From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.
PhonePe has launched the 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC) aimed at digitising transit payments across India. The card enables quick, tap-and-pay transactions on NCMC-enabled services like metros, buses, and trains, even without internet connectivity.
India may have 500 million smart card users in the next four years if government came out with the notification on smart cards standardisation technology soon.
Delhi Metro Rail Corporation (DMRC) has launched top up (recharge) facility of Metro Smart Cards through approximately 800 such ICICI Bank Business Correspondent Network (Outlets), located across the national capital and NCR region.
The government on Monday said it proposed to issue smart cards in about a month's time and set up a 24-hour helpline for migrant Indian workers to protect them from 'exploitation'.
The scheme would check fake payments made under National Rural Employment Guarantee Act and ensure that the officials don't fudge the workers' wages, state rural development department sources said. Launched from Dharhar village of Paliganj area in Naxalite-hit Jehanabad district recently, the 'E-Shakti' scheme promises to cover each worker with smart cards carrying details about duration of work, the wage earned, photograph and registration number of the beneficiary.
Encore Software has entered into a strategic partnership with Datanet Systems Ltd to develop a unique application that will enable transfer of funds between two countries, using Encore's mobile, hand-held devices and Datanet's properietary smart-card
India is expected to embrace the smart card technology in a big way, with about 400 million people projected to use the cards that have in-built microprocessors by 2009.\n\n
Asia-Pacific countries are well set for an unprecedented boom in smart cards after the saturation of European and American markets, Claude Dahan, a senior official of French company, Schlumberger, said on Monday.
The function to launch the project was attended by Director General of the Railway Health Services, V K Ramteke, General Manager of Northern Railways Shri Prakash, Chief Medical Director of Northern Railway R N Tripathi and members of Railway Unions.
Driven by factors such as huge appeal for banking and retail applications and large-scale penetration of Internet and e-commerce, India's smart card market is set to touch $21.7 million by 2005.
India's largest IT-ITeS company, Tata Consultancy Services (TCS), is all set to launch its smart card solution that would enable banks to reach the remote areas and address their need for microfinancing.
Smart cards and other access technologies can help the president-elect overhaul the nation's infrastructure.
"Smart cards are a step towards financial inclusion. The idea is to inculcate banking habits among the poor," says Anita Ramachandra, director, rural development (self-help groups). The government is paying 2 per cent of the amount disbursed through smart cards to the banks to engage them in the initiative.
Sidda launches free bus travel scheme for women
Maharashtra transport commissioner Vivek Bhimanwar told PTI that the Porsche car was imported in March by a dealer in Bengaluru and from there it was sent to Maharashtra on a temporary registration.
The Karnataka government issued orders to implement the 'Gruha Jyoti' and 'Shakti' schemes.
A physics professor has applied science to suggest ways to help the country get rid of its ills and the result is a comprehensive and smart formula for social change.
Global credit card major Visa International on Friday unveiled its 'Visa Smart Program' in Asia Pacific region including India.
The Chhattisgarh government has decided to set up model fair-price shops (FPS) in each district and encourage owners to act as banking correspondents for providing financial services. The state has around 12,300 fair-price shops across 33 districts. The state government is, however, encouraging FPS owners to provide a host of services besides acting as a banking correspondent.
The PM targeted the Opposition after launching the National Sickle Cell Anemia Eradication Mission 2047 by unveiling a portal and releasing a guideline for the management of the disease and different modules at Shahdol in Madhya Pradesh.
The UIDAI asserted that the Aadhaar letter, its cutaway portion, downloaded versions of Aadhaar on ordinary paper or mAadhaar are "perfectly valid".
Last-mile verification with Aadhaar-Based Biometric Authentication have the worst record among other options available to check PDS pilferage. So the Centre's insistence on that option is bewildering, says Reetika Khera.
After being closed for over five months due to the COVID-19 pandemic, metro services will be resumed in three stages from September 7-12, but stations located in containment zones will remain closed.
Metro rail services were closed on March 22 in the wake of the COVID-19 pandemic.
With the Centre issuing guidelines for their resumption under Unlock 4, the rapid transit networks started operations in a graded manner in Delhi-NCR, Lucknow, Kochi, Chennai, Hyderabad, Bengaluru and Ahmedabad, but were still closed in Mumbai, Nagpur, Kolkata and Jaipur.
Mumbai Metro commuters get top-up facility.
The rise in commuters was also despite the state-run Mumbai Metropolitan Region Development Authority filing a petition against MMOPL on fare fixation.
Officials in the Transport Department said all permit holders of autorickshaws in the city were told in November last year to apply for smart card-based permits as part of the government's efforts to maintain proper records of the three-wheelers.Despite extending the date for applying for smart card-based permits several times in the last one year, over 10,491 permit holders failed to apply for the same.
Manish Khera, chief executive officer, Fino, tells Shriya Bubna that the smart card technology platform of Fino can help banks cut operational costs by one-third and MFIs, but connectivity remains an issue.
The Union Health Ministry said on Monday that the Co-WIN app on Play Store is meant for use only by administrators, and that registration and booking for appointment for COVID-19 vaccination has to be done through the portal.
The new discounted fares are Rs 10 (3 km), Rs 15 (8 km) and Rs 20 (20 km).
Vaccines provided to beneficiaries at the government health facilities will be entirely free of cost, while private facilities cannot charge the beneficiary a sum above Rs 250 per person per dose (Rs 150 for vaccines and Rs 100 as operational charges).
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.
Tata Consultancy Services TCS) said it has bagged a Rs 85-crore three-year deal for implementing smart card-based Financial Inclusion Solution (FIS) for Indian Bank.
The countrywide vaccination drive was rolled out on January 16 with the inoculation of healthcare workers, while the vaccination of the frontline workers started from February 2.
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