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The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI's vision document on payment systems to spur digital economy:...

The RBI has said it will implement the approach outlined in the document during the period 2019 - 2021.

19 May 2019 2:04 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI releases 'Vision 2021' for payment systems for 'cash-lite' society

The Reserve Bank of India will implement the approach outlined in this Vision during the period 2019 - 2021.

16 May 2019 8:29 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

'RBI need not print entire amount of extinguished currency'

The current size of digital banking is around Rs 2.3 lakh crore.

31 March 2017 1:57 PM IST

The recent data on digital payments published by RBI indicates sharp growth in digital payments, but this needs to grow even more.

Growth back to pre-note ban level increasingly likely: S&P

CSO last month had projected GDP growth to be 7 per cent in the October-December quarter.

31 March 2017 1:27 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Over 14 lakh consumers win Rs 226 cr under e-payment scheme

Around 8 billion transactions take place annually through digital payment methods.

30 March 2017 7:05 PM IST

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M-wallet transactions to reach Rs 30K crore

M-wallet transaction is among the fastest growing paperless modes of payment or banking.

22 Nov 2016 2:47 PM IST

FreeCharge currently provides e-payment facility to various food and beverages category players like foodpanda, Zomato, Swiggy, Freshmenu, Innerchef, Dominos, Mcdonalds, Haldirams, CCD and Barista.

FreeCharge, Faasos tie up for e-wallet payment solution

Faasos serves over 15,000 daily customers across more than 130 locations in 14 Indian cities.

28 Dec 2016 6:54 PM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

Soon, a government helpline for e-payments grievance redressal

Digital payments on UPI platform have grown from Rs 3,721 till November 8, 2016 to Rs 3.31 lakh as on May 17, 2017.

13 Jun 2017 5:41 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm to push e-payment in offline retail via '12/12 Festival'

Offline shopping festival is aimed at driving greater sales for offline merchant partners accepting Paytm.

12 Dec 2017 9:40 AM IST

Majority of staff members of several malls unanimously pointed that due to the note ban, they saw a rise in online transactions.

Shoppers shift from markets to malls as cash crunch continues

The business at the food courts in malls has taken a back seat, as most people pay through cash at such places.

5 Dec 2016 3:31 AM IST