Browsing Tag
digital transaction
Data | India shifted from cheques to online money transfers faster than Singapore, US and Canada
Cashless transactions: A customer paying through UPI to avoid cash transactions at a medical store in Visakhapatnam
| Photo Credit: K.R. Deepak
On Tuesday, the cross-border connectivity between India’s Unified Payments Interface (UPI) and…
Mann ki Baat | Digital transactions worth ₹20,000 crore seen daily: PM Modi
In his monthly Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said small online payments are helping build a big digital economy
In his monthly Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said small online…
Digital Payments: How They Work, the Cost of Your Transaction and Other Questions Answered
When you swipe your card at the local kirana or make an online card transaction, you may have wondered if the cost of the product or service contains additional charges because of the chain of players involved in the payment process. Does…
5 years of Demonetisation: Permanent increase in use of digital transactions, finds study
New Delhi: November 8, 2021 marked five years since the Indian government decided to cancel the Legal Tender Status of Rs 1000 and Rs 500 denomination currency notes with a larger purpose to move India from a Tax Non-compliant society to a…
Demonetisation made India lesser cash-based economy
New Delhi: Five years after the demonetisation, currency notes in circulation continue to rise albeit at a slower pace. Demonetisation has also made India a lesser cash-based economy, based on an RBI study.
At the end of financial year…