Though the present generation may be accused of being spend-thrifts, our basic upbringing makes even the most extravagant among us to be extra-cautious when it comes to money transactions. However, ever since cashless transactions came into being, many people have started facing problems due to technical glitches. Generally, if something goes wrong in the process …
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March 11, 2018Chief Secretary VC Pharka stressed the need for providing online facility to all the Drawing and Disbursing Officers (DDOs) of the state during the next four years so as to ensure cent-per cent cashless transactions. He emphasised upon to reducing the number of DDOs, which is more than 4,400. Launching the World Bank aided ‘HP Public …
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August 31, 2017In a bid to encourage cashless transactions, more than 10 thousand bank accounts were opened in the city during the 100-day long "Digi Dhan Mela" organised by the Chandigarh Administration. Disclosing this on the culmination of Digi dhan melas, deputy commissioner Ajit Balaji Joshi said more than 20,000 people from across the city participated in …
Continue reading "10,000 bank accounts opened in Chandigarh post note ban"
April 14, 2017Haryana Chief Minister Manohar Lal Khattar on Thursday batted for making available facilities for cashless transactions at religious places. He also pitched for offering milk and food items to the deities in packets so that it could be further distributed to the needy people. His remarks came during a visit to the Mata Mansa Devi Shrine …
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March 30, 2017At a time when cyber threats are on the rise for banks for increasing cashless transactions and effects of demonetisation, insurers see rise in demand for cyber insurance and cyber liability insurance, in particular. This is despite the fact that the industry base for cyber insurance is currently as low as Rs.60 crore. There are …
Continue reading "Banks rush to buy cyber security cover as digi payments rise"
February 12, 2017The state-owned Indian Oil Corp (IOCL) has launched cashless transactions in India's Northeast for LPG distribution, an official said on Friday. The cashless mode for cooking gas distribution was started here but it will be gradually extend to all the other Northeastern states, the official added. The new system came into practice on Thursday in …
Continue reading "LPG: Indian Oil Corporation now cashless in Tripura"
January 13, 2017The state-owned Indian Oil Corp (IOCL) has launched cashless transactions in India's Northeast for LPG distribution, an official said on Friday. The cashless mode for cooking gas distribution was started here but it will be gradually extend to all the other Northeastern states, the official added. The new system came into practice on Thursday in …
Continue reading "LPG: Indian Oil Corporation now cashless in Tripura"
January 13, 2017The youth wing of city BJP has urged hotel owners to promote cashless transactions among customers and encourage them to make payment using mobile wallets and other electronic devices. Pushing for cashless transactions in the hospitality sector, Mohit Kamboj, President of Bhartiya Janta Yuva Morcha (BJYM), Mumbai unit, has written a letter to the Hotel …
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January 12, 2017In an attempt to give a big push to cashless transactions, the Unique Identification Authority of India (UIDAI) will shortly roll out the Android-based Aadhaar enabled Payment System (AEPS) application, said officials. Developed in collaboration with TCS, the application can be downloaded by the merchants, who will need a smartphone and a fingerprint scanner to …
Continue reading "Aadhar enabled payment system to be rolled out shortly"
December 10, 2016