Tag: UPI

‘Indian start-ups are leaders in low-cost innovation’

Whoever has ever attended a TiECON event knows what it is like to hear out and meet some of the leaders in entrepreneurship space in the country. Such conferences are a great meeting point to exchange ideas, understand sectors and trends, gauge motivation for ventures, meet investors and supporti…

GST to ease loan access for millions of firms: Nandan Nilekani

The implementation of Goods and Services Tax (GST) should drive nearly seven million small businesses to the formal digital economy and help them get easy access to loans, said Nandan Nilekani, the technology entrepreneur and co-founder of Infosys who was tapped by the government to run an ambiti…

Govt to launch Lucky Grahak & Digi-Dhan Vyapar Yojana

The Government of India seeks to promote digital payment methods to encourage consumers and merchants to increasingly shift to these payment modes. To take this imitative forward, Lucky Grahak Yojana for Consumers and Digi-Dhan Vyapar Yojana for Merchants, will be launched on 25th December 2016 a…

Indian textile hubs adopt cashless payment modes

The textile Ministry is promoting cashless payment within the industry by encouraging textile workers, artisans and weavers to open bank accounts following the demonetisation of high currency notes. More than 5 lakh workers have opened their accounts in the last 10 days, and a large number of the…

Security double-checked: Paytm to integrate with IndiaStack for UPI

Bengaluru: Paytm will integrate its digital payments services with IndiaStack, an open-stack platform that offers technology infrastructure for the unified payment interface (UPI), esign, digital lockers and electronic customer verification. The Paytm app on December 8 added a new security layer …