Topic: Digital payments
50 nations promised cash to fight Covid. Few, like India and Bangladesh, are doing it right
India’s trinity of Jan Dhan, Aadhaar, and mobile communications — or JAM — can work wonders if it is used extensively to reform citizen–state engagement.
Modi’s demonetisation will be of use during the coronavirus lockdown
Modi govt's overnight, ill-conceived, egotistic decision that left lakhs of people jobless and paralysed India’s informal economy 3 yrs ago may just give some returns.
‘Pay safe, stay safe’: Modi govt encourages digital payment amid coronavirus scare
The move comes at a time when India has reported 169 coronavirus cases and the government is trying to encourage social distancing to curb its spread.
UPI’s rapid growth proves India can build world-class payments infrastructure from scratch
Three years ago, even banks did not give Modi govt's Unified Payments Interface much odds of success. Now, UPI is one of the fastest-growing payment platforms in the world.
Three years after demonetisation, survey finds people still prefer cash payment
Survey, released by LocalCircles Friday, also found that contrary to Modi govt’s intentions Rs 2,000 note has made it easier for people to keep cash in stock.
You can’t coerce India to adopt digital payments. Here’s what Modi govt should try instead
Those who invested in or built standalone payment firms might be regretting because Modi govt’s move to remove MDR has harmed their business model.
Paytm, PhonePe, Amazon, Google help push UPI payments past 1 billion transactions
UPI has now surpassed 100 million users, thanks to booming smartphone use and wireless data rates among the lowest in the world.
Google plans to expand digital payments in India with Spot
Alphabet Inc.’s push for digital payments in India ties in with the Modi govt's efforts to use mobile technology to connect rural residents to the banking infrastructure.
RBI says all data processed outside India will have to be brought back within 24 hours
The RBI said in its FAQs that after processing, data regarding payments shall be stored only in India & the complete end-to-end transaction details should be included.
Smartphones are the new credit cards as digital payments give cash a run for its money
More Indians are using their smartphones to make payments than swiping their debit and credit cards at stores.
PM Modi has shown decisive leadership in fight against coronavirus: BJP youth leader
The nationwide lockdown has united the resolve of 1.3 billion Indians to undertake sacrifices to defeat the coronavirus.
Is India’s coronavirus lockdown leading to stress in families or strengthening relationships?
The 21-day nationwide lockdown due to coronavirus has led to people working from home and thus, spending more time with their families and partners.
Defence
In a first, Army deploys medical team at civil coronavirus quarantine camp in Delhi
The Indian Army has so far only been operating out of quarantine camps set up by the armed service for coronavirus patients.
Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less
Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.