3rd april (1)

Pay1: An engine to power (Aadhaar Enabled Payments)

The Aadhaar Enabled Payment System (AePS) is at the forefront of increasing financial inclusion in India, especially in the rural and semi-urban pockets. And Pay1 is gearing up to deploy these AePS machines as an ideal replacement to the usage of debit cards. Aadhaar enabled payment system (AePS) has been conceived by the nodal agency National Payment […]

27th march (1)

Here Is Why Digital Banking Will Take Over Conventional Banking By 2022.

From ‘Conventional Banking’ to ‘Convenient Banking’, India has come a long way when it comes to digitalisation. The aggressive measures that are taken by the government to promote ‘Digital India Movement’ is resulting in a revolution with a ripple effect, affecting almost every industry. Digital banking is one of the outcomes of such revolutionary step […]

अब किराने की दुकान में होगा बैंक

अब किराने की दुकान में होगा बैंक

भारत के अंदरूनी इलाकों में आज तक बैंकिंग सेवाओं की पहुँच संपूर्ण रूप से नहीं हो पायी है। आज भी प्रवासी श्रमिकों,छोटे व्यापारियों और कामगारों को बैंकिंग सेवाओं के लिए बड़े शहरों पर आश्रित होना पड़ता है। भारत सरकार ने इस समस्या को सुलझाने के लिए एक अभिनव प्रयास शुरू किया है। क्या आप जानते […]

Easy transfer of funds via NEFT & RTGS

Easy transfer of funds via NEFT & RTGS

For those who have been tired of transferring funds, here is what the govt has for you.. The RBI’s fund transfer options – NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement) provide digital transfer of funds from the remitter, who has an account in one bank, to the beneficiary, who has an account […]