internet banking

RBI clears ‘interoperable’ net banking payments

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RBI clears ‘interoperable’ net banking payments

MUMBAI: RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive payments from any bank via internet banking, without signing up for every bank.Bharat Bill Payment System, an arm of the National Payments Corporation of India, will implement a new system of interoperable netbanking payments. This … Read more

Soon, know real time if NEFT, internet banking, UPI, mobile banking are working or down with new banking dashboard

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Soon, know real time if NEFT, internet banking, UPI, mobile banking are working or down with new banking dashboard

The Reserve Bank of India (RBI) has instructed banks to consider establishing a ‘service availability web page‘ or SEWA dashboard. This dashboard will enable customers to compare various banking facilities offered by different lenders and provide up-to-date information on the availability of digital payment channels and services.According to an ET report, the RBI aims to … Read more