Payment bank is just like another normal banks with sum restriction. These banks will be fully paperless. These banks cannot issue loan and credit cards. These banks can accept a restricted amount of deposits which is caped to 1lakh INR currently. Payment bank customer can transfer their money from payment bank to…
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6 Things can help to be Digital
After announcing Note band of 500 and 1000 notes online transaction is on its peak. Even Indian Government is promoting Digitization by providing concession on petrol while paying online, which is very basic need for middle class people. As an individual person it is very easy to be digital because…
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How Online Wallets like PayTM, FreeCharge, MobikWik working?
Online wallets are the easiest way to take payments from customers is to make account with companies like PayTM, FreeCharge and MobikWik. These wallets are already very popular among the people who transact online as they are providing huge discount on transactions done by their website to acquire the market…
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Digitization in India | Benefits of Digital India
When the term use Digital means to promote and use of digital currency as much as possible in your day today life. It is almost impossible to boycott the material currency but we can and we must find the alternates of doing small things online too. It is also becomes…