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From UPI to cash, almost all payment modes see decline in May


From UPI to cash, almost all payment modes see decline in May
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The National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by businesses, saw sharp declines in both the volume and value of payments processed
ETtech
Illustration: Rahul Awasthi
Nearly all modes of payment, digital and cash, saw a monthly decline in May owing to subdued economic activity in India amid the second wave of Covid, the latest data from the RBI showed.
The National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by businesses, saw sharp declines in both the volume and value of payments processed. Withdrawals from ATMs – a proxy for cash spends – also saw a drop. ....

National Electronic Fund Transfer , Immediate Payment Service , National Payments Corporation Of India , National Payments Corporation , Reserve Bank , Enabled Payments System , Bharat Bill Payment System , Real Time Gross Settlement System , தேசிய மின்னணு நிதி பரிமாற்றம் , உடனடியாக கட்டணம் சேவை , தேசிய கொடுப்பனவுகள் நிறுவனம் ஆஃப் இந்தியா , தேசிய கொடுப்பனவுகள் நிறுவனம் , இருப்பு வங்கி , இயக்கப்பட்டது கொடுப்பனவுகள் அமைப்பு , பாரத் ர சி து கட்டணம் அமைப்பு , ரியல் நேரம் மொத்த தீர்வு அமைப்பு ,

Toll Fee Exempted if Your Waiting Till Exceeds 10 Seconds?

The National Highways Authority of India (NHAI) has announced that if there is a queue waiting for vehicles more than 100 m, vehicles will be allowed to pass without paying a toll. “If there is a queue of waiting vehicles of more than 100 m due to some reason, the vehicles will be allowed to pass without paying a toll. For this purpose, a yellow line at a distance of 100 m ....

Authority Of India , National Highways Authority , National Highways Authority Of India , Toll Plaza , Yellow Lines , Toll Plazas , Toll Gate News , Oll Gate No Fee News , அதிகாரம் ஆஃப் இந்தியா , தேசிய நெடுஞ்சாலைகள் அதிகாரம் , தேசிய நெடுஞ்சாலைகள் அதிகாரம் ஆஃப் இந்தியா , சுங்கவரி ப்லாஸ , சுங்கவரி ப்லாஸாஸ் ,