Digital News

PhonePe Launches Indus Appstore To Take on Google Playstore

PhonePe launches made-in-India Indus Appstore to take on Google, Apple playstore : Walmart-owned payments company PhonePe Wednesday launched its mobile app marketplace Indus Appstore for users, in an attempt to rival Google Play Store and Apple App ...

UPI Highest Transfer Limit for Hospitals, New Rules

Digital Banking

UPI highest transfer limit for hospitals and other similar services - NPCI has revised the new fund transfer limit for hospital payment through UPI. The new limit under the merchant category has been revised to Rs 5 Lakhs. Reserve Bank of India has ...

MeitY Blocked LazyPay, IndiaBulls Home Loans, Kissht Apps

Digital Banking News

MeitY blocked LazyPay, IndiaBulls Home Loans, Kissht digital loan apps including another 230+ including 138 betting and gambling websites and 94 loan apps, which were engaged in illegal money laundering and were posing threat to financial security. ...

How to Use QR Coin Vending Machines ?

Digital Banking

RBI has introduced a QR Coin vending machine, which will dispense coin after scanning the QR code and debiting the linked bank account using UPI. This new facility will be launched first in 12 selected cities. The QR Code-based Coin Vending Machine ...

Kerala Becomes First Fully Digital Banking State in the Country

Digital Banking

Kerala Becomes First Fully Digital Banking State in the Country - The Kerala Government has declared to enable digital banking in all eligible accounts. Thrissur become the first district in the State to implement digital banking under the ...

Google Wallet Launched in Six More Countries

Digital Banking News

Google Wallet Launched in six more countries. The Google Pay was renamed as Google Wallet at Google I/O 2022. The six new countries where Google Wallet is launched are South Africa, Serbia, Moldova, Azerbaijan, Qatar, and Iceland. Now Google Wallet ...

What is MDR on UPI Services ?

Digital Banking

MDR on UPI Services - The Union Ministry of Finance has made it clear that there will not be any consideration in the government to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through ...