Digital Payments /Digital Banking: Latest News on Digital Payments /Digital Banking, Digital Payments /Digital Banking Photos

Digital Payments /Digital Banking

Actress Anushka Sharma during a press conference to launch retail digital banking initiatives in Mumbai.

PTI Photo
Bihar Deputy Chief Minister Sushil Modi addresses the media regarding the implementation of e-way bills in New Delhi.

PTI Photo by Arun Sharma
Reserve Bank of India Deputy Governor N S Vishwanathan addressing a conference on 'Finance in Digital Era: Navigating the Knowns and Unknowns' at FIBAC 2017 in Mumbai.

PTI Photo by Mitesh Bhuvad
Finance Minister Arun Jaitley, Google India vp Rajan Anandan and Diana Layfield, Head of Finance and Commerce Google, during the launch of Tez a Google built simple and secure mobi...

PTI Photo by Shirish Shete
Rajan Anandan Google India VP addresses at the launch of Tez, a Google built simple and secure mobile payments and commerce app built for India, in New Delhi.

PTI Photo by Shirish Shete
Finance Minister Arun Jaitley addresses the media after he launched Tez, a Google built simple and secure mobile payments and commerce app built for India, in New Delhi.

PTI Photo by Shirish Shete
Principal Adviser NITI Aayog, Ratan P Watal and MD& CEO, National Payments corporation of India, A P Hota at a seminar on "Digital Payments- Trades, Issues & Challenges", in New De...

PTI Photo by Atul Yadav

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Cash No King Anymore: Covid Pandemic Has Accelerated Adoption Of Digital Payments

Given the fact that Coronavirus can sustain on various surfaces for several hours, bank notes going through rapid change of hands during a day could turn out to be a serious health hazard. The risk could be even more pronounced on the coins in circulation.

Jul 17, 2020

| Manas J Sharma
Reliance Jio-Facebook Deal Is A Game Changer For India’s Digital Ecosystem

The deal is a win-win situation for both Facebook and Reliance and a big win for fulfilling PM Narendra Modi’s vision of digital payment adoption, writes Vinod Dham.

Apr 30, 2020

| Vinod Dham
No MDR Charges Applicable On Payment Via RuPay, UPI From 2020: Nirmala Sitharaman

Homegrown digital payment medium like RuPay and BHIM UPI will now have edge over the payment gateway promoted by foreign companies.

Dec 28, 2019

| PTI
RBI Removes RTGS/NEFT Transactions Charges, Asks Banks To Pass On Benefits

The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2 lakh.

Jun 06, 2019

| Outlook Web Bureau
Nandan Nilekani To Head 5-Member RBI Panel To Boost Digital Payments

Besides Nilekani, other members of the panel are former RBI deputy governor H R Khan, former MD and CEO of Vijaya Bank Kishore Sansi and former secretary in ministries of IT and steel Aruna Sharma.

Jan 08, 2019

| Outlook Web Bureau
US Senators Write To PM Modi, Urge Softening India's Stance On Data Localisation Policy

In a letter to PM Modi dated Friday, US Sentors John Cornyn and Mark Warner -- who also hold top leadership positions in their own parties -- have opposed the data localisation requirement of the Indian government.

Oct 14, 2018

| Outlook Web Bureau
Google Tez Renamed As Google Pay, App To Now Offer Instant Bank Loans

Tez, an app for instant money transfers in India was launched by the Google on September 2017.

Aug 28, 2018

| Outlook Web Bureau
As Govt Promotes Digital Transactions, Cyber Security Chief Says He 'Rarely' Uses Internet Banking Over 'Issues'

Over 1,700 cases of fraud related to credit/debit card and Internet banking with the extent of losses touching Rs 71.48 crore were reported in 2017.

Mar 17, 2018

| Outlook Web Bureau
Digital India To Contribute 30 Per Cent To India's GDP By 2025, Says Tourism Minister K.Alphons

Oct 15, 2017

| Outlook Web Bureau
Rush To Install Swipe Machines May Cause Rs 3,800 Crore Loss To Banking Industry: SBI Research

After the note-ban last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments. Since then, banks have more than doubled their PoS terminals.

Sep 29, 2017

| Outlook Web Bureau

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Magazine

How India Wants Its Money And Why Cashless Transaction Is Far From Reality

With 100 million users in a country of 1,350 million, cashlessness of the digital kind is a long way home

Jun 12, 2019

| Jyotika Sood
A Telegram From 009

Ten years is a long time to ponder upon the best and worst life has thrown at us and grow wiser for the next ten

Feb 28, 2019

| Ruben Banerjee
Modinomics: How Has Modi Govt Fared On The Economy? It's Time For An Audit

Has the Modi experience matched the promised Modi magic of 2014? Verifiably not. But has its patchwork quilt offered enough warmth to see it through 2019? We will know in a few months.

Dec 06, 2018

| Arindam Mukherjee Lola Nayar
Shocks And Resilience: Impact Of Demonetisation Is Complex

The impact of demonetisation is complex and intertwined with other factors

Nov 09, 2018

| Shashanka Bhide
'Demonetisation Drive Was Executed Without Much Planning'

Three experts answer some persisting questions about the government’s 2016 demonetisation drive

Nov 09, 2018

| Lola Nayar
Black Stash Of Secret Money

Money laundering haunts governments as they struggle to adapt to crypto-currencies

Jan 11, 2018

| Ushinor Majumdar
Coins Of Change

Digital currency can rid India of high-cost cash woes

Jan 04, 2018

| Ajeya Singh

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