payments
Students can now use Google Pay as campus ID
The feature is currently supported on Android devices.
Banks' payments revenues to dent by USD 9 billion by 2025: report
Banks may not be able to garner all the goods for themselves, as the non-bank players become more active in the segment.
RBI allows payment of all recurring bills through BBPS
The system will provide multiple payment modes and instant confirmation of payment.
Apple will now offer 'grace period' for lapsed payments
Developers will have the option to offer the 'grace period' for auto-renewable subscriptions.
Paytm to invest Rs 750 cr to reach 250 million monthly active users by March
Paytm currently has a monthly active user base of around 140 million.
RBI says foreign firms can process abroad, but must store data in India
The RBI stuck to its position but clarified that payment transactions can be processed outside the country if the companies so wish.
Data related to payments to be stored only in India: RBI
In case payment processing is done abroad, data should be deleted there and brought back to India within 24 hours, said RBI.
NPCI mulls using blockchain solution to strengthen digital payments
Promoted by 10 banks in India under the aegis of the IBA, NPCI aims to become the "best payments network globally".
In the age of cashless, city mandates stores to accept cash payments
The bill, effective from July 1, represents the first time a major city is introducing a law mandating businesses to accept cash.
Five services that let you travel hassle-free, without a wallet
The young working professional or the urban moneyed traveller is now empowered to go cashless or without their wallets.