Tag: Demonetisation

WhatsApp may disrupt Paytm demonetisation rides in digital payments market in India: Report

WhatsApp may disrupt Paytm demonetisation rides in digital payments market in India: Report

Established players such as Paytm are also feeling the push and fear that their position will be challenged with the entry of WhatsApp payments.
Demonetisation, Narendra Modi, Black Money, Arun Jaitley, PM Narendra Modi, Demonetisation Failure, Demonetisation Success, Outcome of Demonetisation, Effect of Demonetisation, Demonetisation Anniversary

Demonetisation Anniversary: The biggest blunder PM Narendra Modi should have avoided

On this day, the November 8, 2016, in midnight, Prime Minister Narendra Modi announced his decision to demonetise 87% of Indian currency – Rs 500 and Rs 1000 notes – which were in circulation. We look at the few reasons why demonetisation failed and what could have given intended results.

Post demonetisation: Digital transactions have started declining

Digital transactions, which gained prominence post demonetisation, have started declining with pick up in remonetisation, indicating return of people’s preference for cash
Customers and merchants using RuPay card, BHIM, UPI, USSD-based and Aadhaar-enabled Payment Service are eligible for daily and weekly lucky draw prizes for digital payment

7.6 lakh citizens receive Rs 117 crore for paying digitally, says NITI Aayog

Customers and merchants using RuPay card, BHIM, UPI, USSD-based and Aadhaar-enabled Payment Service are eligible for daily and weekly lucky draw prizes for digital payment.
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