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1 min read

Debit cards usage has surged 2.5 times, thanks to cash crunch

Out of the 30 crore RuPay cardholders, 29 crore have never used their card in point of sales (PoS),…

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1 min read

Cash won’t be the only thing at toll plazas now, Paytm has a second option for you

"We have awarded them 40 out of 350," Chandra told ET. NHAI, in April, launched the e-tolling servi…

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2 mins read

Next time you want to book a flight, visit your nearest ATM

ATM machines will no longer be working just as cash dispensers. You can pay your electricity or gas…

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2 mins read

Some stores including Lululemon and Nordstrom won't take cash as they reopen, putting them further out of reach for millions of Americans

Stores are making lots of changes as they reopen amid the coronavirus pandemic. For some, that mean…

Madeline Stone   


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2 mins read

NPCI starts a campaign for digital payments called ‘India pay safe’, asking people to ditch cash during coronavirus

NPCI CEO Dilip Asbe shared a video for the campaign And, he was soon joined by several othe…

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2 mins read

​ Chief Ministers' panel demands more user friendly version of cashless transactions

The Chief Ministers' panel on digital payments has asked government to roll out from December 25 a …

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2 mins read

From average 5 lakh to 1.2 million per day, digital transactions have gone up by 25%, thanks to demonetisation

"From month on month, now we are checking weekly growth data which is showing a jump of around 5 pe…

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2 mins read

Norway, the world's most cashless country, is testing a central bank digital currency after 4 years of research

After four years of research, the central bank will proceed with technical testing of a CBDC, which…

Isabelle Lee   


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1 min read

Yes Bank, Affordplan launch co-branded cashless card for heathcare needs '

The partnership with Affordplan is a step towards enabling a connected but contactless healthcare p…

PTI   


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1 min read

Jaitley talks about tax benefits to businesses engaged in cashless transactions; says RBI has more than adequate cash

“We made amendments in some taxation for small traders to boost digital payment, we will offer tax …

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3 mins read

Amazon's latest store proves the cashless dream is dead

Allowing for cash purchases is also smart business for retailers dealing with smaller transactions.…

Dennis Green   


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1 min read

Your Aadhar card will be replacing all your cashless transaction methods very soon, here’s how

He also feel that this would require a multi-pronged strategy, including talking to mobile manufact…

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2 mins read

Did you know: More than half the shops in Indian cities don't accept digital payments

Digital payments in India took off in a massive way right after demonetization, with the likes of P…

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3 mins read

Can Nilekani, the architect of the world’s largest biometric project, spark digital payments in India?

While the infamous demonetisation in November 2016, which aimed at pushing Indians to use digita…

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5 mins read

Cashless stores once looked like the future of shopping - but backlash has complicated its arrival

Given the legislative backlash and the mixed results offered up by going cashless, it would appear …

Áine Cain   


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2 mins read

Mobile wallets Q1 transactions volume drops 4% in India: Report

New Delhi May 26 (IANS) The number of transactions done on mobile wallets in Q1 2020 was 1.08 billi…

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2 mins read

A Chinese city is handing out $1.5 million in digital 'red envelopes' to lottery winners to trial a cashless society

Shenzhen gave 50,000 lottery winners $30 each to spend within a week. The digital currency is issue…

Bill Bostock   


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6 mins read

One photo shows that China is already in a cashless future

When AliPay launched in 2004 as an escrow-service between buyers and sellers on Taobao, Alibaba's m…

Harrison Jacobs   


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3 mins read

Demonetisation – dash to a cashless economy?

One of the most significant advantages of a digital economy would be the expansion of the direct an…