Role of Digital Economy in India’s Growth
With the technological advancements of recent years, online transactions have become the preferred means of payment, whether to buy / sell something or transfer money from one bank account to another.
Is It Secure to Use an Online Payment Method for Cash Deposit Transactions?
With the technological advancements of recent years, online transactions have become the preferred means of payment, whether to buy / sell something or transfer money from one bank account to another.
Difference between Digital Money and Credit Cards
To improve digital transactions security, the Reserve Bank of India has made it obligatory for all digital wallets to follow KYC regulations in India. In the past, prepaid payment tools (PUPs)
KYC Standards for Digital Payments
To improve digital transactions security, the Reserve Bank of India has made it obligatory for all digital wallets to follow KYC regulations in India. In the past, prepaid payment tools (PUPs)
Methods to Transfer Money Online
With the advancement of technology, almost every task is now available online. People, nowadays, get barely any leisure time to work on other things, besides their daily routine works.
The Rise In Digital Payments- In India And The World
As stated in a report by NPCI (National Payment Corporation of India), there has been a significant rise in digital transactions in India.
Benefits of Going Cashless
Demonetization has boosted up the cashless system. The initial trouble, however, has created many concerns along the way. People have started to think about whether online transactions will give them convenience or add to their problems?
Different Means Of Contactless Transactions
After demonetization and Covid-19, people have started adopting cashless transactions. There has been an increase in the trend towards digital payments among people.
Why Should Cash be Replaced with Digital Transactions?
Nowadays, cashless transactions are being promoted a lot across the country. The government is also engaged in propaganda to promote digital transactions.
The Necessity Of Digital Payments In Cashless Economy
Cashless payment was not a preferable mode of payment in India before demonetization. However, some employed people, company executives, and business classes were definitely using credit cards or debit cards for cashless transactions
India's Approach Towards Digital Transactions
UPI transactions have just doubled since March 2020. Innovation will change further in the coming 5 years. India has additionally left behind China and America as far as digital transactions are considered.
Cashless Economy- Better Digital Security
Generally, a cashless economy simply means buying and selling without paper currency. The belief behind calling it plastic money is that all the means
Want To Recharge Mobile Online?
Nowadays, people prefer to charge their mobile phones digitally without leaving their comfort zone. They prefer it because mobile digital recharging eliminates the need to go to the nearby recharging center.
Difference between AePS Service and UPI Transaction
AePS stands for Aadhaar Enabled Payment System, and UPI stands for Unified Payment Interface.
Advantages of Aadhaar Enabled Payment Services
Aadhaar Enabled Payment Services (AePS) is a payment mechanism through which an Aadhaar cardholder can perform banking transactions.
How to Recharge DTH Through Zambo- Website Portal and Mobile App ?
Zambo is one of the leading companies in India providing services such as online recharge, bill payments, and other online services.
Instant Money Transfer Using A Smartphone!
There may be an instantaneous need for money because of unwarranted expenses. But don't worry! You are not alone in any censorious scenario when your smartphone is with you.
Top Reasons to Prefer Recharging Online
Once we used to go to the counter of the ‘recharge wale ki dukaan’ and ask for recharges and new offers. The shopkeeper would show the big chart hanging on the walls or may recommend us to recharge
A Mobile Wallet Is More Than Just A Wallet!
Mobile wallets could be regarded as an essential marketing platform for trading. These are substantial communication channels and can know and utilize the physical location of users using
Zambo Digital Wallet – A New Way Towards A Cashless Future!
Many a time, you must have run out of cash standing at the cash counter of some grocery shop, or restaurant, thinking of how to make the payment. Let’s do it in the simplest way!
Present Scenario and Future of Cashless Transactions
The journey of India to create a digital financial foundation was described by a coordinated effort between the government, the regulator, banks, and fintech.
Digital Transactions Taking Over The Cash
Because of the spread of COVID-19, organizations and buyers are getting away from utilizing the cash for payments as it is viewed as an expected transporter of the infection. Nevertheless, for every day’s needs of grocery and daily use commodities
Digital Transactions - Belief, Experience & Future
Our nation is riding on a new wave of digitized services and payments, signifying a groundbreaking process profoundly situated inside which transactions are done by people and ventures in India. According to the report from Google, Boston
2020 - A Digital Payment Promotion Year
It was the year 2020 when a pandemic struck the normalcy of human life. From this point forth, we needed to change how we associated, worked, and even paid. . So forth, we will analyze how Covid-19 affected people’s payment propensities
The Changing Trend for Bill Payments
In the past few decades, we all used to stand in long queues, even during summer when the scorching sun used to remain right above us, to make payment of those mandatory bills without which we can’t even think of spending a single day.
Instant Money Using Smartphone
Due to unwarranted expenses, there may arise a sudden need for money. But don’t worry. If you have your smartphone with you, you can tackle any critical situation.
What is an Aadhaar Enabled Payment System (AePS)?
Aadhar Enabled Payment System (AePS) is one of the payment systems introduced by the National Payments Corporation of India (NPCI) to stimulate cashless transactions in India.
Different Payment Modes of Cashless Transactions
NITI Aayog recently said that 'the hassle of debit, credit cards and ATMs, etc. will end in the coming 3-4 years and there will be a significant increase in online payments and receipts'
Challenges Faced in Cashless Transactions
That form of economic system in which most of the money transactions are done through electronic modes, including credit card, debit card, net banking, mobile payment, and more, is called a cashless economy.
What Is Known by the Term NEFT and How Does It Process?
NEFT, the full form of which is National Electronic Funds Transfer, set up and controlled by the Reserve Bank of India in 2005, is an electronic fund transfer approach being processed among the NEFT-enabled services’ banks.
Understand the Real-Time Gross Settlement (RTGS)
Real-Time Gross Settlement, i.e., RTGS, is a money transfer system through which funds can be transferred from one bank account to another in real-time. Let us understand the features of RTGS
The Journey with Zambo from cashless to cardless payments
In the Zambo portal, you can instantly transfer money directly from your bank account without any details like account number, IFSC code, or OTP. The superfast method of payment offered by Zambo
Points To Remember While Making Digital Payments
Online shopping has changed our shopping methodologies. But with the rise in popularity of the online shopping medium, there has also been an increase in financial fraud and risk. Therefore, it is very important to use your money online wisely to avoid fraud.
Merits And Flaws Of Digital Transactions
Since demonetization, the country is continuously moving towards a cashless system. Although the initial trouble had created many concerns in this path, now slowly people are also getting used to digital payments and the regulator is also removing the hurdles in this path.
Everything That You Should Know About E- Payments
In this article, we will know what e-payment is. The facility of e-payment is available in all the e-Commerce websites from which you shop or use POS Machines. If you want all the information related to the e-payment system, then this article is very important for you.
Future Of Digital Transaction For Coming Generation
The eventual fate of cash is imagined as a digital heaven by many. A world wherein all monetary transactions are brought out simply through non-simple means – an authentic digital economy.
Peculiarity Of Digital Transactions
Online transactions, cashless payments or you can say digital payments enable a customer to make monetary (financial) or non-monetary (non-financial) Transactions online by means of the internet.
Merits And Demerits Of Online Transactions
It seems almost impossible to imagine our lives without online transactions. If we go shopping or for lunch or dinner we see people around us making online transactions to the merchants or transferring money from their bank account to some other bank account.
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