HDFC Bank UPI service: UPI has not only eliminated the need to carry cash but has also made transactions much easier and safer. However, this month, UPI will be unavailable in HDFC bank for two days, preventing people from using this service.
The Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.
The Reserve Bank of India (RBI) on Wednesday extended the timeline for the processing of recurring online transactions till September 30, 2021.
Thanks to the pandemic, the country has become the global leader in real-time financial transactions with 41 million transactions per day, which is more than double that of the last year, says an international report.
Cash-strapped Yes Bank has been put under moratorium by the Reserve Bank of India (RBI) and capped withdrawal limit for depositors to Rs 50,000 for at least a month, here's what a cash-strapped bank's customer must know.
NEFT transactions will now be available 24x7. Come December 16 and you will be able to enjoy the facility round-the-clock. In a bid to promote digital transactions, Reserve Bank of India (RBI) has made transactions possible under the National Electronics Funds Transfer (NEFT) system on all days of the year, including holidays.
Avoid making an online transaction while using public wi-fi networks, suggested experts.
While the government has been pushing people to go online when it comes to banking, the branch still continues to dominate banking channels in India
With the surge in digital transactions via e-wallets and other online payment gateways, mobile frauds are expected to grow to 60-65 per cent in the country by 2017, a leading industry body said on Monday.
New Delhi: Of the 369 million debit and credit cards in the country, only 10 to 15 percent are used for online transactions, the Reserve Bank said.India is one of the fastest-growing countries in the
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