NITI Aayog announces the launch of the schemes Lucky Grahak Yojana and the Digi-धन Vyapar Yojana Press conference on Digital Payments: CEO, Niti Aayog, Shri Amitabh Kant NITI Aayog announces the launch of the schemes Lucky Grahak Yojana and the Digi-धन Vyapar Yojana to give cash awards to consumers and merchants who utilize digital payment… Read More »
NITI Aayog announces launch of the schemes – Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana – for incentivising digital payment Government of India has initiated numerous steps to combat the scourge of Corruption and Black Money in the last two and a half years. The Union cabinet had approved a slew of initiatives in February… Read More »
Secure Banking
Airtel Payments Bank Announces Initiatives to Drive Adoption of Digital Payments To contribute to Government’s Digital India vision and the country’s transition to a cashless economy • Will educate customers on benefits of digital payments, in particular USSD based transactions using feature phones. Encourage and incentivise Airtel’s 260 million plus customers to open savings accounts… Read More »
Digital mode of payment while making financial transantions-past assessments Circular No 202/12/2016-ST Date 09-11-2016 F.No. 354/149/2016-TRU Download Circular
SBI No Queue App : Download Now with the new SBI No Queue App of State Bank of India you can generate an E-Token for your request. This will help you save the time you spend waiting in the queue at the branches. In this video we will show the process of Downloading the application… Read More »
Digital Payment Incentive Scheme
TOP CASHLESS COUNTRIES COUNTRIES CASHLESS TRANSACTIONS 1-Singapore 61% 2-Netherlands 60% 3-France 59% 4-Sweden 59% 5-Canada 57% 6-Belgium 56% 7-United Kingdom 52% 8-USA 45% 9-Australia 35% 10-Germany 33% 11-South Korea 29% 12-Spain 16% 13-Brazil 15% 14-Japan 14% 15-China 10% India 2% Source: Mastercard Advisor’s Measuring progress toward a cashless society
In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one million new PoS terminals by 31st March 2017;. 2,73,919 camps organized to open banks accounts for unorganized labour in which 24.54 lakh accounts opened. As part of the plan to expand the digital payments eco-system… Read More »
RuPay Introduction RuPay is a brand of NPCI under which it operates the card scheme. The National Payments Corporation of India (NPCI) is a pioneer organization in the field of retail payments in India. It is a body promoted by RBI and has presently ten core promoter banks (State Bank of India, Punjab National Bank,… Read More »