Tuesday, Jun 27 2017 | Time 09:05 Hrs(IST)
image
  • Copper prices ease on weak US data, firm dollar
  • Nikkei hovers near 2-year highs as weak yen supports
  • SKorea won edges up ahead of Yellen speech; shares at record high
  • Pharmacy exec tied to 2012 US meningitis outbreak gets 9 years in prison
  • Guatemala, Honduras see growth boost as customs union takes effect
  • Unemployment looms for Australia's cricketers - union
  • US says it appears Syria planning another chemical weapons attack
  • US endorses India on Pak's proxy war, Trump insists on 'rapid' actions on Korea
  • No decisive winner in Mongolia presidential vote forces second round
  • US says it appears Syria planning another chemical weapons attack
  • Japanese stocks approach 2-yr high, euro sags after Draghi's comments
  • US judge expands order blocking Iraqis' deportation
  • Prez Trump "gladly accepts" Modi's invite for India visit
  • Federer and Nadal primed for dream Wimbledon final reprise
  • US says it appears Syria planning another chemical weapons attack
Business Economy Share

RuPay records 100 per cent jump in usage at PoS

Mumbai, Nov 11 (UNI) National Payments Corporation of India (NPCI) said that there has been an impressive surge in the usage of RuPay cards at Point of Sale (PoS) terminals at shops and other retail outlets. During last two days (November 9 and 10, 2016), RuPay usage on PoS / e-Commerce was around 8 lakh transactions a day compared with a daily average of 4 lakh transactions earlier. The value of transactions almost doubled.
Mr. A. P. Hota, MD & CEO, NPCI said, ''It is heartening to witness a good number of first time users at PoS terminals. Using the PoS is even simpler than using on ATM. When there are restrictions on withdrawal of cash in the aftermath of demonetisation of notes, usage of payment cards at PoS for all day-to-day purchases is the
ideal way to transact.''
Immediate Payment Service (IMPS) and Unified Payments Interface (UPI) usage has doubled. IMPS and UPI are 24x7 remittance service.
There has been a surge in the usage of RuPay cards at Point of Sale (PoS) terminals at shops and other retail outlets.
RuPay '' the domestic card is enabled on all three channels ATMs, PoS and e-Commerce. India has 14 lakh PoS terminals and all the terminals accept all brands of debit and credit cards''.
At PoS terminals, usually the staff at the counter takes the card, swipes on the machine and hands over the PoS machine for the customer to key-in PIN for authorisation. Customers are not supposed to share their debit card PIN with anyone. PIN is a secret number and customer has to cover the key pad so that no one can see the
numbers being keyed-in at ATM or PoS.
It is also worth mentioning that RuPay card can be used for booking railway tickets, bus tickets, shopping on the internet or paying bills / taxes. Usage of RuPay cards at e-Commerce channel has also been growing rapidly and we see good number of RuPay customers in this segment as well.
UNI JS NV AW1507
Top News
Prez Trump

Prez Trump "gladly accepts" Modi's invite for India visit

Washington, Jun 27 (UNI) The US President Donald Trump would be visiting India soon as Mr Trump today gladly accepted Prime Minister Narendra Modi’s invitation to visit India.

see more..
   
27 Jun 2017 | 8:35 AM
US endorses India on Pak's proxy war, Trump insists on 'rapid' actions on Korea

US endorses India on Pak's proxy war, Trump insists on 'rapid' actions on Korea

Washington, Jun 27 (UNI) In a major diplomatic development, the United States today in a clear manner vindicated India's well known stand vis-a-vis proxy war by Pakistan and in a strong message urged Islamabad to "expeditiously" bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks.

see more..
   
27 Jun 2017 | 8:35 AM
India, US in joint statement ask Pakistan to act against terror perpetrators

India, US in joint statement ask Pakistan to act against terror perpetrators

Washington, Jun 27 (UNI) In a clear message and in quite a diplomatic setback to Islamabad, India and the United States today vowed to strike at the Islamic terrorism and the "safe heavens" and also urged Pakistan to expeditiously bring to justice perpetrators of terror attacks like 26/11 and Pathankot.

see more..
   
