Ussd News

Industry

Digital transactions decline in February

February saw total digital transactions worth Rs115.5 trillion, down 12.5% from Rs131.9 trillion in January, provisional data by the RBI showed

2 min read7 Mar 2018
Industry

Digital transactions rise to 1.11 billion in January

Transactions worth about Rs131.95 trillion were carried out in January through credit and debit cards, UPI, unstructured supplementary service data, prepaid payment instruments and internet banking

3 min read7 Feb 2018
Technology

Hike’s Total app: Everything you need to know

Hike's new app Total works offline, but you will have to buy a new smartphone to take advantage of it

1 min read18 Jan 2018
Industry

Around 39% of ration shops now have PoS machines: Govt

Out of around 5.26 lakh fair price shops in the country, 2.04 lakh have PoS machines, and close to 78% ration cards have been seeded to Aadhaar, says government

2 min read16 May 2017
Politics

Govt departments submit plans to meet digital transaction goal

Plans to achieve the government target of 25 billion digital transactions in 2017-18 will be put to action from May

1 min read1 May 2017
Industry

Digital transactions peaked at Rs149.5 trillion in March: RBI data

Digital transactions volume also rose in March and was the second highest in a month since the announcement of demonetization, shows the RBI data

2 min read7 Apr 2017
Industry

Digital payments decline as cash returns, shows RBI data

Latest RBI data says volume of digital transaction fell to 7,630 lakh in February from as much as 9,575 lakh in December

1 min read8 Mar 2017
Industry

Training camps to impart knowledge on digital transactions in villages: RBI

Financial literacy centres to train people on how to adopt digital platformsunified payment interface (UPI) and unstructured supplementary service data (USSD)

1 min read2 Mar 2017
Industry

NPCI begins pilot project to digitize transactions in microfinance sector

Under the project, RBL Bank will disburse loans and HDFC Bank will receive loan repayments for the transactions of Svatantra Microfinance using Aadhaar and USSD based facilities

1 min read22 Feb 2017
Money

Aadhaar Pay to be launched soon: What does it mean for you?

Aadhaar Pay app enables consumers to pay without any physical payment instrument

1 min read1 Feb 2017
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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

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