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As per estimates, only 5 per cent Indians use digital payment modes.

Over 14 lakh consumers win Rs 226 cr under e-payment scheme

Around 8 billion transactions take place annually through digital payment methods.

30 March 2017 7:05 PM IST

a fake currency note of Rs 2,000 bearing the name of Childrens Bank of India was dispensed by an ATM of the ICICI Bank

Wanna Cry: RBI asks banks to update ATM software

Central bank's instructions come as majority of ATMs run on old version of Windows operating system.

15 May 2017 11:34 AM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Ensure mobile banking for all customers: Govt to banks

IT Secretary Aruna Sundarajanis says move part of govt's efforts to boost digital payment system.

1 March 2017 6:32 PM IST

Amounts exceeding 5,000 will not be accepted in cash at hospitals and all medical stores, which, too, have to keep swipe machines.

Cash deals worth Rs 25,000 crore move to digital mode

SBI report says 15 per cent of transactions moved to e-wallets like m-wallets and Point of Sale machines due to...

10 Jan 2017 2:49 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

There are alternate modes of payments for end consumers

FinTech companies are innovating and introducing many alternate' payment options.

22 May 2017 12:57 PM IST

Prime Minister Narendra Modi

3 yrs of Modi govt: Digital economy to cross $1-trn mark

IT Minister Ravi Shankar Prasad says main focus would be on services and offerings in digital space.

24 May 2017 3:56 PM IST

Paytm Founder and Chief Executive Vijay Shekhar Sharma (Photo: Youtube screengrab)

Paytm Payments Bank starts, eyes 500 mn customers

Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year.

23 May 2017 11:00 AM IST

Prime Minister Narendra Modi addressing at the launch of a new mobile app BHIM to encourage e-transactions during the Digital Mela at Talkatora Stadium in New Delhi on Friday. (Photo: PTI)

Modi launches 'BHIM' App, distributes prizes in lucky draw

Modi distributed prizes to those who have made contributions to promote digital payments in the country.

30 Dec 2016 4:52 PM IST

People queue up to open Jan Dhan accounts at Santiniketan in Birbhum district of West Bengal. (Photo: PTI)

50 days after currency ban, the jury is out in hinterland

Farmers in rural areas in MP continue to go for distress sale of their produces, particularly perishable commodities...

30 Dec 2016 6:15 AM IST

Nasscom, telecom operators, and NITI Aayog have come together in creating a dedicated helpline - 14444 - for addressing all queries on digitial payments. (Representational image)

Dial '14444' for all queries on digital payments soon

CMs body chief and Andhra Pradesh CM Chandrababu Naidu said plans are afoot to import one million PoS machines.

28 Dec 2016 6:57 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Social media outrage forced Paytm to abolish 2 pc levy

Digital wallet provider recently levied 2 per cent charge on money loaded in wallet with credit cards.

11 March 2017 3:40 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Bank customer wins Rs 1 cr lottery on digital payment

There were six winners of Narendra Modi's Lucky Grahak Yojana and Digi Dhan Vyapar Yojana.

10 April 2017 10:53 AM IST