Social media has come a long ways since being introduced as an innovative method of communication. What started as a medium for connecting with peers across the globe has morphed into a business tool for ads and brand promotions. Social media pioneers will continue to innovate and the latest evolution involves the implementation of payment gateways within the social media […]

Payment banks are the latest initiative from the Reserve Bank of India (RBI) with the primary motive to promote digital, paperless and cashless banking in our nation. It is an approach in which other non-banking financial organisations are granted the authority to offer basic bank services to every Indian citizen. A payments bank is a differentiated bank with the specific […]

India’s payments systems are on transitional period. From hard cash to soft plastic, payments systems have evolved to make life a whole lot easier. Indians have slowly settled into the concept of cashless transactions. There are many methods for transferring electronic funds, but most of them are still yet to be fully adopted by consumers on a regular basis. To […]