E-commerce Transactions

Here is the best of Business Standard's opinion pieces for today

Monthly spending is more than Rs 1 trn again, led by the rising share of e-commerce transactions

Attributes trend to value-added services such as EMI and BNPL which are allowing consumers to use cards for big-ticket transactions, as opposed to small-ticket earlier

On a year-on-year (YoY) basis, spends were up over 25 per cent, despite a high base

Leading depository NSDL on Wednesday said it has acquired a 5.6 per cent stake in the Union government's Open Network for Digital Commerce for Rs 10 crore. National Securities Depository Limited (NSDL) invested an amount of Rs 10 crore in ONDC under the private placement route, the depository said in a statement. "This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India," Padmaja Chunduru, MD and CEO at NSDL, said. ONDC is an initiative of the Commerce Ministry to create an open public digital infrastructure, while NSDL has played a key role in transforming the Indian securities market by facilitating, holding and transfer of securities in dematerialised form. NSDL demat account holders are serviced through the Depository Participants from 58,000 service centres. Its investors are present in 99 per cent of pincodes in India and are spread across 189 countries. "We are glad to have NSDL as a stakeholder which would be of ..

Pinelabs, MSwipe, Ezetap, FSS, Hitachi payments, Worldline, etc. are some offline payment aggregators

In a Q&A, Rishi Chhabra, who also heads the firm's India and Sri Lanka operations, dwells on his company's swift response to RBI's six-month moratorium and data localisation rules

The central government is likely to exceed the budgeted tax collection target of Rs 22.2 trillion for the current fiscal year. Read more on our top headlines of the day

All the policies contain vague, confusing terms and give consumers no real choice about how their data are collected, used and disclosed when they shop on these websites

Net sales up 31.2% on a low base to Rs 2,525 cr, volumes grow 21%

According to the Worldline India Digital Payments Report for Q1 2021, the new number likely reflects a more realistic number of the terminals deployed

In the pilot, which looked at a few hundred cases, Snapdeal and Sama helped settle a 100, with an overall success rate of 50 per cent

Additional hiring to meet demand for home delivery as people continue to remain indoors due to coronavirus pandemic

This year's online shopping extravaganza also comes a week after Alibaba lost almost $76 billion of its market value

They are deploying easy-to-use platforms for SMBs, helping them go online in as little as 30 seconds

The organic ecommerce platform 'Jaivikkheti' is being strengthened for directly linking farmers with retail as well as bulk buyers, the agriculture ministry said on Thursday.

The e-commerce moratorium is nothing short of duty-free, quota-free' access to digital products of the digitally industrialized members by the rest of the membership, said India's WTO representative

Uttar Pradesh, Maharashtra, West Bengal, Delhi and Tamil Nadu are the top states where local MSMEs have shown maximum interest in taking their businesses online

The market opportunities for online commerce in the country are expected to touch $200 billion by 2028 from $30 billion in 2018

The ranks of cyber criminals will rise as many unemployed people with internet connections may be desperate enough to attempt cyber-crimes