Digital Banking SBI

SBI Launches ‘MOPAD’, All in One PoS Acceptance Services

State Bank of India has launched all in one Pos terminal ‘MOPAD’ to accept any type of digital payments i.e. Credit Cards, Debit Cards, Bharat QR, UPI and SBI Buddy (eWallet). MOPAD stands for ‘Multi-option payment acceptance device‘. SBI insisted that MOPAD will change the existing digital payment services at merchant outlets and customer need […]

Banking News Digital Banking UPI

How To Send Money Through Whatsapp Messenger ?

Learn steps to transfer money using Whatsapp UPI payment option – Whatsapp messenger has started rolling out the UPI based payment through their apps. New payment feature of Whatsapp Pay is now available to selected users in India. Just check out how to send money using Whatsapp Messenger. This is an easy interface for choosing […]

Banking News Digital Banking UPI

Whatsapp Pay – Really A Big Threat for eWallets & Banks

Whatsapp Pay, A new entrant in the UPI based payment interface – What would be the earning for a Payment company with more than 200 million users ? Non imaginable, but ewallet companies are going to face a tough competition ever with newly upcoming UPI interface by Facebook owned Whatsapp. Whatsapp, a P2P messaging platform […]

Digital Banking eWallets

Why Transfer of Funds Between Mobile eWallets Bad for Banks ?

RBI has allowed the transfer of funds facilities between different Mobile eWallets. Now any of the mobile ewallets users like PayTm, Mobikwik, Oxigen, Freecharge etc may transfer of money between themselves i.e. from PayTm to freecharge or Oxigen or Mobikwik or Jio Money.  Earlier it was restricted by RBI under Prepaid Instruments Guidelines or PPI’s. […]