27 Jun 2017 | 8:34 AM
Pakistan violates ceasefire along LoC in Rajouri dist

Pakistan violates ceasefire along LoC in Rajouri dist

Jammu, Jun 26 (UNI) Pakistani Army today again violated ceasefire agreement by firing unprovoked on the Line of Control in Rajouri district of Jammu and Kashmir.

see more..
   
26 Jun 2017 | 11:56 PM
Burn victims overwhelm Pakistani hospitals after tanker fire kills 146

Burn victims overwhelm Pakistani hospitals after tanker fire kills 146

By Mubasher Bukhari

LAHORE, Pakistan, Jun 26 (Reuters) Pakistani hospitals today struggled to treat scores of severely burned victims of a fuel tanker explosion that killed at least 146 people, as Prime Minister Nawaz Sharif flew back from an overseas trip to visit the injured.

see more..
   
26 Jun 2017 | 10:39 PM
All eyes on PM Modi & US President Trump meeting, delegation level talks

All eyes on PM Modi & US President Trump meeting, delegation level talks

Washington, Jun 26 (UNI) All eyes will be on maiden meeting between Prime Minister Narendra Modi and the US President Donald Trump as both the leaders are expected to take major issues like regional security, counter terrorism and defence partnership for talks here late tonight.

see more..
   
26 Jun 2017 | 7:35 PM
GST, 'Transformed India' to help US businesses, says Modi

GST, 'Transformed India' to help US businesses, says Modi

Washington, Jun 26 (UNI) Hours before his first meeting with US President Donald Trump, Prime Minister Narendra Modi today said a "transformed" India presents abundant opportunities for the American businesses.

see more..
   
26 Jun 2017 | 3:01 PM

UNI NEWS DIGEST AT 2000 HRS FOR JUNE 26, 2017

26 Jun 2017 | 8:05 PM

New Delhi :Jaitley urges Mufti to introduce GST from July 1 (DI 12) Washington :GST, 'Transformed India' to help US businesses, says Modi (DF 1) :All eyes on PM Modi & US President Trump meeting, delegation level talks (DF 2) Patna :Fireworks at its full blaze between JD(U)-RJD over Prez polls (CA 29) New Delhi :Scientist Kasturirangan to head Panel on National Education Policy (DI 11) :Markets closed today on account of Eid-uk-Fitr (DC 1) Chandugarh:Haryana CM says police arrested one accused involved in Junaid killing case (DR 22) Guwahati :Ambubachi Mela ends, CM, others pay obeisance (CA 20) Chennai :Frequent abduction of fishermen show Lanka's intolerant attitude, EPS writes to PM again (MS 13) Vijayawada :Mercury poured on Sabarimala temple mast with devotion: MLA (MS 27) Begaluru :BJP on strong footing to return to power in Karnataka: Yeddyurappa (MS 18) Panaji :2 women booked for hurling abuses at Goa Health Minister, insulting tri-colour (BY 12) Mumbai :55 college students rescued in Raigad (BY 8) Guatape :Search continues for missing after Colombia tourist boat accident (FN 75) New Delhi :Kohli second most followed Indian on Facebook after PM Modi (SPD 11) UNI AKC SHK 2005.

Unemployment looms for Australia's cricketers - union

27 Jun 2017 | 8:14 AM

MELBOURNE, Jun 27 (REUTERS) More than 200 of Australia's top cricketers face unemployment within days, with a bitter pay dispute "extremely" unlikely to be resolved by a deadline on Friday, players' union boss Greg Dyer has said.

MARKET-GUJ-SUGAR

26 Jun 2017 | 7:36 PM

Ahmedabad, Jun 26 (UNI) The Ahmedabad Sugar market showed an easy trend here today.

JPCC celebrates 26th death anniversary of former Prime Minister Rajiv Gandhi

21 May 2017 | 6:22 PM

Ranchi, May 21 (UNI) The Jharkhand Pradesh Congress Committee today paid floral tributes to former Prime Minister Bharat Ratna late Rajiv Gandhi on his 26th death anniversary which was celebrated by the party as ‘Shahdat Diwas’.

image