Cashless Payment

Friday, Apr 26, 2024 | Last Update : 10:13 PM IST

A FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it and is affixed on the windscreen of the vehicle and enables the commuter to drive through toll plazas, without stopping for cash transactions. (Representative Image | Wikimedia Commons - Patrick Roque)

Go cashless on the highway with FASTag if you want discounts on toll rates

The Ministry of Road Transport and Highways is trying to get more people to adopt digital payments, instead of cash.

26 Aug 2020 8:45 PM

It means users can pay directly from their bank accounts online for any purchase that they make.

Xiaomi announces Google Tez-powered payment option

The new payment option powered by Tez allows users to opt for a cashless transaction option on Mi.com and the Mi Store app.

20 Dec 2017 1:44 PM

Built on the Indian government-supported Unified Payments Interface (UPI), Tez allows users, free of charge, to make small or big payments straight from their bank accounts.

Google's UPI-based payment app launched in India

The app is available now for download on Google Play (Android) and the App Store (iOS).

18 Sep 2017 2:51 PM

Facebook owned WhatsApp is already tipped to be working on the new payment method and join country’s budding digital payment market. The popular messaging platform is said to be in talks with the NPCI and a few banks to facilitate financial transactions via UPI.

Google soon to introduce digital payment app 'Tez' in India

Messaging platforms such as WeChat and Hike messenger already started supporting the UPI-based payment methods.

14 Sep 2017 3:39 PM

As the penetration of mobile Internet and smartphones aggregate, mobile wallets, with their ease of use and convenience, are expected to continue growing in popularity, the report said.

Mobile wallet transactions to touch Rs 32 trillion by 2022

Value of the transactions is also expected to reach Rs 32 trillion by 2021, growing at a rate of 126 per cent.

25 Aug 2017 7:05 PM

Real estate on Truecaller has appreciated to the extent that over 70 per cent of existing advertisers have decided to continue to invest in Truecaller’s mobile advertising inventory.

Truecaller reaches a new milestone

The daily impression rate on Truecaller’s in-app advertising platform has grown by over 300 per cent in the past year.

23 Aug 2017 4:19 PM

The receiver of the request can just click the notification and make payments after entering their registered MPIN in the app when prompted.

Truecaller adds ‘request money’ feature to Truecaller Pay

The new feature allows users can send a direct payment request to a fellow Truecaller user, via Android notifications.

14 Aug 2017 5:03 PM

By the end of 2017, MobiKwik aims to increase its user base to 150 million and serve over 5 million merchants.

MobiKwik will not levy 2 per cent on credit card recharges

MobiKwik has announced that it will continue to offer free uploading of money into their wallet for all users, including credit card users.

10 Mar 2017 2:01 PM

File photo of the Delhi Metro. (Photo: PTI/File)

Delhi: From Jan 1, 10 metro stations to go cashless

For the transition to be smooth, at least one counter will accept cash in the initial period.

24 Dec 2016 10:23 AM

Haryana Chief Minister Manohar Lal Khattar making online payment through his mobile phone after taking tea at a shop near bus stand in Karnal. (Photo: PTI)

Haryana CM promotes digital transactions, uses e-wallet to pay for tea

The Chief Minister was in his constituency to attended various programmes and later went to a shop near the Karnal bus stand to order tea.

15 Dec 2016 3:42 PM

1 of 1

Columns

Sunil Gatade