Digital payments are transactions conducted through digital or online mediums, utilizing electronic methods for money ...

The number of cyber frauds in India has spiked as more people start using mobile banking, NEFT and RTGS, a recent study by PwC and ASSOCHAM states. "Whether it's financial transactions ...

The Reserve Bank of India has removed the charges levied to process any online transaction through NEFT and RTGS system. The Central Bank has also decided to set up a committee to review the ...

The Reserve Bank of India (RBI) has asked banks, which are direct members or sub-members of the Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer (NEFT) System ...