Cashless Transactions News
Don’t incentivise cashless transactions
Such incentives would go against ongoing efforts to simplify GST and really turn it into a ’good and simple tax’
4 min read2 Sep 2021Banking sector in 4 years of Modi govt: Note ban sets off surge in digital transactions
In December 2017, the number of electronic transfers had breached the 1 billion mark for the first time ever
2 min read26 May 2018Privacy by design for financial services
Privacy should be integrated into a product’s initial designnot retrofitted later
4 min read21 Feb 2018The long road to cashless India
Cards might well be on their way out, but making ATMs redundant is a task of vastly different proportions
4 min read16 Nov 2017Model villages no longer model for others
Ibrahimpur, which a year ago, was much celebrated for becoming the first village in south India to go cashless, has returned to cash transactions
4 min read10 Nov 2017Moderation in digital money but drama elsewhere
The spike in digital transactions saw moderation post-demonetisation but the impact on many other aspects of our financial lives has been anything but moderate
2 min read6 Nov 2017Digital transactions shoot up post demonetisation
The growth rate of the digital payments industry, which was earlier in the range of 20-50%, has accelerated post demonetisation to 40-70%, according to the Payments Council of India
2 min read5 Nov 2017MobiKwik, IRCTC partner for train ticket bookings
Passengers can now book train tickets on the IRCTC app and use the MobiKwik payment gateway for the transaction
1 min read3 Oct 2017Assessing the 25 billion digital payments target
Data suggests this is an unachievable target. So, why is the NPCI, an independent body, being compelled to match government ambition?
4 min read13 Sep 2017What the world can learn from India’s demonetisation experiment
The RBI report last month showed that 99% of invalidated notes have made their way back to banks, suggesting Modi government’s demonetisation plan has foundered
2 min read11 Sep 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared