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Facebook, ATMs for transferring money? It's instant, safe

Fund transfer through Facebook is meant for tech-savvy customers. A group of friends are having dinner at an upmarket restaurant. During which, they post pictures of one another, the food and the......

RBI to simplify KYC norms

The Reserve Bank of India (RBI) will soon come up with guidelines to simplify know-your-customer (KYC) norms and to make Aadhaar the proof for address and identification."In the next few days, we......

ICICI Bank to charge for fund transfer over mobiles

Leading private sector bank ICICI Bank will charge its customers Rs 5 per transaction from next month for transfer of funds over mobile phones, a service available for free as of now.The fee for......

Mobile banking, cash at PoSales remain dismal

Banks have shown little progress in the areas of mobile banking and cash at point-of-sales (PoS) terminals, even after nearly two years of the Reserve Bank of India (RBI) allowing banks to run such......

How to carry out mobile banking

Heard about mobile banking? "Yes," pat comes the reply from Mumbai-based Supriya Pandit.She was issued a Mobile Money Identifier by her bank, two months back. But the 30-year old graphic designer......
  Web results for Interbank Mobile Payment Service
NPCI's National Financial Switch Achieves Milestone with 100 Direct Member Banks

NewsVoir 2016-12-07 National Payments Corporation of India (NPCI) is pleased to announce that 100 banks have joined the National Financial... ...

http://www.bizwireexpress.com/showstoryNewsVoir.php?storyid=4467
5 Startup Stories That You Don't Want To Miss This Week [28 November 3 December]

At the 2016 Amazon Web Services (AWS) re:Invent conference in Las Vegas, Amazon unveiled the first three services of the Amazon AI portfolio... ...

https://inc42.com/buzz/news-roundup-108/
An idea that is not as difficult as you may think

A lot has been written about the push towards Cashless Society and how everyone needs to embrace the concept to weed out corruption and black money... ...

http://tech.firstpost.com/news-analysis/cashless-society-an-idea-that-is-not-as-difficult-as-you-may-think-350961.html
Govt working on Aadhaar-enabled payment method bypassing credit, debit cards

New Delhi: In a bid to achieve cashless economy, government is working on development of a common mobile phone app that can bypass payments through... ...

http://zeenews.india.com/personal-finance/govt-working-on-aadhaar-enabled-payment-method-bypassing-credit-debit-cards_1955152.html
Govt plans to replace debit and credit cards with Aadhaar-based app

Mobile phones will be used to authenticate biometrics of customers who use the Aadhaar-based app to make payments. The Centre is also developing... ...

http://www.ibtimes.co.in/demonetisation-govt-plans-replace-debit-credit-cards-aadhaar-based-app-706634

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Coming to India and making

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