Page 17 - Electronic Payment News Today

March 8, 2021 Some of India’s leading startups, fintechs, large banks and corporates, alongside a few  global financial giants and tech companies, have come together, all to grab a piece of India’s burgeoning payments market. Soon, the Reserve Bank of India (RBI) may grant some of them their wish to build and scale new ways for Indian consumers to transact. While cash remains the dominant form of making transactions in the country, over the last few years the number of consumers and mercha...

(2) DJ EQS-News: Goldpac officially announces the introduction of its fingerprint biometric smartcard to enhance security for DC/EP (Digital Currency/Electronic Payment) EQS-News / 01/03/2021 / 14:42 UTC+8 Attachment:http://www.goldpac.com/en/images/article/20210301hstkju.pdf (03315.HK) Goldpac officially announces the introduction of its fingerprint biometric smartcard to enhance security for DC/EP (Digital Currency/Electronic Payment) Today, Goldpac globally announces the latest develo...

Paytm, Ola Financial Services and IndusInd Bank will submit a joint proposal to set up a New Umbrella Entity (NUE) for retail payments in the country

China Moves Ahead on Digital Yuan Before 2022 Winter Olympics February 26, 2021 02:54 PM Age: 3 weeks Image: A customer checks out using digital yuan during a pilot program last October in Luohu District, Shenzhen (Image source: Shenzhen Government). Introduction With the People’s Republic of China (PRC) a frontrunner in the global race towards digital currency, the central bank People’s Bank of China (PBOC) has taken several steps this year to explore the international use of a digital yua...

Well soon meet in your inbox. Please wait... Non-bank lender Centrum Finance, along with fintech companies Zeta Pay and Electronic Payment and Services (EPS), are also expected to be part of the group that will submit its proposal to the Reserve Bank of India before the deadline expires on February 26, they said. ET reported previously that Amazon, along with ICICI Bank and Axis Bank, are also in the fray for the licence. Two other consortiums led by the Tata Group and Infibeam Avenues are als...

Automatic vending machines in Shanghai now accepting digital renminbi 1 2021-02-23 10:42:35Global Times Editor : Li Yan ECNS App Download Automatic vending machines in some metro stations in Shanghai can now accept digital renminbi, as part of the offline application scenarios for digital currency being promoted across the city.  As a critical link in the pilot use of digital currency, offline application scenarios for digital renminbi have been piloted in a va...

Electronic Payments Gives Boost to Small Businesses with Free Exatouch® Point of Sale Programs Share Article These new programs offer zero hardware fees and are designed to bolster SMBs across the country, particularly in response to the challenges many continue to face because of the ongoing pandemic. Small businesses nationwide have been under pressure like never before since the onset of COVID-19. Exatouch POS can help business owners navigate evolving challenges—as well as position thems...

DAB’s Acting Governor Met with Representatives of Electronic Payment Companies DABs Acting Governor Met with Representatives of Electronic Payment Companies Mpoya http://peekURL.com/zYAXtx6 January 16, 2021- Mr. Ajmal Ahmady, the Acting Governor of DAB met with representatives of Electronic Payment companies. In this meeting, representatives of the said companies discussed the problems and challenges in acquiring the electronic payment license with Mr. Ahmady and requested appropriate solu...

KINGSTON, Jamaica — Tax Administration Jamaica (TAJ) today launched the pilot phase of a Di...

HK should leverage CBDC to gain digital finance leadership By Kenny Shui and Judy Chen | China Daily Asia | Updated: 2020-12-31 09:16 The booth of the Digital Currency Institute of the Peoples Bank of China at an expo in Beijing. [Photo provided to CHINA DAILY] As the popularity of electronic payment on the mainland continues to soar, Beijing is also taking the digitization of legal tender (or central bank issued currency) seriously. On the 40th anniversary of...