Tag: digital payments


Is cash still the king in India?

Is cash still the king in India?

Demonetization is the first nail in the coffin for cash in India. UPI 1.0 is the second nail in the coffin for cash in India, making transactions much more accessible with everyone’s mobile becoming their wallet. Besides, merchants grabbed UPI with both hands as...

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The novel payment frauds in the times of Corona Virus

The novel payment frauds in the times of Corona Virus

I recently tried transferring Rs. 1750/- to a payee account with a nationalized bank using IMPS. It is instantaneous, and my bank allows me to do IMPS transactions up to Rs. 5000/- without any formal registration. I did that, and I received the confirmation...

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