J&K Bank among top 5 in digital payment transactions

J&K Bank among top 5 in digital payment transactions

SRINAGAR: While falling in line with ‘Digital India campaign’, J&K Bank has figured among top 5 banks in achieving targets in digital payment transactions. Pursuing an annual target of 4 crore digital transaction for the current financial year, 2018-19, the bank has captured 1.17 crore digital payment transactions in the first quarter of the current […]

SMC to introduce POS, online payments by August

SMC to introduce POS, online payments by August

Srinagar: The Srinagar Municipal Corporation would install Point of Sale (POS) machines at its 34 wards and central office, and also introduce online payment system transactions to facilitate digital payments, Commissioner SMC Riyaz Ahmed Wani said Saturday. A statement issued by the SMC said the initiative has been taken in the wake of guidelines framed […]

RBI seeks update on payments data storage every fortnight

RBI seeks update on payments data storage every fortnight

NEW DELHI: Amid concern around data security, the Reserve Bank of India is learnt to have asked payment services firms to provide an update on action taken by them to store transaction data in India in every fortnight. “You are hereby advised to inform the status of ensuring compliance…The same shall be submitted by June […]

Deadline for completing ePDS set to March 31

Deadline for completing ePDS set to March 31

Food minister assesses progress on installation of PoS machines JAMMU: 31st March 2018 has been set as the deadline for completing Electronic Public Distribution System (ePDS) in the state, Minister for Food, Civil Supplies & Consumer Affairs (FCS&CA), Chowdhary Zulfkar Ali announced on Wednesday while directing authorities to expedite the installation of PoS devices in […]

Digital plans slow down in J&K as over 1,500 CSCs ‘useless’ out of 3,467

Digital plans slow down in J&K as over 1,500 CSCs ‘useless’ out of 3,467

Srinagar: More than 1,500 Common Services Centres (CSCs), created to deliver various digital services to people across Jammu and Kashmir, are reported to be defunct, even as people, especially in rural areas, are facing immense hardships to avail of services like Aadhaar and PAN cards in their respective areas. Under the CSC scheme launched by […]

UNICEF calls for action to end digital divide

UNICEF calls for action to end digital divide

KOLKATA: Only 15 per cent people have access to the Internet in the least-developed countries, a UNICEF report has revealed. In developed countries, an estimated 81 per cent people use Internet, the report cover­ing 24 countries, including India, in 2017 said. Digital divide do not merely separate the connected from the unconnected, they go deeper […]

Funds organization unable to deliver as NIC fails to modify software

Funds organization unable to deliver as NIC fails to modify software

SRINAGAR: The Jammu and Kashmir Funds Organization is unable to settle the General Provident Funds and other fund related cases of employees as the National Informatics Centre (NIC) failed to update the requisite software helping to update the new interest rates. All Jammu Kashmir Funds Employees Union, president, Qaiser Mujeeb Andrabi in a statement issued […]

Digi Dhan Mela Udhampur: ‘Promote digital payments to weed out black money’

Digi Dhan Mela Udhampur: ‘Promote digital payments to weed out black money’

UDHAMPUR: With an aim to  promote Digital payment and cashless transaction in the district, a Digi-Dhan Mela was Saturday organized by District administration, Udhampur, in collaboration with J&K Bank at New Town Hall here. GoI Minister of State for Development of North Eastern Region and Prime Minister’s Office, Dr. Jitendra Singh was the Chief Guest […]

Drabu launches ‘Easy Collect’ online payment portal at toll plaza Lakhanpur

Drabu launches ‘Easy Collect’ online payment portal at toll plaza Lakhanpur

Excise Deptt goes cashless in collaboration with J&K bank KATHUA: In order to encourage cashless and hassle-free payments, Minister for Finance, Labour & Employment Dr Haseeb Drabu Wednesay launched “Easy Collect”, a multi modal payment portal of the Excise Department at Toll Post Lakhanpur Minister for Forest, Environment and Ecology Choudhary Lal Singh and Chairman […]

GoI gives Rs 153.5 crore to 10 lakh users for embracing digital payments

GoI gives Rs 153.5 crore to 10 lakh users for embracing digital payments

SRINAGAR: The GoI on Tuesday said it has disbursed over Rs 153.5 crore as reward money to nearly 10 lakh users for promoting digital payments across the country under different schemes. In a statement issued by PIB, Maharashtra topped the list in embracing digital payments followed by Tamil Nadu, Uttar Pradesh, Andhra Pradesh and Delhi. […]