Digital Payment | The Asian Age

Tuesday, May 07, 2024 | Last Update : 04:58 AM IST

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Surakhpur village is Delhi's 1st fully digital village

All 113 households in the village have at least one Aadhaar seeded bank account linked with mobile phones.

08 Feb 2017 8:31 AM

Jaitley proposed to exempt BCD (basic custom duties), excise duties, CVD (countervailing duties), SAD (special additional duty) on miniaturised card readers

Budget 2017: Govt removes all taxes on PoS machines to push e-payments

Jaitley exempted components from taxes to encourage domestic manufacturing of these devices.

01 Feb 2017 1:40 PM

15-20 pc consumption expenditure will become digital in 1 year: Nilekani

Nilekani said banks will also witnessed changes from point of view of the transactions fee.

20 Jan 2017 10:41 AM

Sebi cuts broker fees by 25 pc to Rs 15 per transaction

Sebi will levy a filing fees on draft scheme of arrangements on lines of amount charged for placing offer documents.

14 Jan 2017 6:11 PM

Taku said the company is aiming for a GMV (value of goods sold) of Rs 600 crore this year from the oil and gas sector.

Mobikwik offers zero surcharge for gas, petrol pump payments

The adoption of digital payments is observing record growth post demonetisation and even though the cash situation is stabilising.

10 Jan 2017 6:35 PM

To aid a smooth transition process, Coca-Cola and SBI will provide training to the retailers on new and evolving digital business transaction solutions.

SBI partners Coca-Cola to promote digital payment

The digital payment solutions in business transactions will help further strengthen our retail chain.

05 Jan 2017 9:29 AM

The families are now directly depositing money by swapping their cards at POS machines installed at Central public relations office located at all 12 jails.

Tihar Jail goes digital with 90 per cent cashless transactions

Families of prisoners who are not in Delhi can directly wire the money to the individual accounts.

05 Jan 2017 5:04 AM

The railways has instructed Yatri Ticket Suvidha Kendras to install PoS machines and accept payments made through debit and credit cards

Railways offers discount on ticket booking if payment made digitally

Railways decided 0.5 per cent discount on base fare of season tickets if the payment is made through digital means like debit, credit cards.

30 Dec 2016 8:03 PM

The value of these transactions during the same time period jumped 647 per cent, from Rs 1.93 crore a day to Rs 14 crore daily.

Notes ban: Digital payment channels see huge traction

Cheque-based transactions were up 67 per cent to 51 lakh, with Rs 27,032 crore worth of transactions on December 23, 2016.

30 Dec 2016 4:27 PM

Government's surprise move to demonetise high denomination notes last month made a huge dent in retailers' earnings, with sales falling by up to 70 per cent in early days. (Representational image)

Retailers take on online biggies, eye consolidation in 2017

Demonetisation has opened up a host of opportunities for innovative partnerships between digital wallets and retailers.

29 Dec 2016 1:15 PM

The app is available on smartphones with Android operating systems now and will shortly be available on the iOS operating system as well.

ICICI launches Eazypay mobile app for merchants

Any current account holder of ICICI Bank can instantly download the Eazypay app and start using it.

27 Dec 2016 4:13 PM

After doctors arrest, IMA pushes for e-payments

IMA, in an advisory to the doctors, has stated that they must keep a margin of 30 per cent for taxes inbuilt in the consultation fee.

26 Dec 2016 3:32 AM

Mobikwik was among the first companies to launch a mobile wallet in the country in 2009.

MobiKwik, Amul ties up for cashless transactions

Amul has over 7,000 outlets and retails at over three lakh Multi brand outlets, presently.

21 Dec 2016 3:21 PM

Amounts exceeding Rs 5,000 will not be accepted in cash at hospitals and all medical stores, which, too, have to keep swipe machines.

Central Health Ministry: Medical practitioners to go digital

The Union health ministry has issued an advisory to MMC regarding this matter.

19 Dec 2016 5:05 AM

However, by the Opposition’s estimate, another seven months will be required for the demonetisation exercise to be over.

Wrap-up: Not laughing all the way to the bank

Even after a month, withdrawing money remains a task.

18 Dec 2016 3:37 AM

People stand in a long queue to withdraw money from an ATM in Gurugram. (Photo: PTI)

Mission impossible?

A cashless India is an impractical idea in the near future.

15 Dec 2016 6:39 AM

Company is aiming to cover over five lakh vehicles per day by end of the financial year.

Paytm partners with NHAI for digital payments at toll plazas

Now users can pay toll tax with Paytm using code-based cashless payments across 6000+ lanes across the country.

14 Dec 2016 4:26 PM

Qualcomm leads mobile chipset market globally with 37 per cent share.

Qualcomm says mobile banking apps not secured

Chipset maker said that applications in India are not using hardware level security.

14 Dec 2016 9:15 AM

Railway ticket windows say no to card payments

There are over 20 railway reservation offices across the city with little or no arrangement for digital payment.

13 Dec 2016 2:29 AM

More such incentive announcements should be implemented in other payments such as electricity or mobile bills, long distance railway tickets, etc. (Representational Image)

Digital payment firms happy with Centre’s push

Naveen Surya, MD, ItzCash told that this Move will bring in more and more participation from under and unbanked population.

12 Dec 2016 7:05 AM

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Aakar Patel