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RBI panel moots centralised bill payment system

Last Updated: Wednesday, April 23, 2014, 23:28

The RBI has sought comments on the Report of the GIRO Advisory Group till May 25.

Net 1,Visa to roll-out virtual credit card technology in India

Last Updated: Thursday, February 13, 2014, 13:12

Net 1 Universal Electronic Payment System Technologies (Net1), dual-listed in the US and South Africa, is planning a roll-out of its services in India in a link-up with global payments company Visa.

Punjab govt pays Rs 12,574 cr made through e-payment system

Last Updated: Thursday, October 10, 2013, 19:07

Punjab government today said with the computerisation of all treasury offices, the disbursement of more than Rs 12,574 crore to over 26 lakh beneficiaries has been made in six months.

Finnish firm launches payment system with face recognition

Last Updated: Saturday, July 20, 2013, 13:13

Finnish company Uniqul has developed the world`s first payment system which recognises customers` faces and helps them pay without having a wallet, credit card or mobile phone.

Online payment system for passport applicants in Guwahati

Last Updated: Thursday, June 13, 2013, 15:37

An online payment system for passport applicants would be introduced at the Passport Seva Kendra here from Friday.

RBI panel suggests setting up of common bill payment system

Last Updated: Wednesday, May 08, 2013, 00:11

An RBI panel today suggested setting up a common platform for payment of various bills, taxes, insurance premia, university and school fees.

Citibank brings in paperless payment system for cardholders

Last Updated: Monday, January 21, 2013, 13:59

Citibank India Monday announced a new paperless mobile payment system for all credit and debit card customers in India that would do away with the charge slips.

Routing codes for payment system serving purpose: RBI committee

Last Updated: Wednesday, January 16, 2013, 22:03

The existing routing codes for payments systems and clearing of cheques are serving their purpose and may be continued, an RBI committee said Wednesday.

Web surfers to pay online using Facebook, Twitter

Last Updated: Tuesday, April 03, 2012, 08:53

The Internet poses an increasingly urgent problem for newspaper publishers who want to make money from the articles they put on their websites.

RBI liberalises payment system for exporters

Last Updated: Tuesday, February 21, 2012, 20:00

The RBI has allowed banks to permit exporters to receive advance payment for shipment of goods which would take more than one year to manufacture, a step which will reduce transaction time.

Govt starts automatic service tax refund for exporters

Last Updated: Tuesday, January 03, 2012, 19:53

Streamlining the procedure for service tax refunds for exporters, government today linked it with electronic payment system and fixed the average rate at 0.2-0.3 percent of the shipment value.