News: National Payment Corporation of India(NPCI) has launched an artificial intelligence(AI) based chatbot named PAi. Facts: Purpose: To create awareness and solve the queries around NPCI’s products like FASTag, RuPay, …
Read MoreNews:Union Minister of Electronics and Information Technology (MeiTY) has launched BHIM 2.0 with additional features. Facts: About BHIM: Bharat Interface for Money(BHIM) is Unified Payments Interface(UPI) based payment interface application …
Read MoreNews:The Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal. Facts: About BBPS: BBPS …
Read MoreThe Reserve Bank of India(RBI) had appointed a committee headed by Nandan Nilekani to submit its suggestions on promoting digital payments. The panel has suggested several measures to encourage digital …
Read MoreThe Central government is looking to mandate a QR code-based payment option using Unified Payments Interface (UPI) at all shops. This measure is intended to promote digital payments as the …
Read MoreState Bank of India (SBI) has launched YONO Cash app using which customers can withdraw money from ATMs without using a card.It is a part of SBI’s digital banking platform,You …
Read More