Digital Transaction | The Asian Age

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BHIM stands for Bharat Interface for Money.

BHIM-Aadhaar pay: Digital transaction without smartphone

Modi on Ambedkar Jayanti launched a new BHIM-Aadhaar interface for promoting cashless economy.

15 Apr 2017 11:58 AM

Shradha Mengshette receives Rs 1 crore reward from PM Narendra Modi. (Photo: Niti Aayog)

Latur girl wins Rs 1 cr under Modi's digital India push

Shradha Mengshette got reward for making digital transaction of Rs 1,590 through her RuPay card.

15 Apr 2017 10:55 AM

A WhatsApp move into digital payments in India, its biggest market that is home to 200 million of its billion plus global users

WhatsApp mulls foray into digital payments with India launch

WhatsApp is working to launch person-to-person payments in India in the next six months

04 Apr 2017 2:35 PM

SBI Chairperson Arundhati Bhattacharya. (Photo: Twitter)

SBI justifies minimum balance plan, says charges levied to bear Jan Dhan costs

Speaking on issue of loans, the SBI Chairperson claimed that lack of credibility is making vendors process loans unofficially.

09 Mar 2017 7:58 AM

If the figure reaches 22 per cent, it will help cut down black money from the economy

BHIM app users have spent Rs 361 cr so far: Govt

BHIM app has brought various banks under one umbrella, making it conventient for the users.

08 Feb 2017 2:18 PM

RBI has issued guidelines to prevent PoS fraud and directed the banks to add more security features in credit and debit cards to stop frauds.

Bitcoins won’t be promoted

The finance ministry also said that the demand of swipe machines in the country has increased after November 8, 2016.

06 Feb 2017 12:54 AM

Finance Minister Arun Jaitley arrives in Parliament to present the Union budget for 2017-18.

Budget 2017: Digi-pay to weed out corruption, new schemes on anvil

The FM also said that the BHIM app will unleash the power of mobile phones for making digital payments and financial inclusion.

01 Feb 2017 2:34 PM

The committee considered creation of a new payments regulator, or making the current Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) within RBI more independent.

Govt considering regulator for electronic payments

The Watal Committee in its report weighed two options on how best regulation of electronic payments can be made independent.

23 Jan 2017 2:12 PM

Note ban helped digital payments replace cash payments.

Cash deals worth Rs 25,000 crore move to digital mode

SBI report says 15 per cent of transactions moved to e-wallets like m-wallets and Point of Sale machines due to demonetisation.

10 Jan 2017 2:49 PM

Finance Minister Arun Jaitley (Photo: PTI)

RBI taking steps to lower digital transaction cost

Government and RBI are fully aware of cyber security challenges and ensuring strong firewalls around the systems.

15 Dec 2016 5:49 PM

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Mohan Guruswamy