Pay Contactless News Today : Breaking News, Live Updates & Top Stories | Vimarsana

percent in volume (approx. 5.93 to  34.35 billion transactions) and value (approx. Rs.920.38 to Rs.1,623.05 trillion) respectively over the last five years (March ‘15-’20). The RBI’s persistent steps furthering digital payments have supported last year’s challenges and forced wide-spread digitization. The key initiatives last year, and their impact in the new year, are looked at here. 1. The changing face of UPI- Zero MDR, new revenue streams and the 30% cap Last year started with zero MDR's implementation, changing UPI’s revenue potential and converting a previously incentive-ba...

NCMC to be fully operationalised on Delhi Metro’s Airport Express Line with RuPay 55 Mumbai: National Payments Corporation of India announced that the Delhi Metro Rail Corporation will accept the National Common Mobility Card (NCMC) for metro travel on the 23 km long Airport Express Line from New Delhi to Dwarka Sector-21 starting 28th December 2020. With this initiative, more than 1 crore RuPay contactless cardholders can use their cards on this line seamlessly to board on the train and skip long ticketing queues. Passengers travelling on the Airport Line need not buy a separate token or ...