Search For "payment system"
Soon money transfers between India-Singapore using UPI: Indian envoy
Updated : 3 years, 4 months ago IST
India and Singapore have completed technical preparations to link their fast payment systems UPI and PayNow to enable fund transfers between the two countries instantaneously and at low cost, a move which is aimed at benefitting migrant workers.
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Currency in circulation declines in Diwali week for first time in 20 years
Updated : 3 years, 4 months ago IST
The report said, "In a remarkable development, for the first time in 20 years, currency in circulation declined during the Diwali week. The innovations in technology have changed the Indian payment system. Over the years, the Indian cash lead economy now has changed to smart-phone lead payme
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First in 20 years, currency in circulation declines in busy Diwali week: S
Updated : 3 years, 4 months ago IST
Innovations in technology have changed the Indian payment system over the years and the Indian cash-led economy now has changed to a smartphone-led payment economy.
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Payment systems have emerged as the lifeline of our financial system: RBI
Updated : 3 years, 4 months ago IST
The Governor, speaking at FIBAC 2022 Conference, said the central bank's focus is on promoting interoperability, cross-border linkages and innovation.
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Aadhaar-linked 25.25 crore transactions carried out in Sept: Govt
Updated : 3 years, 4 months ago IST
The cumulative number of e-KYC transactions via Aadhaar so far has increased to 1,297.93 crore by the end of September 2022, the statement said. Similarly, Aadhaar-enabled payment system (AEPS) has been an enabler of financial inclusion at the bottom of the income pyramid.
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CCI slaps Rs 936.44 cr penalty on Google over Play Store policies
Updated : 3 years, 4 months ago IST
The competition watchdog said selling in-app digital goods constitutes an important means for app developers to monetise their creations/innovations. However, for in-app digital goods to be distributed to purchasing users, developers must configure their apps so that all purchases of the
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Afghanistan's economy contracted by about 20 per cent in 2021: World Bank
Updated : 3 years, 4 months ago IST
The World Bank report released last week points to a sharp decline in public spending, lower household incomes, and reduced consumption caused aggregate demand to fall. It also highlights disruptions in the payment system and supply constraints further hampered private sector activities, ini
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UK-registered asset manager Makkamine forays into India
Updated : 3 years, 4 months ago IST
New Delhi [India], October 20 (ANI/PNN): UK-registered asset management company Makkamine Limited, which aims to replace the traditional payment systems with digital payments through Makkamine and identify the best sources to promote metal mining worldwide, has forayed into India.
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NIUM optimistic about USD 60T B2B payment opportunity
Updated : 3 years, 5 months ago IST
New Delhi [India], October 14 (ANI/GPRC): Prior to the pandemic, only 33 per cent of B2B payments were electronic, due to a lack of investment in foundational payments infrastructure as well as a lack of compatibility between electronic payment systems. Post COVID, however, real-time speed a
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Singapore, UAE to accept RuPay payment mechanism: Finance Minister Nirmala
Updated : 3 years, 5 months ago IST
Washington [US], October 12 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday (local time) said that Singapore and UAE have shown interest to accept the RuPay payment system acceptable in their countries.
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Paysharp is LIVE on Bharat Bill Payment System and BBPS B2B Payments
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI/PNN): Chennai-based, Paysharp is a B2B focused Payment Gateway and we provide flat pricing to all customers. The company is excited to say we are live on Bharat Bill Payment System under the new category B2B Bill collections during Global Finte
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Is Turkey a sanction evasion haven for Russia?
Updated : 3 years, 6 months ago IST
Nicosia[Cyprus], September 5 (ANI): Although Turkey in the past six months has tried to present itself as an honest and neutral power broker that mediates between Russia and Ukraine - and actually scored a big success in brokering a deal for the export of Ukrainian grain through its ports
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