He showcased a Chinese parking system where a physical barrier automatically pops up to "trap" the car in its spot if the driver has not paid the required fee.
If you are travelling to Bali, you can now use a single digital wallet linked to QR codes for payments at restaurants, shops, and attractions. The new Tourist Travel Pack simplifies checkouts, makes beach days more enjoyable, and eases your experience in local hubs.
Dubai's Department of Finance (DOF) has announced a partnership with Crypto.com to process payments for government services in the emirate. The step aligns with the Dubai Cashless Strategy that aims to digitise 90 percent of all transactions recorded in the region.
For a cashless economy to thrive, transactions must be affordable. Unlike credit card transactions that incur fees for merchants, UPI payments are either free or have minimal charges, making them much more accessible to small and medium-sized busines
External Affairs Minister S Jaishankar drew an analogy while describing the country's growth in digital public infrastructure and said that the number of cashless transactions the United States does in three years, India does in a month.
India is moving ahead to record the largest number of cashless transactions in the world, External Affairs Minister S Jaishankar said today at the 'Raisina@Sydney' Business Breakfast.
As the use of cash has decreased in recent years, Denmark has had its first year without bank robberies.
UPI and other non-cash payments will account for 65 percent of all the transactions by 2026, estimated a report by BCG and PhonePe. The report also said that the digital payments industry will be provide $10 trillion (roughly Rs. 7,75,40,800 crore) opportunities in next four years.
Prime Minister Narendra Modi on Monday, August 2, launched e-RUPI, a digital payment solution powered by the government’s UPI platform. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
The coronavirus outbreak may finally accomplish what India's shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.
Even more than three years after demonetisation and all-out efforts to make most transactions through electronic, cash is still king, as it thrives in a digital India, said fintech start-up Paytm founder Vijay Sekhar Sharma.
FASTag, the system that uses radio frequency identification (RFID) technology to enable cashless toll payments, comes into force today. The prepaid tag, which is affixed on vehicle's windscreen and enables automatic transaction at toll plazas, is designed to bring a seamless experience for commuters.
India's first Radio Frequency Identification (RFID) fuel payment solution, HP Fastlane has expanded its operations to Pune, having established presence in Mumbai, Navi Mumbai and Thane regions in Maharashtra. The initiative has been made in collaboration of Hindustan Petroleum Corporation Limited (HPCL) and AGS Transact Technologies Limited (AGSTTL), wherein the app-b...
Giving a fresh push to digital transactions, Prime Minister Narendra Modi this morning in his Independence Day address gave the motto of "yes to digital payment, no to cash".
The GST Council today cleared a proposal to offer cashbacks to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.
India is aiming to be a digital economy and a less-cash society. But the aim of digital transactions for curbing corruption and ensuring transparency can be fully achieved only when citizens in the remotest corners of the country are able to carry out cashless transactions.
"India will make credit cards, debit cards and ATMs technologically redundant in next 3-4 years and we all will be using mobiles for doing many transactions," Kant said.
In Misirpur -- the first cashless village in Prime Minister Narendra Modi's Lok Sabha constituency Varanasi -- life has come a full circle for Asha Devi. The 70-year-old became a media celebrity last year, posing with and even using a Point of Sale Machine, better known as a swipe machine, egged on by eager bank officials.
The 'silk and milk' village of Vondaraguppe, in Karnataka's Ramanagara district, is going cashless. Or at least that is the aim as part of the central government's push toward a digital, cashless society. The reality is that while many are enjoying the advantages of digital transactions -- including dairy farmers and pensioners -- it isn't quite so easy to say goodbye...
Ranging from the digital wallets to SMS cash transfers, a wide variety of payment options are available for SBI customers.
The device resembles a calculator and will be helpful for a wide range of traders as the merchant does not need an internet connection to use it
Madhya Pradesh achieved the top rank on the basis of 109 key performance indicators
The MoU between the state government and SBI will facilitate revenue collection from citizens through digital modes of payment
A joint study by a global financial major and Roubini ThoughtLab concluded that four of India's biggest metros could gain immensely by shifting to digital modes of payment
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As Delhi-NCR's toxic air sparks warnings for children, the elderly and those with respiratory illness, veterinarians and animal welfare groups are flagging a quieter crisis unfolding among pets and stray animals.
As congestion and pollution continue to choke the national capital, the Delhi government is considering a combination of tougher enforcement and incentives for cleaner mobility.
Chemists say the rise in pollution every year in Delhi translates into a higher demand for eye care and respiratory products and medications.
Tesla showcases Model Y's HEPA filter in a bubble test against BMW X3, highlighting superior Bioweapon Defense Mode and advanced air purification technology.
In the directive, Gurugram Deputy Commissioner Ajay Kumar asked private offices to continue the work-from-home arrangement until air quality improves and further orders are issued.
The national capital continued to reel under heavy smog on Monday morning, with air quality levels remaining in the "very poor" category and several areas slipping into "severe" pollution levels.
The air quality in the national capital was recorded in the 'very poor' category on Sunday morning with an overall Air Quality Index (AQI) reading of 377, according to the Central Pollution Control Board (CPCB).
People shopping in Delhi's South Extension and Connaught Place were surprised to see several Santa Clauses walking through the markets wearing gas masks.

