New Delhi: With PoS terminals available almost everywhere, debit card, credit card transactions have increased, especially in urban areas. Because of the ease of payment, many people prefer using their cards to transact instead of cash. Since people carry their debit cards with them on a regular basis, the chances […]
Digital payments in India are surging in the ongoing Covid-19-caused lockdowns which will accelerate mobile data/4G penetration and build an ecosystem of services. According to a research report by CLSA, acceleration in data penetration will especially be positive for Bharti Airtel, as 50 per cent of its subscribers are still […]
By Vaidyanathan Ramani Key benefits of digitisation for customers, from an insurance point of view, is the convenience of doing it anywhere and the assurance of doing it through a self-service model. Customers can calculate monthly premiums along with the impact these will have on their long-term financial plans sitting […]
The National Payments Corporation of India or NPCI, the umbrella organization for retail payments systems, has doubled the per transaction payment limit for Unified Payments Interface or UPI to Rs 2 lakh for some payments. The committee has approved to increase the current limit of Rs 1 lakh per transaction […]
SBI Card IPO: Market regulator Securities and Exchange Board of India (SEBI) has given its approval for the SBI Card IPO. After the SEBI approval, SBI Cards and Payment Services can launch its IPO once it gets approval from the RoC, which can come within a fortnight. So, on the basis […]
Aadhaar is a unique 12-digit number issued by the Unique Identification Authority of India (UIDAI). You need to keep it updated so that it can serve as a valid proof. The address on your Aadhaar card can be updated both offline and online. For it, Aadhaar card holder can provide […]
Internet is no longer just about emails and social media. Today, it’s also about banking to shopping to booking cabs, train and flight tickets and much more. Most of our work we can now do online. While this has its pluses, there can also be huge security implications if one […]
Indian police have reunited thousands of missing and trafficked children with their families using a new facial recognition app that campaigners said was a “game changer” in tackling the problem. Tens of thousands of children go missing every year in India and many are trafficked to work in eateries, handicraft […]
