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Nippon Telegraph and Telephone : NTT DATA agrees to acquire a majority share of GHL Systems Berhad for further expansion of payment business among ASEAN countries

May 27, 2024 NTT DATA Japan TOKYO - May 27, 2024 - NTT DATA, a global digital business and IT services leader, today announced that NTTDATA.

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Cash Deposit Via UPI Is Now Allowed In ATMs: Debit Card No Longer Needed? - Trak in - Indian Business of Tech, Mobile & Startups

Cash Deposit Via UPI Is Now Allowed In ATMs: Debit Card No Longer Needed? - Trak in - Indian Business of Tech, Mobile & Startups
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

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Will UPI cash deposit facility render debit cards irrelevant?

RBI s decision to allow UPI for cash deposits at ATMs may render debit cards irrelevant as mobile payments surge. Debit card usage has stagnated, while mobile payments have more than doubled in the last three years, according to RBI data.

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aeps frauds: Aadhaar frauds: RBI ready with masterplan to curb Aadhaar-enabled payment system (AePS) scams

AePS has emerged as one of the most popular payment systems, especially in rural areas in the last few years. At present, 35 commercial banks, 40 rural banks, and 52 cooperative banks offer an Aadhaar-enabled payment system, according to the NPCI website. However, the system has been plagued by issues such as lack of infrastructure and security risks. Currently, there is no two-factor authentication on the Aadhaar-enabled payment system.

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CBDC: Has RBI monetary policy injected a new life into the digital currency?

RBI Governor Shaktikanta Das said in his monetary policy speech that the Central Bank Digital Currency would be pre-programmed for specific use cases. Moneycontrol spoke with experts to glean insights into how this would work

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