Despite government promises to turn Pakistan into a modern digital economy, cash continues to dominate financial transactions, highlighting the gap between vision and reality. Over Rs9.5 trillion remains in circulation, reflecting Pakistan's slow transition toward a cashless system, as repor
Infibeam Avenues Ltd has received an 'In-Principle' authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), the company said in its media release. The approval allows the fintech firm to move closer to offering a new line of digital payment solutions u
India's digital payment ecosystem continues its rapid expansion, with the Unified Payments Interface (UPI) maintaining a dominant position in transaction volumes, according to the Reserve Bank of India's Payment Systems Report for the half year ended June 2025.
Mumbai (Maharashtra) [India], October 18: The sixth edition of the world's largest annual fintech conference, the Global Fintech Fest 2025 (GFF 2025), was held in Mumbai October 7-9. More than 400 sessions where visionaries from India and over 100 countries shared their insights. Also instit
Himachal Pradesh Chief Minister Sukvinder Singh Sukhu has directed the state's health department to develop an app for online medical test payments in the state's hospitals on Tuesday.
India's digital payments ecosystem is entering a pivotal phase of transformation, marked by exponential growth, strategic innovation, and deepening financial inclusion, according to a report by PwC.
Vikas Bansal, CEO of Amazon Pay India, highlighted the rapid growth and widespread adoption of digital payments across the country, noting a major shift in consumer behaviour toward cashless transactions.
Balbir Singh noted that there are no criteria for income or any other benefit for the scheme; the individual just needs to have an Aadhaar card from Punjab and a voter ID card.
The reaction comes after Punjab Chief Minister Bhagwant Mann on Monday announced the rollout of a state health insurance scheme under which every family in Punjab will be eligible for cashless treatment up to Rs 10 lakh.
"A few days ago, we announced that we would provide ₹10 lakhs health insurance to every family in the state. Using the CM Health Card, people will be able to avail the benefit of cashless treatment up to Rs 10 lakhs. The registration for this scheme will start tomorrow. Under this health car
During this ceremony, CM launched the scheme and initiated the enrollment process. On this occasion, the Chief Minister symbolically handed over Ayushman cards to the beneficiary officers and employees of this scheme. In addition, the Chief Minister flagged off and inaugurated 94 new 108 amb
The Association of Healthcare Providers of India (AHPI) and the Indian Medical Association (IMA) Hospital Board raised alarm over Star Health Insurance's suspension of cashless services at several prominent hospitals across India, leaving patients in distress.