Union Minister Ashwini Vaishnaw on Monday said the Centre will be introducing PAN 2.0, touted as an upgrade to Permanent Account Number (PAN), which serves as a unique taxpayer identification number. PAN 2.0 will be an advanced iteration of the country’s PAN system, aimed at streamlining business and citizen-centric operations. The PAN 2.0 Project is … Read more
Last month MobiKwik launched its new feature ‘Pocket UPI’ through which it aims to transform how users handle their finances and perform Unified Payments Interface (UPI) transactions. For digital payments, you either use UPI linked to bank accounts or linked to the wallet. Pocket UPI enables users to carry out instant UPI transactions via their … Read more
Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more
IndusInd Bank on Tuesday launched its UPI-enabled IndusInd Bank Samman RuPay Credit Card, in association with with National Payments Corporation of India (NPCI) especially for government sector employees. The cards have been launched for government sector employees to provide them with a range of exclusive benefits and enhance their overall banking experience. The Samman RuPay … Read more
Daily life in China follows a rhythm of digital check-ins, with the QR code — at offices, malls and transport hubs — an integral defence against Covid-19 that helps to track, trace and isolate patients. Now the country where the coronavirus was first detected is launching a digital “health passport” for its 1.4 billion population … Read more
NEW DELHI: Facebook owned messaging giant WhatsApp said on Thursday that WhatsApp Business users have found tremendous value in the platform during the lockdown in India and it is now getting more than 15 million users on the app in the country every month. Globally, WhatsApp said it has more than 50 million people using … Read more