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Manipur started using Vahan and Sarathi by February 5, 2010, in 3 districts: Churachandpur, Imphal East, and Imphal West. Uttar Pradesh started using Vahan and Sarathi as of June 1, 2011, for maintaining online records of the Transport Department at 73 locations, and the software is replacing paper documents. The transport department has ...
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [ 1][ 2] It is used on mobile devices to instantly transfer ...
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YSR Vahana Mitra was launched by Chief minister of Andhra Pradesh Y. S. Jagan Mohan Reddy on 4 October 2019 in order to assist auto, taxi and maxi-cab drivers from poor economic background by providing the financial assistance of ₹10,000 per year. [2]
There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...
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A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...
Online Banking ePayments. Online Banking ePayments ( OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers. It is specifically designed to address the unique requirements of payments made via the Internet. [1] Key aspects of OBeP that distinguish it from other online payments systems are: