Tag "Demonetisation"

80% SMEs Anxious About GST Post Demonetisation

by January 24, 2017

While the ambiguity continues over the GST roll out dates and rates, SMEs and Startups have already started feeling anxious on GST. A National Toll Free GST Helpline (1800 103 …

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Government Blinks, Extends Transaction Charge Waiver on Debit Cards

by January 9, 2017

This waiver was effected during December at the peak of demonetisation challenges being faced by the public and to give a fillip to government’s demonetisation drive. However, come 2017 and …

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Is Cashless India A Sweet Dream or A Nightmare?

by January 2, 2017

India’s hesitation in going completely cashless is likely to give cybersecurity avengelists more time to develop technologies that eliminate the risks involved in digital transactions.

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Demonetisation: Network Outages Mar Digital Payments Push

by December 12, 2016

While this whole talk about making digital payments sounds very hunky dory, the ground reality for people making the digital transition is anything but satisfactory. With unending queues before banks …

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Can IoT Ease Our Demonetisation Pain?

by December 9, 2016

Internet of Things, fondly called IoT, is the word of mouth of every technology evangelist these days. IoT is typically a maze of “smart” devices which are independently connected to …

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Demonetisation: FM Arun Jaitley Announces Incentives For Using Digital Payment Platforms

by December 9, 2016

# Railway tickets booked online will get 10 lakhs insurance cover free (Currently charge of Rs.0.92 per person will be waived if made digital payments). # One lakh villages with population …

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Demonetisation Fallout: Surviving in a Cash-Starved India

by December 5, 2016

So the bombshell was dropped at the stroke of midnight in what is being increasingly called India’s 9/11 moment. The government in one stroke sucked wealth out of the thriving …

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Paytm Registers Strong Growth in Mobile Recharges as Offline Market Shifts Online

by November 30, 2016

Paytm has registered a strong surge in online recharges on its platform post the government’s move to demonetize Rs. 500 and Rs. 1000 notes. As millions of new consumers tried …

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Getting a Quick Finance on Card Swipes During Demonetisation

by November 28, 2016

Capital Float, a digital lending platform to SMEs in India, has partnered with Point of sale card machine vendors to provide merchants quick and easy access to loans during demonetisation. …

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Demonetisation: Prime Minister Modi Exhorts Rural Masses to Take To Digital Wallets

by November 28, 2016

Speaking at an election rally in UP yesterday, Prime Minister Modi again requested people to support his demonetisation move and remain patient for a few more weeks. He asserted that …

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Earn 7.25% Interest on Savings Accounts With Airtel Payments Bank

by November 25, 2016

Giving further impetus to the digitisation of economy and payments, Airtel launched its payments bank services as a pilot project in Rajasthan. Conceived as a brainchild of former RBI governor, …

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Demonetisation: Debit Card Charges Waived Off Till 31st Dec, But What About Credit Cards?

by November 24, 2016

It took 14 days for the government to realise that people with bank accounts, even those having debit/credit cards, need to have the debit card charges waived off before they …

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Demonetisation: Why Should People Suffer Because of Non-Standardised ATMs?

by November 22, 2016

Continuing long queues outside banks and ATMs due to demonetisation have led the Supreme Court to warn of riots breaking out in the near future unless the government comes up …

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Currency Note Ban: Why the Unbanked Are Not Yet Ready for Digital Payment Platforms

by November 18, 2016

Let’s face it. India is a predominantly cash-based economy. Before the Prime Minister’s Jan Dhan Yojana was launched, less than 15% of the population was connected to the mainstream economy …

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Why Paytm Karo is not an option for every Indian

by November 13, 2016

The latest advertisement by Paytm which urges people to use their wallet service is nothing but a mockery of the Indian economic system. According to the advertisement, the domestic help …

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Demonetisation Fallout: Evolution of Banking Technology For Direct Credit Through ATMs

by November 11, 2016

Manjunath Rao – Sr. VP & Head of Sales, CMS Infosystems CMS Info Systems (http://www.cms.com/) has deployed 4500+ cash recyclers for India’s largest bank, SBI & others. CMS has entered into …

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