Union Finance Minister Nirmala Sitharaman in December 2019 announced that no MDR charges would be applicable on transactions through RuPay and UPI platforms beginning January 1, 2020, a move that promotes digital payments.
Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
The Payments Council of India (PCI), an industry body representing a diverse range of non-banking payment industry players, with 180 members, has submitted a formal letter to the Prime Minister Narendra Modi, seeking urgent reconsideration of the Zero Merchant Discount Rate (MDR) policy for
New Delhi [India], March 24: The Kotak811 Mobile Banking App has redefined digital banking by offering a seamless, fully online experience for savings, investments, and transactions. As an end-to-end digital banking platform, Kotak811 eliminates the traditional barriers of banking, making fi
New Delhi [India], March 20: Mutual fund apps have revolutionised the process of investing by making it easier and more convenient. With mutual fund apps, you can view different investment options, monitor your portfolio, and make informed choices while sitting in the comfort of your house.
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)' for the financial year 2024-25.
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
In a social media post on X, DGP Punjab Police wrote, "Zero Tolerance for Drug Financing! In a decisive crackdown on drug networks, Amritsar Rural Police apprehends two Hawala operators, Sukhjit Singh & Ranbir Singh, who were facilitating illegal financial transactions linked to drug
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, has partnered with Mastercard to launch "Jaywan - Mastercard" co-badged debit and prepaid cards. The new cards will enhance digital payments in the UAE by offering secure and seamless transactions, including e-commerce
To address the challenges of buying a new car in India, CARS24, an online platform known for used car transactions, has now expanded its services with 'New Cars,' aiming to make purchasing a brand-new vehicle easier and more transparent
Aadhaar continues to drive India's digital transformation, with nearly 225 crore authentication transactions and 43 crore e-KYC transactions carried out in February 2025.
Gurugram (Haryana) [India], March 7: Gurugram-based firm combines expertise, transparency, and client-first values to empower informed real estate decisions, today and tomorrow. Asset Deals, a leading real estate consultancy based in Gurugram, completes the 14-year journey of transforming pr