Cashless Transactions
Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data
The currency in circulation had jumped by over Rs 4 trillion in 2020-21, while the increase tapered to Rs 2.80 trillion in the last financial year
 "Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data")
NHAI transitions to 100% cashless toll through mandatory FASTags
With nearly 60 lakh transactions, the per day toll collection through FASTag crossed the highest ever mark of Rs 95 crore on February 17, 2021
 "NHAI transitions to 100% cashless toll through mandatory FASTags")
Govt ready to implement cashless treatment scheme for road accident victims
The scheme assumes significance as India accounts for about 500,000 road accidents per annum, one of the highest globally, in which about 150,000 people are killed and about 300,000 are crippled
 "Govt ready to implement cashless treatment scheme for road accident victims")
Diversifying contactless payments a way ahead during coronavirus outbreak
Some countries have already quarantined cash, while others like South Korea, have burnt, or high-heat laundered their notes
 "Diversifying contactless payments a way ahead during coronavirus outbreak")
In a first, Mastercard enables one-time password-less transactions
A new mobile-first authentication solution rolled out by the payments major allows such transactions only for deals below Rs 2,000
 "In a first, Mastercard enables one-time password-less transactions")
Over 37 million benefit as Gujarat becomes first to go cashless in PDS
State beats March deadline set by dept of consumer affairs, goes cashless in all 17,250 centres
 "Over 37 million benefit as Gujarat becomes first to go cashless in PDS")
Lost your phone? Here's how you can make your mobile theft-proof
Losing a phone has become even more costly after the government's push for a cashless society
 "Lost your phone? Here's how you can make your mobile theft-proof")
