Cashless Payments News

Technology

The top five trends in India’s digital payment landscape

Consumers are rapidly switching to non-cash payment methods that provide simple and convenient ways to transfer money across bank accounts

4 min read1 Oct 2018
Politics

Andhra launches e-Rythu to boost cashless farm ecosystem

e-Rythu, developed by Mastercard, aims to digitize agriculture marketplaces and provide farmers an easy to buy, sell and receive payments for agricultural products via their feature phones

2 min read12 Sep 2018
Market

By 2025, digital transactions in India could be worth $1 trillion annually: Report

Digital transactions in India could be worth $1 trillion annually by 2025, with four out of every five transactions being made digitally, ACI Worldwide said in a white paper

1 min read13 Mar 2018
Politics

Centre, states hold discussions to develop framework for encouraging digital use in various sectors

Digitizing land transactions, maximizing the use of digital locker, electronics-based primary healthcare, use of precision technology to double farm income and easy access to Internet were some of the key issues discussed at the meeting

1 min read13 Feb 2018
Industry

Card transactions soar 84% in September 2017 to Rs74,090 crore: Report

The debit and credit card transactions have jumped to Rs74,090 crore in September this year, says a study

1 min read19 Nov 2017
Industry

Digital transactions touch 965 million in October

The number of digital transactions rose around 10% to 965 million in October from 877 million in September, according to RBI data

3 min read9 Nov 2017
Industry

Four-wheelers sold from December must be fitted with FASTag: Centre

FASTag's will help reduce congestion at toll plazas, and petrol consumption by idling vehicles, and speed up traffic

2 min read3 Nov 2017
Industry

Govt extends BHIM cash back scheme for merchants till March

The BHIM cash back scheme for merchants will be operational till 31 March 2018, says a note by ministry of electronics and information technology

1 min read20 Aug 2017
Opinion

China’s cashless revolution is likely to spread

Around the developing world, QR codes are beating out Apple Pay and other brand-name payment services for consumers and businesses keen to go cashless

3 min read19 Jul 2017
Industry

Discounts at petrol pumps costing OMCs Rs1,500 crore every quarter

Indian Oil, Bharat Petroleum and HP are losing Rs1,500 crore every quarter due to discounts to customers purchasing fuel using cards, mobile wallets

2 min read12 Jun 2017
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