Govt proposes tax benefits for card payments

Last Updated: Monday, June 22, 2015, 19:22

The government also proposed to make it mandatory to settle high value transactions of more than Rs 1 lakh through electronic mode.

RBI to banks: Only chip, PIN based debit/credit cards from September

Last Updated: Thursday, May 7, 2015, 19:23

The Reserve Bank on Thursday asked banks to issue only chip-based and PIN enabled debit and credit cards from September, a move aimed at protecting customers from frauds.

Google partners with wireless carriers to push Wallet service

Last Updated: Tuesday, February 24, 2015, 08:56

Google Inc has partnered with several large U.S. wireless carriers to pre-install its electronic payment service on phones, as the companies seek to counter Apple Inc`s recent entry into the nascent market for mobile payments.

Govt starts automatic service tax refund for exporters

Last Updated: Tuesday, January 3, 2012, 19:53

Streamlining the procedure for service tax refunds for exporters, government today linked it with electronic payment system and fixed the average rate at 0.2-0.3 percent of the shipment value.