Cash Payments News

Technology

The top five trends in India’s digital payment landscape

Consumers are rapidly switching to non-cash payment methods that provide simple and convenient ways to transfer money across bank accounts

4 min read1 Oct 2018
Politics

Andhra launches e-Rythu to boost cashless farm ecosystem

e-Rythu, developed by Mastercard, aims to digitize agriculture marketplaces and provide farmers an easy to buy, sell and receive payments for agricultural products via their feature phones

2 min read12 Sep 2018
Politics

Ministerial group formed to consider tax relief for small businesses

GST Council decides to form a ministerial panel to examine a series of tax and compliance relief proposals for the benefit of MSMEs which form the backbone of the manufacturing sector, the rural economy

2 min read4 Aug 2018
Politics

States to test GST cashback payments via Rupay, BHIM app: Piyush Goyal

The GST Council also decided to set up a GoM under Minister of State of Finance Shiv Pratap Shukla to look into the issues of the MSME sector

1 min read4 Aug 2018
Market

By 2025, digital transactions in India could be worth $1 trillion annually: Report

Digital transactions in India could be worth $1 trillion annually by 2025, with four out of every five transactions being made digitally, ACI Worldwide said in a white paper

1 min read13 Mar 2018
Politics

Centre, states hold discussions to develop framework for encouraging digital use in various sectors

Digitizing land transactions, maximizing the use of digital locker, electronics-based primary healthcare, use of precision technology to double farm income and easy access to Internet were some of the key issues discussed at the meeting

1 min read13 Feb 2018
Industry

Card transactions soar 84% in September 2017 to Rs74,090 crore: Report

The debit and credit card transactions have jumped to Rs74,090 crore in September this year, says a study

1 min read19 Nov 2017
Industry

Digital transactions touch 965 million in October

The number of digital transactions rose around 10% to 965 million in October from 877 million in September, according to RBI data

3 min read9 Nov 2017
Industry

Demonetisation anniversary: 40% of mobile wallet users shift back to cash

More than 40% of the users who had started using mobile wallets post demonetisation have shifted back to cash, according to a Chrome Data Analytics & Media report

2 min read7 Nov 2017
Industry

Four-wheelers sold from December must be fitted with FASTag: Centre

FASTag's will help reduce congestion at toll plazas, and petrol consumption by idling vehicles, and speed up traffic

2 min read3 Nov 2017
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