Page 5 - Digital Transactions

State discoms give lukewarm response to Centre's digital transaction call

A bulk of the digital transactions in the power sector is to be made up by online electricity bill payments

Data tracker: Digital transactions to hit $100 billion by 2020, says report

There will be 2.5x women shoppers and 3x older shoppers (35+ years) compared to today

Four metro cities can bag $7.2 bn a year on digital payment boost: Visa

Delhi, Mumbai, Bengaluru and Chennai to reap benefits of increased digital transactions, says the report

Digital transactions rise, then slip, now flat

Transactions through wallets and credit cards are rising but cash has made an aggressive comeback

Govt payment options to push for BHIM, UPI & Bharat QR

Govt feels demonetisation provided boost to digital transactions to make India cash-less economy

Digital transactions on the decline since March, after demonetisation rush

Transactions post demonetisation stood at 114.96 cr in Jan, about 101.18 cr in Feb

Digital transactions show signs of rising

The total value of IMPS transactions in September 2016 was at Rs 28,912 cr

Digital transactions shoot up 23 times post demonetisation to 6.4 mn

Transactions have increased from 3.6 crore to 6.7 crore during the same period, Niti Aayog said

Value of card transactions at PoS falls for 2nd month in row

The value of transactions through debit and credit cards used at the PoS fell to Rs 64,200 cr in Feb

IT ministry to take over digital drive from NITI

Govt is trying to reduce its cash-GDP ratio to around 8% from existing 13%

IT ministry to promote digital transactions

President Pranab Mukherjee has given nod to change government of India

Hurdles in digital transactions temporary: NPCI

While interoperability already exists through UPI, KYC guidelines may need to be strengthened

Govt considering regulator for electronic payments

With digital transactions gaining traction

Centre asks states to incentivise digital transactions

Centre has launched a "massive drive" to promote payments through digital means, said Venkaiah Naidu

UPI to be available offline: Govt to make digital payments user-friendly

The upgraded version of UPI will have basic features such as ability to send or receive money, more

Govt says less tax for small traders on digital transactions

The decision has been taken to achieve the govt's mission of moving towards a cashless economy

Govt asks banks to install one million points of sale

There are about 1.5 million PoS terminals currently across merchants to facilitate card-based payments