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.
Banks have started charging customers for payment of credit card bills through cheque and so paying online makes more sense.
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.
Be careful if you find your postal mails/ bank and financial statements intercepted, pilfered or tampered with.
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.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
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
Aryan Khan was arrested on October 3. He is currently in judicial custody and lodged at the Arthur Road prison in Mumbai.
The company has tied up with Axis Bank as its merchant bank to facilitate card transactions in its cabs.
Unified Payments Interface launched to simplify mobile banking.
The government started promoting cashless transactions but forgot that it needs infrastructure.
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 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
Apple farmers say things have become difficult for them as these agents have not paid for their produce for the several years.
Used prudently, plastic money is among the most useful, powerful and non-polluting kind of plastic invented. Be smart with it!
It is suggested that you get your SIM locked with which the wallet account is mapped.
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
Processed diamond exports from India, which meets nearly 80 per cent of global demand, have been hit by the Iraq war and a deadly flu-like virus in South East Asia, industry officials said.
Once a stock market darling, the jewellery chain heads for liquidation.
Multiple levels of integrations with the bank servers are required for enabling transactions.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
The project, anchored by National Highways Authority of India in partnership with National Payments Corporation of India, is gaining momentum, with big banks such as ICICI and non-bank entities like Paytm have also entered the arena.
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