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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 ...
Electronic benefit transfer. Electronic benefit transfer ( EBT) is an electronic system that allows state welfare departments to issue benefits via a magnetically encoded payment card used in the United States. It reached nationwide operations in 2004. The average monthly EBT payout is $230 per participant as of 2022. [1]
FASTag. FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI). [ 3][ 4] It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner. It is affixed on the windscreen of the ...
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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 ...
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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:
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 ...