Government of India

11 news stories.

• Should Government of India be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.

United Nations pilots contactless grain dispensers in India

By Tom Phillips • • Updated • nfcw.com
Man standing next to automated biometric commodity dispensers for distributing subsidised food in India

The United Nations World Food Programme (WFP) is piloting a new kind of automated, contactless store that uses biometric authentication to let those entitled to subsidised commodities such as rice, wheat and grains receive their allocation without needing to visit a traditional retail outlet... More

What's New in Payments

Indian government sets out plans to make digital payments ‘visibly cheaper’ than cash

By Sarah Clark • • nfcw.com

Govt to incentivise online payments to push digital transactions — Hindustan Times — “The incentives could include cashbacks and reward points for BHIM users… The note presented last week by the ministry of electronics and information technology to Parliament’s standing committee on finance detailed a five-step road map to push e-transactions. ‘Digital payments to be made visibly cheaper than cash,’ the note said.

What's New in Payments

Mahindra Comviva explores the evolution of digital payments in India

By Rian Boden • • Updated • nfcw.com
Srinivas Nidugondi

The most obvious recent change in the payments landscape across India is the significant increase in the number of digital payments taking place in both urban and rural areas as a result of the measures taken by the Indian government to push the cashless initiative to the top of the nation’s agenda, says Mahindra Comviva’s senior vice president and head of mobile financial solutions. More

What's New in Payments

Samsung Pay goes live across India with support for Paytm and UPI money transfers

By Rian Boden • • Updated • nfcw.com
Samsung Pay India

Samsung Pay has launched in India with support from Visa, Mastercard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Cards and Standard Chartered Bank, with Citibank India support expected “shortly”. The service has also integrated India’s leading mobile wallet Paytm and comes with support for peer-to-peer money transfers through the Indian government’s Unified Payments Interface platform. More

What's New in Payments

Indian government unveils sweeping proposals to reduce the use of cash

By Rian Boden • • Updated • nfcw.com
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley departs from North Block to Rashtrapati Bhavan and Parliament House, along with the Minister of State for Finance and Corporate Affairs, Shri Arjun Ram Meghwal and the Minister of State for Finance, Shri Santosh Kumar Gangwar to present the General Budget 2017-18, in New Delhi on February 01, 2017.

The Government of India has introduced a series of incentives designed to encourage consumers and businesses to adopt digital and mobile payments and significantly reduce the use of cash in the economy — including plans to encourage banks to introduce one million point-of-sale terminals by March 2017, rising to two million by September... More