What does future hold for the digital payments ecosystem? Some great improvements in simplicity and security of payment are already observed. Individuals are now waving their smartphones over a POS…
Being in the high-cash economy regions, more than a million Indians are scanning their fingerprints or iris and withdrawing cash at local kirana stores every day through biometric-abled payment POS…
Cash is the primary mode of payment or other financial exchanges for a large portion of the ecosystem. Mainly because cash gives direct control over one’s money. It is a…
Gone are the days when the store owners have to sit back with pen and notepad to manually keep a record of all the sale, purchases, cash-in and outs, and…
What does the future of the payments industry hold for this year? Advanced technologies and growing consumer preferences and behaviors have laid the foundations for an exciting 2019. Biometrics authentication…
“Digital Banking” Transforming the Financial Services Industry
The significance of digital banking can be credited to its various benefits like reduced operational costs, attracting new customers, retaining old ones, and moving & staying ahead of competitors by…
Today, an increasing number of people are going digital by using less of cash, making an interest and creating a demand for alternative payment methods and opening a world of…
Card payments have consistently ascended over the last two decades, yet innovation of the card has hindered since the launch of contactless over ten years ago. In the course of…
With digital transactions picking up preference as the future of payments, POS machines market is undergoing a mature change in the recent times. Over the years, the transformation of e-commerce…
In India, small and marginal farmers face numerous difficulties in their undertaking to engage in agriculture as an income source. Small and marginal farmers have been falling prey to mediators…
Social media isn’t simply constrained to conversations and sharing of pictures and contemplations. In India, the e-commerce market is booming and an ever increasing number of Indians are getting online…
Complete end-to-end Digital India Payments Ecosystem
Digital revolution is the new ubiquity India is currently focusing on. As rightly said by Dilip Asbe, MD & CEO of NPCI, “We have a government that is focused on…
To accomplish the goal of financial inclusion, the government is promoting Digital India Payments. Banks and fintech companies are adopting new technologies for super-fast transactions, incentivising digital payments and using…
Seeing banking as an establishment for human advancements may appear to be an abnormal frame of mind now. One may state that 99% of the general public views banking as…
Digital Retail: The Future of Indian Retail Sector
Technology is changing the things we once underestimated quicker than any time in recent memory. Digital wave is disturbing businesses universally. Digital disruption is accelerating development and changing conventional industry…
However, the success of digitization crucially depends on its adoption by the majority of the population living in far-flung rural areas. Without that, the result might be islands of the…
In India, mobile penetration is almost 100%. Also, mobile shopping is on the rise, and many retailers are looking for new ways to let people pay in-store using their mobile phones.…
The Digital India initiative, along with the JAM (Jan Dhan-Aadhaar-Mobile) trinity, is today the centrepiece of India’s development and inclusive growth efforts which started 4 years back with an ambitious…
The reason why people prefer cash is that it’s the fastest way to transact, assures exact payments and doesn’t require dependence on internet or other related infrastructure, still the government…
In a major initiative to ease the tax system of the country, the government of India launched GST on July 1, 2017, the country’s biggest indirect tax reform since the economy…
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