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Tejeesh N S Behl
New Delhi, December 7, 2017
Debit card purchases beat credit card purchases
BusinessToday.in
December 7, 2017
MDR is the cost paid by a merchant to a bank for accepting payment from their customers via credit or debit cards every time a card is used for payments in their stores. The merchant discount rate is expressed in percentage of the transaction amount.
Reuters
New Delhi, December 7, 2017
The Reserve Bank of India kept its policy rate unchanged at a more than seven-year low of 6.00 percent on Wednesday after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.
BusinessToday.in
New Delhi, December 6, 2017
RBI reduces merchant discount rates for debit cards
BusinessToday.in
New Delhi, December 6, 2017
The primary reason behind no change in the policy rates reflects the Reserve Bank of India's focus on inflation control, and its analysis of India's strong economic prospects.
BusinessToday.in
New Delhi, November 30, 2017
The Indian Railways has urged banks to waive or even reduce the charges on digital payments for train tickets. The Railways has promised banks more business if they scrap or minimise the charges, called merchant discount rate (MDR), in a move that  might encourage digital payments,benefit banks, travellers and also the railways.
BT Online
New Delhi, October 6, 2017
He also mentioned that a million jobs can be created in the railways ecosystem in less than 12 months.
PTI
September 28, 2017
The government's digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore annually, warns a report.
BT Online
September 22, 2017
Indian Railways online ticketing subsidiary Indian Railway Catering and Tourism Corporation or IRCTC has been caught in a squabble with six banks over convenience fees on transactions. IRCTC has blocked these banks from using its payment gateway for debit card payments.
Joe C Mathew
August 16, 2017
US healthcare major Johnson & Johnson has joined hands with the Institute of Microbial Technology (IMTECH), Chandigarh to develop new drugs for tuberculosis (TB), a disease that kills thousands of people in India every year.
Venkatesha Babu
New Delhi, Edition:June 4, 2017

Simple yet secure Aadhaar-based transactions may find favour among the uninitiated.

BT Online
May 2, 2017
"The major objective is to increase the adoption and use of digital payments in India so that cash usage drops to 5-6 per cent of GDP," Niti Aayog CEO said.
Dipak Mondal
New Delhi, May 1, 2017
The government has been pushing for digital payments ever since the demonetisation. However, cost of digital payments remain a major stumbling block for many people to embrace digital methods of transaction.
Anand Adhikari
Delhi, Edition:May 21, 2017

The transition to a cashless economy requires building a safe and secure payment infrastructure.

Dipak Mondal
Delhi, Edition:May 21, 2017

Several government steps over the years have made digital payments affordable.

Amit Sharma
January 30, 2017
Whenever there is a discussion about the Indian growth story, lack of physical infrastructure is commonly quoted as the key bottleneck and growth constraint.
Bala Parthasarathy
January 30, 2017
You have brilliantly diagnosed one of the biggest diseases in the Indian economy - black money. And identified the right treatment - digitization - to bring the patient out of coma. Unfortunately, it looks like you've got a set of butchers instead of expert surgeons on the job.
Joe C Mathew
New Delhi, January 25, 2017
The cash crunch that followed the central government's demonetisation move must have compelled some of the retailers to accept digital payments, but there were many who preferred sluggish business to a disproportionate increase in the number of traceable transactions due to this fear.  
PTI
New Delhi, January 25, 2017
 A Rs 1,000 subsidy for purchase of smartphones by non-tax assesses and small merchants and a cash transaction tax on withdrawals of Rs 50,000 and above in banks have been recommended by a Chief Ministers' panel today to encourage digital payments.
PTI
January 12, 2017
Banks and oil marketing companies (OMCs) will bear transaction charges for the fuel bought using cards at petrol pumps, Oil Minister Dharmendra Pradhan said on Thursday.
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