Having limited and phased regulation could help RBI monitor and fill regulatory gaps
For transactions below Rs 2,000, the new solution provides sellers with customer details automatically after the first purchase, while for those above Rs 2,000 users can create a unique transaction PIN
Another key move was the inclusion of several other billers in the BBPS
Any missed premium payment will lead to the policy lapse where the benefits and/or coverage available is no longer active or squeezed, as per the policy terms and conditions.
Foreign entities, desirous of operating as OPGSP, will have to open a liaison office in India with the approval of the Reserve Bank before operationalising the arrangement with any bank.
The company earned a net profit of Rs 180 crore in the April-June quarter of 2014-15. The total income of the company rose to Rs 1,143 crore during the quarter under review as compared to Rs 1,092 crore in the same period last year, Muthoot Finance said in a statement.
"Emaar MGF customers can now pay EMIs for their properties through PayUMoney," the developer said in a statement today.
Delhi High Court introduced online payment of court fees- a first such facility in the country that will reduce the stress on people by not needing to stand in long queues at the counter.
Jet Airways today announced a convenient payment option for its customers, which allows them to book tickets online on the domestic carrier's portal and pay by cash later, a move aimed at enhancing the airline's distribution network.
Festivities are synonymous to shopping for most of us. We‘ve listed a few website offering various discounts and deals for this Christmas and New Year.