Soon paying for your cinema ticket or buying prescription pills over the counter will become easier and less time conusming. In a move to make retail payments seamless, the RBI today introduced BharatQR or quick response platform.
In a statement here, Singh said the decisions announced by the Prime Minister last evening were "pro-people" and "pro-development" and that he was taking the country forward with his vision and leadership.
In addition to daily and weekly awards, on April 14, 2017 a mega draw will be held offering three prizes of Rs 1 crore, Rs 50 lakh and Rs 25 lakh for the consumers under the â€˜Lucky Grahak Yojana‘ and Rs 50 lakh, 25 lakh and Rs 5 lakh for merchants under the â€˜Digi Dhan Vyapari Yojana.‘
Finally it's here! The much talked about India card which will replace global payment players MasterCard and Visa in India. CNBC-TV18’s Gopika Gopakumar finds out more about the Rupay Cards.