Saturday, Oct 21 2017 | Time 21:28 Hrs(IST)
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  • Kohli hails India's new spin duo ahead of NZ ODI series
  • SIKKIM preparing to host youth festival from all the sister States
  • India Kaleidoscope Film Festival to be held from Nov 9 to 12
  • 14 youth spreading rumours about braid chopping arrested in Srinagar
  • Rs 1 cr each for martyrs' families in MP
  • AAP condemns retrograde step of Punjab govt to close down 800 elementary schools
  • ....
  • 2 motorcyclists killed as lorry dashes them in AP village
  • 2 died in car-autorickshaw accident in Karnataka
  • Electrical AE dies on duty due to cardiac arrest
  • CM asks officials to prepare Health Map for future of Telangana state
  • Special protection force takes out cycle rally
  • 2 killed in accident in Firozabad
  • Twitterati viral with comments on GST controversy in Mersel
  • Anganwadi workers postpone their 40 day dharna, will stage dharna at Jantar Mantar on Nov 17
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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
CBI seeks centre's permission to reopen Bofors case

CBI seeks centre's permission to reopen Bofors case

New Delhi, Oct 21 (UNI) The Central Bureau of Investigation (CBI) has sought permission from the Centre to allow it to file a Special Leave Petition (SLP) in the Supreme Court, challenging the Delhi High Court's order in Bofors case.

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21 Oct 2017 | 4:24 PM
Sibi George appointed next Swiss Ambassador

Sibi George appointed next Swiss Ambassador

New Delhi, Oct 21 (UNI) 1993 batch Indian Foreign Service (IFS) officer, Sibi George has been appointed India's next Ambassador to Switzerland.

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21 Oct 2017 | 7:08 PM
Kedarnath blessings not needed to implement  poll promises: Sharad Yadav

Kedarnath blessings not needed to implement poll promises: Sharad Yadav

New Delhi,Oct 21 (UNI) Taking a dig at Prime Minister Narendra Modi for failing to fulfill the promises made to the people, Janata Dal (United-Sharad faction) leader Sharad Yadav on Saturday said that blessings of Kedarnath were not needed for implementing the poll promises.

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21 Oct 2017 | 4:50 PM
PM to launch Phase 1 of Ghogha-Dahej ferry in Gujarat

PM to launch Phase 1 of Ghogha-Dahej ferry in Gujarat

New Delhi, Oct 21 (UNI) Prime Minister Narendra Modi will visit poll-bound Gujarat for the third time this month on Sunday where he will inaugurate Phase 1 of the RO RO (Roll on, Roll off) ferry service between Ghogha and Dahej.

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21 Oct 2017 | 7:12 PM
Sitharaman to visit Philippines on Oct 23 to attend 4th ADMM-Plus

Sitharaman to visit Philippines on Oct 23 to attend 4th ADMM-Plus

New Delhi, Oct 21 (UNI) Defence Minister Nirmala Sitharaman will undertake a-three day visit to Pampanga in Philippines for attending the 4th Asian Defence Ministers Meeting Plus (ADMM-Plus).

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21 Oct 2017 | 8:14 PM
New Pakistan envoy calls on Sushma Swaraj

New Pakistan envoy calls on Sushma Swaraj

New Delhi, Oct 21 (UNI) In a first high-level meeting between India and Pakistan in recent past, Pakistan High Commissioner to India Sohail Mahmood met with External Affairs Sushma Swaraj on October 17, sources said here on Saturday.

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21 Oct 2017 | 4:45 PM
Premier Shinzo Abe's ruling coalition seen to win Japan's  snap election Sunday

Premier Shinzo Abe's ruling coalition seen to win Japan's snap election Sunday

Tokyo, Oct 21 (UNI) Japanese voters head to the polls on Sunday in a snap general election in which Prime Minister Shinzo Abe's ruling coalition is forecast to win a landslide victory.

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21 Oct 2017 | 6:36 PM

Twitterati viral with comments on GST controversy in Mersel

21 Oct 2017 | 9:03 PM

New Delhi, Oct 21 (UNI) With BJP criticising certain remarks against GST and Digital India in Tamil film ‘Mersel’, twitterati exploded with the controversy with a new trending hashtag #TamiliansVsModi followed by a hashtag #MerselVsModi on Friday.

Sushma Swaraj heads to Dhaka to boost ties with Bangladesh

Sushma Swaraj heads to Dhaka to boost ties with Bangladesh

21 Oct 2017 | 7:49 PM

Dhaka, Oct 21 (UNI) External Affairs Minister Sushma Swaraj arrives in the Bangladesh capital Sunday afternoon on a two-day official visit during which the two neighbours will review the entire gamut of their bilateral relations and and explore new avenues for cooperation.

Kohli hails India's new spin duo ahead of NZ ODI series

21 Oct 2017 | 9:21 PM

Undated, Oct 21 (Reuters) India captain Virat Kohli has praised new spinners Kuldeep Yadav and Yuzvendra Chahal and is tempted to play them together in India's one-day series opener against New Zealand in Mumbai on Sunday.

Govt fixes issue price of Rs 2971 per gram for SGBS 2017-18

21 Oct 2017 | 7:12 PM

New Delhi, Oct 21 (UNI) Government of India in consultation with the Reserve Bank of India (RBI) has fixed the issue price of Rs 2,971 (Rupees Two thousand Nine hundred Seventy One only) per gram with Settlement on October 30, 2017 for Sovereign Gold Bond Scheme (SGBS) 2017 -18, as was also published by RBI in their Press Release dated Oct 20, 2017.

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