Digital transactions touched record high of Rs 71,634 crore on March 28: Finance Minister Arun Jaitley
98.2 lakh digital transaction were made on Thursday.
Mar 29, 2018, 23:46 PM IST
RBI to allow inter-operability in prepaid payment instruments
PPIs are substitute of paper currency or cash that prepaid payments industry issues in the form of paper coupons, mobile wallets or electronic formats.
Oct 04, 2017, 20:55 PM IST
E-payments will support China's economic rebalancing: Moody's
The rapid rise of third-party electronic payments is boosting China`s online consumer market growth and it will support its economy`s rebalancing, a Moody`s report said.
Jun 21, 2017, 12:44 PM IST
Demonetisation: Make e-payments if contract exceeds Rs 5,000, FinMin to govt deptts
The finance ministry on Monday asked all government departments to make electronic payments to suppliers, contractors or institutions if the order value exceeds Rs 5,000.
Dec 05, 2016, 17:03 PM IST
Demonetisation: Excise duty exemption on Point of Sale device manufacturing till March 2017
The duty exemption for making PoS devices, which are used for electronic payments at malls and shops, will remain valid till March 31, 2017, government said today.
Nov 29, 2016, 15:30 PM IST
Cashless economy: RBI to promote card usage in smaller towns
In efforts to move towards a cashless society, the Reserve Bank on Tuesday said it will come out with a concept paper on promoting electronic payments, especially in smaller towns, by November-end.
Sep 29, 2015, 15:57 PM IST
Tax benefits for credit, debit card payments welcomed
"Tax benefits in terms of income tax rebates to be considered to consumers for paying a certain proportion of their expenditure through electronic means," said the draft proposals on which comments have been invited till June 29.
Jun 23, 2015, 21:50 PM IST
Some US retailers shun Apple Pay, eye rival payments system
Some large U.S. retailers are refusing to use Apple Inc`s new electronic payments service as they commit to developing a rival payments system that would bolster their profits by eliminating credit card transaction fees.
Oct 28, 2014, 03:19 AM IST
