PYMNTS

AUGUST 19, 2019

Last month, India’s Finance Minister Nirmala Sitharaman announced that businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards. For debit cards, the fees are, on average, between 0.40 percent and 0.80

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BankBazaar

JULY 30, 2023

With a rapidly growing economy and diverse financial options, understanding the right strategies and hacks can make all the difference in achieving your financial goals. They allow you to take advantage of rupee cost averaging and reduce the impact of market fluctuations on your investments.

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PYMNTS

MAY 31, 2018

In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. By March of 2018 the system was handling around 178m transactions, worth about $3.6bn.

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BankBazaar

AUGUST 28, 2020

All that glitters is gold, but that doesn’t mean you should hope for all your gold investments to shine! Secondly, the latter usually comes at a premium cost, whereas the value of these bonds is closer to the actual price of gold. Oh, and don’t forget about the making charges that are involved in gold jewellery.

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CB Insights

FEBRUARY 16, 2021

After all, most businesses aren’t interested in accepting a currency like bitcoin that might tank in value the very next day. By 2018, that same order cost $82M — all as a result of bitcoin’s drastic change in price. Recently, there has been a so-called “stablecoin invasion.” Source: Quartz. Get the 23-page stablecoin report.

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