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Latest Articles in Digital Transactions

IndusInd Bank To Facilitate Digital Transactions On E-NAM For Agri Value Chain Participants

SFAC is also implementing CSS on “Formation & Promotion of 10000 FPOs” across the country, besides facilitating Venture Capital Assistance and Credit Guarantee scheme benefits to Small & Marginal farmers of the country, according to the official statement.

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SBI Clarifies Digital Transactions For BSBD Accounts

In addition, the bank is required to pay an interchange fee for AePS, Card + PIN on Micro ATMs based transactions and fund transfer transactions to NPCI. The average cost of such transactions comes to Rs. 12.72 which is absorbed by the bank, it said.

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Many Cos Do Not Have Mechanism To Report Cyber Breaches: Cloudsek Founder

Cyber experts said the proposed personal data protection bill will put more responsibility on companies dealing with data and there will be more standards for them to comply with.

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UPI Records Phenomenal Growth, Other Nations Keen To Learn From Indian Experience: Panda

More than 22 crore UPI financial transactions worth Rs 41 lakh crore were recorded during 2020-21 when the entire world was in the grip of the coronavirus pandemic

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Be Alert Against Fraudsters; Desist From Sharing Sensitive Info Online: SBI Tells Customers

The Reserve Bank of India (RBI) has also been running customer awareness campaign 'RBI Says' to save customers from being cheated by fraudsters.

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Banks Need To Adopt Digitisation Or Else They Will Perish: Ex-Finance Secy SC Garg

Indian Banks' Association CEO Sunil Mehta, in an earlier session, said the digital technologies adopted by the banking system enabled them to deliver financial transactions and payments during the pandemic time.

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Airtel Payments Bank Announces 'Rewards123' Savings Account; Offers Benefits On Digital Transactions

Announcing the 'Rewards123' digital savings account, Airtel in a statement said this is 'designed to offer consistent value, with assured rewards on different types of digital transactions throughout the year'.

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Our Digital Transactions Have Gone As High As 67 Pc Now: SBI Chairman

The rise in the number of digital transactions at the bank was largely driven by pick up in e-commerce during the pandemic-induced lockdown, which restricted movement

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FM Proposes Rs 1,500 Cr-Scheme To Boost E-Payments; Drive Innovation By Fintech Cos

Cyient President and Chief Operating Officer Karthikeyan Natarajan said allocation of funds as incentives for promoting digital payments is a step in the right direction and a significant move in enhancing ease of doing business.

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The New Realty Is Real-Time

A big contribution to agility is investments in technology, and this helped several companies have transformed their service models offerings for customers.

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As Consumers Shift Online, There Is Greater Need For Cyber Security Services

Cyber-security incidents rose to 208,456 in 2018 from 53,117 in the previous year which is a clear indication of the rising number of cyber incidents in the country.

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HDFC Bank Offers Cashback To Small, Medium Merchants To Encourage Digital Transactions

HDFC Bank processes 48 per cent of the overall digital transaction at merchant level in terms of volumes through cards and about a fourth through UPI (Unified Payments Interface).

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RBI sensitises people regarding the safe use of digital transactions

RBI sensitises people regarding the safe use of digital transactions

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Saved Economy That Was Heading Towards Disaster, Says PM Modi

The Prime Minister asserted that his government took steps to stabilise the economy that was heading for a disaster in the last five years.

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NEFT Transactions To Be Available 24x7 From Dec 16

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

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