With WeChat and Hike Messenger already launching UPI-based payment apps, other big players may foray into the digital payments scenario soon

The digital transactions can be made via an app-based solution through smartphones, and also by installing a device which will accept payments through all digital wallets, debit and credit cards

The integration of Unified Payments Interface for Uber cabs will allow users to pay for rides using UPI enabled apps like BHIM

With Hike Messenger and WeChat already launching their e-wallets in India, WhatsApp's entry into the digital banking market will see a rise in competition among messaging apps backed e-wallets

The service charges on booking of railway tickets via cashless methods has been waived off till September 2017

The presentation detailed how digital payments in the country were transforming the Indian economy

The National Payments Corporation of India has been approached by Nepal and Bhutan for a collaboration related to using of digital payments service

After the country's largest lender waived charges for fund transfer of up to Rs 1,000 done through Immediate Payment Service (IMPS), State Bank of India will cut charges on electronic transfer of funds through National Electronic Funds Transfer (NEFT) and Real-time Gross Settlement (RTGS) by up to 75 percent from July 15

For IMPS, charge will be Rs. 5 along GST for fund transfer in the range of Rs 1,000 to Rs 1 lakh. The charge will go up to Rs 15 for transactions of Rs 1-2 lakh

National Payments Corporation of India said that Google has completed the testing of its Unified Payments Interface payment service and is now awaiting RBIs approval to launch its service in India

Following Hike Messenger, many other messaging apps are expected to launch their digital payments services later this year

To incentivise payments made through digital modes for booking of reserved tickets, online through IRCTC, have extended the waiver on service charges

The ATM card hack incidents and the attacks on India's websites are indicators of the increase in cyber threats as India is slowly shifting towards a cashless economy

Micro ATM, in the most basic terms, is a card reader and PIN Pad device to do banking transactions in remotest locations where there are no bank branches because of connectivity issues, and other unfavourable conditions

Instead of standing in long queues for hours, Delhi Metro commuters can now get their tokens and smart cards recharged using Bharat Quick Response (QR) code through mobile banking applications

The Government eMarketplace is the one stop e-portal for goods and services to be supplied to all ministries

Merchants and traders will have to adopt digital methods to pay GST amounting to more than Rs 10,000

This cashless service, currently active in all six Token Vending Machines and Recharge Card Terminals (RCTM) at Lal Quila Metro Station, will subsequently be extended to 36 such machines installed on the Delhi Metro's Heritage Corridor (ITO-Kashmere Gate) of Violet Line

There is an undeniable momentum in the transition towards digital payments solutions. In fact, a lot of goods and services can now be purchased with just your bank details and an internet connection