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Delay in issue of RuPay debit cards enervates PMJDY - The Hindu BusinessLine

Delay in issue of RuPay debit cards enervates PMJDY - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Jan dhanYerram rajuNational payments corporation of indiaPradhan mantri jan dhan yojanaRupay debitExecutive directorNational payments corporation

India s digital payment surge: UPI transactions soar in FY 2023-24

In the realm of digital payments, India has witnessed a monumental shift, spearheaded by the Unified Payments Interface (UPI). As of December 2023, UPI recorded a staggering 857 million transactions in the current financial year, a testament to its dominant role in India’s digital payment landscape, commanding an impressive 62 per cent market share in FY 2022-23. This surge in UPI transactions is a clear indicator of the country’s move.

Kehta haiPradhan mantri graminNarendra modiUnified payments interfaceCompound annual growth rateReserve bankRupay debitPradhan mantri gramin digital saksharta abhiyaanElectronic banking awarenessDigital payments awarenessMinister narendra modiDigital revolution

Moga District Commission Holds TATA AIG Insurance Co Liable For Deficiency In Service, Orders Disbursement of Insurance Amount And Compensation

The District Consumer Disputes Redressal Commission, Moga (Punjab) bench comprising Smt. Priti Malhotra (President) and Shri Mohinder Singh Brar (Member) held TATA AIG General Insurance liable for.

Baljinder kaurPrabhjot singhInsurance companyDistrict commissionDistrict consumer disputes redressal commissionInsurance company limitedPunjab district commissionMember bankBank limitedBrief factsRupay debitInsurance policyRupay platinum debitMonga filling stationConsumer protection actMonga filling

Year ender 2023: UPI transactions rose 147% in 5 years A look at new features announced this year

The value of UPI transactions has seen a considerable rise, from Rs 1 lakh crore in FY 2017-18 to Rs 139 lakh crore in FY 2022-23, marking a CAGR of 168%.

Tamil naduManish kumar shuklaAkash sinhaMandar agashePraveena raiShaktikanta dasNational payments corporation of indiaChairperson of the payments council indiaUnified payments interfaceReserve bankRupay debitGovernor shaktikanta dasGoogle payPayments councilNational payments corporationConversational payments

NPCI to sign pact with Al Etihad Payments of UAE on October 5

NPCI International Payments Ltd, the international arm of the National Payment Corporation of India, will sign an agreement with Al Etihad Payments in Abu Dhabi to enable cross-border transactions. The memorandum of understanding (MoU) will focus on developing a domestic card scheme in the UAE based on India s RuPay debit and credit card stack. This agreement will be signed during a visit by Commerce and Industry Minister Piyush Goyal, who will also participate in the India-UAE High-Level Task Force on Investments meeting.

Abu dhabiAbuz abyUnited arab emiratesKhaled mohamed balamaAbdulnasser alshaaliSunjay sudhirMohamed hassan alsuwaidiPiyush goyalKhaldoon al mubarakZayed al nahyanAhmed al zeyoudiNational payment corporation of indiaLevel task force on investmentsNational payments corporationAbu dhabi investment authorityGovernor of the central bank