Tag: online transaction

Data | India shifted from cheques to online money transfers faster than Singapore, US and Canada

Data | India shifted from cheques to online money transfers faster than Singapore, US and Canada

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Cashless transactions: A customer paying through UPI to avoid cash transactions at a medical store in Visakhapatnam | Photo Credit: K.R. Deepak On Tuesday, the cross-border connectivity between India’s Unified Payments Interface (UPI) and Singapore’s PayNow was launched. UPI is a popular mobile payment service which allows instant credit transfer from one bank account to […]

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Data | Automation crushes bank hirings for clerical jobs, officers unaffected

Data | Automation crushes bank hirings for clerical jobs, officers unaffected

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ATM usage, mobile and online transactions, and fewer new bank branches have led to reduced recruitment ATM usage, mobile and online transactions, and fewer new bank branches have led to reduced recruitment On Wednesday, Business Standard reported that the Union Finance Ministry had asked the heads of public sector banks (PSBs) for a plan to […]

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