The Unified Payment Interface or UPI has gained immense popularity in the last few years – fast-tracked due to Demonetization and the Covid-19 pandemic.
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Tag: ewallet
All you need to know about Digital Banking Units (DBUs)
In the era of digitisation, Indian traditional payment channels such as Bank branches & ATMs have also seen numerous upgrades.
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What is Colour Automation Technology?
Point of View (POV): It is the early 90s and Asian Paint commercials have hit the idiot box. You smile as you see the iconic ‘Mera Wala Blue’ commercial, not knowing the paint industry is disrupted for good.
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How prepaid cards are reshaping gifting in India?
The Indian prepaid card market is on a remarkable growth trajectory. According to an industry study, the Indian prepaid card market is expected to grow at a CAGR of 40.5 percent between 2021- 2026.
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Tokenisation in payments
The global pandemic has increased digitisation and brought many new users under the ambit of Digital India.
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Automated Fare Collection (AFC) & National Electronic Toll Collection (NETC): Driving Smart Mobility in India
According to a study by TERI, India’s urban population is expected to grow from 410 million in 2014 to 814 million by 2050.The report also stated that India will have seven megacities by 2030.
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In a world that is going digital, cash is still king
Even though digital payments are on the rise, cash continues to hold its throne. In an economy like ours, we are likely to continue witnessing the coexistence of both cash & digital payments
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Doorstep Banking
AGS Transact Technologies offers cash management services such as Doorstep Banking Services (DBS) to leading banks, Oil Marketing Companies (OMCs) and retail chains in India.
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Prepaid Cards & Its Types
Interoperability – The Force Behind Rise Of Digital Payments
The country has witnessed a surge in digital payment transactions post demonetisation and the pandemic.
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