Saturday, November 26, 2022
-Advertisement-
National DefTech Summit 2022
National DefTech Summit 2022
National DefTech Summit 2022
National DefTech Summit 2022
-Advertisement-
National DefTech Summit 2022
National DefTech Summit 2022
National DefTech Summit 2022
National DefTech Summit 2022
Tech ObserverNewsGovTechNarendra Modi govt says BHIM app users have spent Rs 361 cr so far

Narendra Modi govt says BHIM app users have spent Rs 361 cr so far

Transactions worth Rs 361 crore have so far been made using the newly-launched Bhim application for mobile phones, Lok Sabha was informed.

Transactions worth Rs 361 crore have so far been made using the newly-launched Bhim application for mobile phones, Lok Sabha was informed.

Transactions worth Rs 361 crore have so far been made using the newly-launched Bhim application for mobile phones, Lok Sabha was informed.

Minister of State for Planning Rao Inderjit Singh also said the BHIM (Bharat Interface for Money) app has brought various banks under one umbrella, making convenient for the users.

Earlier, the consumers had to use different applications offered by various banks for digital transactions.

Responding to supplementaries during Question Hour, he said while Scandinavian countries have achieved a rate of 90 per cent in digital transactions, in India the figure was three per cent.

If the figure reaches 22 per cent, will help cut down black money from the economy, Singh said.

To a poser on whether security was in place for digital economy, he said though no system is “101 per cent fool-proof”, India being a software-rich nation, it will be able to plug the flaws on its own.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

- Advertisement -

Your Comment on this Story

Comments

Share on activity feed

Powered by WP LinkPress

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -ESDS SAP HANA Community Cloud
- Advertisement -

2023 Cloud Protection Trends: Not a one-way journey to the cloud

While organizations of all sizes now embrace hybrid-cloud architectures, it is not a one-way journey to the cloud that reduces the importance of the modern data center.

RELATED ARTICLES

- Advertisement -