Thursday, November 30, 2023

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Digital banking

‘Initiatives being taken to make UPI available on feature phones’, says RBI governor as number of UPI transactions cross 10 billion in August

RBI governor Shaktikanta Das has said that initiatives have been taken to make feature phones also operate the UPI payment system.

Eight years of PM Modi’s Digital India initiative: Empowering the nation with technological advancements and inclusive growth

Digital India has propelled a multitude of notable initiatives, yielding extraordinary outcomes across diverse spheres. Foremost among these accomplishments is the laudable feat of ameliorating the urban-rural digital divide.

Aadhaar-based face authentication transactions for service delivery cross an all-time high of 10.6 million in May

Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million

NPCI says no extra burden on customers after introducing interchange fee on select UPI transactions, here is what you need to know

Interchange fee will only be applicable for certain specific transactions, and will be not applicable for bank-to-bank transfers and payments by customers

Navbharat Times journalist claims UPI and Digital payments not working anywhere in Gujarat except Ahmedabad, found to be false

Navbharat Times journalist Mithilesh Dhar Dubey makes false claim that UPI and digital payments do not work in Gujarat

‘No consideration to levy charges on UPI services’: Clarifies Finance Ministry, says cost of service providers will be recovered through other means

Responding the media reports claiming that RBI is proposing to impose service charge on UPI, finance ministry said there is no such consideration

RBI announces 123PAY: A UPI-based payment system for feature phone users

123PAY is aimed to fill the gap in digital payment system and include 40 crore feature phones in the digital banking ecosystem.

OpIndia Explains: The virtual world of cryptocurrency and the challenges it poses for Indian govt

PM Modi on Saturday chaired a meeting on the way forward for managing the burgeoning cryptocurrency sector in the country

PM Modi launches new digital payment instrument ‘e-RUPI’: Here is what he said

PM Narendra Modi said, "Today we are looking at technology as a tool to help the poor, a tool for their progress."

PM Modi to launch e-RUPI on Monday: All you need to know about the new e-Voucher based digital payment instrument

e-RUPI will revolutionise delivery of welfare services such as nutritional support, TB eradication, drugs and diagnostics, fertiliser subsidies etc

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