Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.
A parliamentary panel has recommended replacing the word 'seamen" with 'sea-persons' in the Merchant Shipping Amendment Bill, which aims at governing the welfare of seafarers, to make the legislation gender neutral.
The Alibaba-backed company had introduced the fee on March 8 after it found multiple users using its platform to get free credit by using credit cards to top up their mobile wallets and then transferring the money back to their bank accounts at zero transaction cost.
It is possible that this experiment might see a rise in the Union government's cost incurred on tax concessions, without any increase in the tax base or coverage, says A K Bhattacharya.
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.
Terming demonetisation as an 'unplanned and unthought process', Vadra wrote, "The government seems to have reached its levels of desperation to overcome the initial blunder it created."
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
Banks have started charging customers for payment of credit card bills through cheque and so paying online makes more sense.
The Indian Navy rescued 26 people, including 11 Indians on-board a sinking merchant vessel with the help of an Italian warship after they were released by Somali pirates following a ransom payment. After being in captivity in Somalia since April last year, MV RAK Africana, a ship owned by captain Ajay Kotwal, could not sail out of the Somali coast on March 9 because of engine problems, Navy officials said.
Net1's chief executive and chairman Serge Belamant said the Indian government was interested in the biometric verification technology that the company has been using in South Africa.
The MV Suez's 22-member crew, including six Indians, were on Sunday transferred to a Pakistani warship when the Egyptian merchant vessel, which was recently released by Somali pirates after payment of ransom, began taking on water in the Arabian Sea.
Be careful if you find your postal mails/ bank and financial statements intercepted, pilfered or tampered with.
Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses
His investment in Paytm is in his personal capacity.
Hyderabad firm Digitsecure launches online and mobile social wallet platform that enables payments, money transfers between FB, BBM users.
Aryan Khan was arrested on October 3. He is currently in judicial custody and lodged at the Arthur Road prison in Mumbai.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
The customer needs to be in the proximity of 15 cm from the merchant terminal.
Recent defaults have made a section of traders contemplate moving towards promissory notes.
Alipay payment service is about bringing the world's consumers and businesses together.
The RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about 10,000) in the country.
Contactless card transactions can be up to three times faster than cash payments
Contactless card transactions can be up to three times faster than cash payments
Unified Payments Interface launched to simplify mobile banking.
Pichai said a whole new generation of technologies are happening in India first, and that people in the country no longer have to wait for technology to come to them. Investments, he said, will focus on four areas key to India's digitisation, including enabling affordable access and information for every Indian in their own language, be it Hindi, Tamil, Punjabi or any other.
The government started promoting cashless transactions but forgot that it needs infrastructure.
The company has tied up with Axis Bank as its merchant bank to facilitate card transactions in its cabs.
The draft rules underline security parameters that digital wallet companies, such as Paytm, FreeCharge and Mobikwik, will have to follow
Reducing it to 1.3% would lead to savings of Rs 70,000 crore over 5 years
Contactless denit and credit cards increases the ease and convenience of transactions.
In last two days, he has been able to receive Rs 600 to Rs 700 through the e-wallet service
Here's how you are most likely to get ripped off in cyberspace--and how to protect yourself.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
The value of transactions through debit and credit cards used at the PoS fell to Rs 64,200 cr in February
Here's why VCCs are the best options for credit and debit card holders for avoiding phishing and frauds
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