transactions
- India
Delhi HC issues notice on PIL seeking cashless transactions acrossall India Post offices
New Delhi: The Delhi High Court has issued a notice to India Post on a plea seeking the introduction of QR-based or digital payment facilities across all postal offices to prevent over-charging…
- Technology
UPI transactions volume surge 56 pc, average ticket size drops 8 pc: Report
New Delhi: The number of Unified Payments Interface (UPI) transactions witnessed a staggering growth at 56 per cent (year-on-year) in the second half of last year (H2 2023), with the volume being…
- News
Kuwait halts transactions for anyone indebted to ministry
In a bid to safeguard public funds, the ministry of interior (MoI) in Kuwait has announced the suspension of all transactions for individuals with outstanding debts owed to the ministry. This directive,…
- Business
Crypto market saw illicit transactions of USD 70 billion in 5 years: Report
New Delhi: The cryptocurrency market witnessed nearly $70 billion worth of illicit transactions in the last five years, a new report said on Tuesday. According to data presented by AltIndex.com, illicit crypto…
- India
Aadhaar authentication surges with 1.96 billion transactions in April 2023
New Delhi: Aadhaar holders executed 1.96 billion authentication transactions in April 2023, a jump of more than 19.3 percent over April 2022, highlighting the growing usage of Aadhaar and growth of digital…
- India
Do customers have to pay transaction fees for UPI payments?
The National Payments Corporation of India (NPCI) has announced that beginning April 1, an interchange charge of up to 1.1% would be levied on merchant UPI (Unified Payments Interface) transactions. According to…
- Business
Aadhaar usage records growth, 25.25 crore e-KYC transactions in Sep
New Delhi: Aadhaar adoption and usage continued to record growth as during the month of September, 25.25 crore e-KYC transactions were executed through Aadhaar — almost 7.7 per cent jump in such…
- Business
SBI says it’s not a nodal bank for Russia-related transactions
New Delhi :The country’s largest lender, State Bank of India (SBI) on Thursday clarified that it has not been identified as a nodal bank for handling Russia-related transactions. The clarification by the…
- Technology
NFT transactions to reach 40 mn globally in 5 yrs amid scam threats
New Delhi: The global number of non-fungible tokens (NFTs) transactions is likely to rise from 24 million in 2022 to 40 million by 2027, a new report said on Monday, cautioning the…
- Andhra Pradesh
Andhra Pradesh pays 1422 crores in power dues as first LPS installment
Hyderabad: The National Power Grid Operator forbade Andhra Pradesh to buy and sell on power exchange platforms, stating a failure of clearing arrears to APEPDCL, APCPDCL and APSPDCL, regardless of the fact…
- Technology
Coinbase sold software to US authorities to track crypto transactions
San Francisco: Cryptocurrency exchange Coinbase has provided sophisticated tools to the US Immigration and Customs Enforcement (ICE) agency to help it track transactions across Bitcoin, Ether and other cryptocurrencies. According to a…
- Technology
BYJU’s says will file financial results for last 2 years this month
New Delhi: After reports surfaced that edtech giant BYJU’s, last valued at $22 billion, is yet to file its financial statements for FY21 and FY22, the company said on Wednesday that it…
- Technology
Biometric remote mobile payments to reach $1.2 trillion globally by 2027
New Delhi: The value of biometrically authenticated remote mobile payments is likely to reach $1.2 trillion globally by 2027, from $332 billion in 2022, a new report showed on Monday. These transactions…
- Business
SBI increases limit on IMPS transactions to Rs 5 lakh
New Delhi: The State Bank of India has increased the limit on IMPS (Immediate Payment Service) transactions from Rs 2 lakh to Rs 5 lakh. IMPS, offered by National Payments Corporation of…
