Cashless News

Support remains strong for both demonetisation and PM Modi. But there are some points that he may need to pay attention to.

98.2 lakh digital transaction were made on Thursday.

The adoption rate of online platforms was high during the demonetisation period, but it plateaued out as soon as cash became available in the system.

The report said the current humongous PoS infrastructure that banks have developed have to be supported wholeheartedly.

Having already earned the distinction of being free from open defecation, alcohol, tobacco and drugs, this tiny village in Assam's Goalpara district now aims to go cashless.

The app allows to make cashless payments over mobile phones. The app is developed by National Payment Corporation of India (NCPI).

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As the number of mobile internet users are on rise in India, cases of malware attacks on smartphones` operating systems have increased and mobile applications through which people hack into phones to access personal data show the same trend, a study has found.

In a bid to promote cashless economy, Regional Transport Offices in the national capital are set to go cashless from January when fees for all services including driving licence, auto permit and fitness certificate can be paid electronically.

The tiny Union Territory along the Arabian Sea coast, Daman and Diu, has become the first cashless region of the country.

Denying that government ever talked about going 100 percent cashless, Union Minister Santosh Kumar Gangwar said that even if 15-20 percent success is achieved in going cashless, it will be a big achievement for the country.

Central Government has decided on a package of incentives and measures for promotion of digital and cashless economy in the country.

In the wake of the demonetisation move taken by the government and to promote cashless transaction, Finance Minister Arun Jaitley on Thursday announced a list of sops for digitals users such as Rs 10 lakh insurance for railway tickets books online.

Consumers and merchants can pay and receive money without an internet connection – Know how.

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