DigiShala : Govt launches new channel to promote digital payments In an attempt to promote digital payments in the country, Ministry of Electronics and IT has introduced ‘Digi Dhan Abhiyan’ campaign to enable every citizen, small trader and merchant to adopt digital payments in their everyday financial transactions.DigiShala will impart information and education, especially in… Read More »
डिजिटल लेनदेन को बढ़ावा देने के उद्देश्य से सरकार ने शुरू किया डिजिशाला टीवी चैनल
दिल्ली की लॉ फर्म के दफ़्तर से 10 करोड़ का काला धन बरामद
Press Information Bureau Government of India NITI Aayog 10-December-2016 18:18 IST Incentivizing Digital Payments Government of India has initiated numerous steps to combat the scourge of Corruption and Black Money in the last two and a half years. Demonetization of 500 and 1000 Rs. notes is an important milestone in this endeavour. These large denomination… Read More »
Government withdraws exemptions given for the use of Rs.500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets; For making payments to catering services on board, during travel by rail; and For making payments… Read More »
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 »
UPI -Unified Payment Interface How is UPI different from IMPS? UPI (Unified Payment Interface) is providing additional benefits to IMPS (Immediate Payment Service ) in the following ways: Provides for a P2P Pull functionality Simplifies Merchant Payments Single APP for money transfer Single click two factor authentication. [Read How to do Cashless Transactions -UPI SBI… Read More »
Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments. In order to attain the goal of complete digitization of Government payments, the Ministry of Finance, Government of India has again reviewed the existing limit of… Read More »
Benefits of Debit Card Activation – FAQs Here are given some of the major benefits of Debit Card activation in the form of Frequently Asked Questions (FAQs) and their Answer format: QUESTION 1: Why it is important to have active debit cards? ANSWER: Debit Card makes your payments much more convenient and secure through an … Read More »
Best practices for online Banking Users For Users 1. Protect your PC: Install antivirus software and keep it updated on a regular basis to guard against new viruses Install antispyware security software against those programs that monitor, record and extract the personal information you type in your PC (passwords, card numbers, ID numbers, etc.) Install personal firewalls to protect your PC against unauthorized access by hackers Keep your operating system and internet browser up to date, checking for and downloading new versions/security enhancements from the vendor’s web site 2. Protect your personal information: Create hardtoguess security access codes (User ID & password) for Online Banking and make them unique (e.g. they should not be the same as those you use to access your email account) Change your security access codes periodically Memorize your security access codes, avoid writing them down and keep them strictly personal and confidential Do not disclose to ANYONE your security access codes: Bank will never initiate or contact you for your ebanking or ATM PINs, card or account numbers, personal identification information, neither over the phone nor in any electronic or written message Never leave your PC unattended when logged into Online Banking Always remember to log off from your online session using the “Logoff” button when finished using the ebanking services 3. Use the Internet cautiously: Always access Online Banking internet only by typing the URL in the address bar of your browser. Never attempt to access Online Banking internet through an external link of unknown or suspicious origin appearing on other websites, search engines or emails Before logging in, check for the Bank’s Security Certificate details and the various signs (e.g. green address line and Lock, HTTPs) that confirm you are visiting the secure pages of Bank. Ignore and delete immediately suspicious fraudulent (phishing, spoof, hoax) emails that appear to be from Bank, asking you to urgently click a link to a fraudulent (spoof) website that tries to mimic the Bank’s site and to lure you into giving out your sensitive personal information (PIN, account or card numbers, personal identification information et al.) Never click on a link contained in suspicious emails Avoid using Online Banking from public shared PCs (as in internet cafes, libraries, etc.) to avoid the risk of having your sensitive private information copied and abused 4. Stay alert: Signon to Online Banking regularly and review your account transactions, checking for any fraudulent activity on your account (e.g. transactions you do not recognize) Keep track of your last logon date and time, displayed at the top left side of the Online Banking Home page Once logged into Online Banking, you can also monitor the actions performed online 5. Prompt reporting of suspicious activity:… Read More »