing the setting up of payment banks. By RBI......
Sixty-year-old Arun Awasthi is averse to using debit cards for online transactions and is even more averse to credit cards. However, he is also wary of using cash for every transaction. "Exactly......