Shine Jacob & Karan Choudhury highlight the red flags raised by the Controller General of Accounts.
SBI Cards on Tuesday launched a credit card especially meant for transactions on e-commerce websites.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
Electronic transactions are rising fast, so are cases of payment failure and delayed settlement. One needs to be proactive.
More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
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