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No slowdown in web commerce, a product of Covid era, even after Covid is long gone

A whole array of products, from the humble cookie and other daily munchies to pocket-pinching discretionary items such as television sets and refrigerators, are selling on ecommerce sites with frequencies similar to or higher than those through the lockdown days, showed the latest data by market researchers NielsenIQ and GfK India.

What is the per transaction limit for using contactless debit card

Contactless cards allow for faster and more convenient payments at participating merchants in India without the need to enter a PIN. The RBI has increased the per transaction limit for contactless card transactions based on stakeholder feedback and the benefits of contactless transactions during the COVID-19 pandemic.

Digi Yatra to be available at 25 more airports in 2024: Scindia

Civil Aviation Minister Jyotiraditya Scindia announced the expansion of the Digi Yatra facility, implementing it in 25 additional airports by 2024. Presently operational in 13 airports for domestic travelers, Digi Yatra streamlines passenger movement via Facial Recognition Technology (FRT), ensuring contactless processes at various checkpoints within airports. Scindia outlined plans for its introduction in 14 airports initially, followed by 11 more in subsequent phases next year.

World Cup 2023 leads to 12.5% surge in contactless cross border transactions, reveals Visa Report

As per Visa’s data, there has been a 12.5% growth in contactless cross border transactions during the World Cup as compared to July 2023, before the festive season began. 36% of the cross-border transactions in India were contactless, 2X of the total domestic contactless transactions. Further, according to Visa, the average stay of the international audience during the world cup was 11 days whereas visitors from New Zealand stayed longer.

Chaos in Australia as internet service provider Optus blacks out

For millions of Australians who could not pay for goods, book rides, get medical care or even make phone calls, a nine-hour near-total service blackout from the company that provides 40% of the country's internet became a lesson in the risks of a society that has moved almost entirely online.

Government asks banks to issue mobility-enabled cards

A senior official confirmed the development and said lenders are expected to have all their cards equipped with NCMC features, including an offline wallet. "It was observed that most lenders, including both private and public sector banks, are not issuing NCMC cards with NFC functions," he said, explaining the motive behind the recent directive.

57% of all fraud incidents in India are platform frauds: PwC India

Platform fraud is a novel form of economic crime that involves fraudulent activities associated with social media, ecommerce, enterprise and fintech platforms.

10 things to know about offline contactless debit card payments

National Common Mobility Card RuPay Contactless is a debit card which allows you to make payments in fraction of seconds, just by tapping the card on the card reader (supporting contactless transactions). RuPay Contactless Debit cards can be used across ATM, POS and Ecommerce websites to make payments. Here are important FAQS related to NCMC RuPay Contactless Debit card, according to the Canara Bank website.

Amazon has rolled out contactless tech to 200 locations including Panera cafes

The e-commerce and cloud-computing giant is widening deployment of its contactless technology with existing customers, Vice President Dilip Kumar said in an interview.

How to activate contactless payments on SBI debit card

IATA looking at experience of India, other countries for standards on contactless process at airports

IATA is a grouping of around 300 airlines, including various Indian carriers, and its members account for about 83 per cent of the global air traffic.

Assam CM Himanta Biswa Sarma undertakes measures to curb road accidents

Himanta Biswa Sarma has asked Transport Minister Parimal Suklabaidya to hold a meeting with the PWD and transport department to ensure necessary safety norms are introduced in the accident-prone areas to bring down the incidences of road accidents.

How to activate/enable contactless payments on SBI debit card: Here are 3 ways

SBI contactless debit cards can be used to make in-person purchases at merchant locations, pay online, and withdraw cash.

Contactless payments grew 6x in last 3 years

Contactless has become the preferred way of payment for the majority of affluent clients, particularly for everyday necessities such as food and groceries, gasoline, and medication stores and pharmacies.

Contactless payments saw 6 times growth in last 3 years in India

According to Worldline India, while 25% of all transactions at supermarkets were contactless in January 2020, these transactions rose to 31% by January this year.

Axis Bank and Indian Oil launch co-branded RuPay Contactless credit card

The card offers 100% cashback up to Rs 250 on all fuel spends within the first 30 days of card issuance. It also offer waiver of 1% fuel surcharge on fuel spends between Rs 200 to Rs 5000.

Pencilton joins hands with Transcorp, NPCI to launch contactless RuPay on-the-go keychains

Users can activate and manage their PencilKey through the Pencilton app which is also used to load money, check spends, block/unblock the account, and set limits.

Good news, Apple fans: Now use your iPhone to make contactless payments

The merchants won't have to buy an additional hardware to conduct tap-to-pay transactions.

Apple announces new tap-to-pay feature for iPhone

BPCL, SBI Card launch co-branded RuPay contactless credit card

The card will offer 13X reward points on every Rs 100 spent on fuel purchases at BPCL petrol pumps and a 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, translating to 4.25 per cent value back.

Pandemic-induced contactless services are here to stay, permanently

99% of small businesses globally plan to offer contactless services even after the pandemic, in fact permanently, according to a Salesforce report titled ‘Small and Medium Business Trends’.

Drone deliveries provide lifeline for Covid patients in Indonesia

It's help from the skies for some Covid patients isolating at home in Indonesia's South Sulawesi province. A group of drone enthusiasts are using their aerial skills to provide them a contactless medicine and food delivery service.

Why social distancing and contact-free shopping are key in the new normal

With brands, retail outlets and consumers opting for caution, there is increased demand for online transactions, social distancing markers and contactless billing.