Homec > Digital Money
According to Coinglass data, approximately $1.5 billion worth of bullish cryptocurrency positions via derivatives were liquidated over Friday and Saturday, marking one of the most substantial two-day liquidation events in at least six months.
The restoration of normal business hours has not impacted web commerce as citizens seem to have discovered the convenience of getting everything delivered to their doorstep and that too at a reduced price
Add-on Credit Card is also called a supplementary card or secondary card.
If you get reward points in the card, then ensure that you have redeemed all your points because with the closure of the card, all the reward points will also become useless.
Now, NBFCs like Bajaj Finance have also been allowed to issue PPIs like National Common Mobility Cards for commuters.
The volume and value of transactions undertaken using UPI have been seeing a steady growth in 2023. In June 2023, UPI registered 933.50 crore transactions worth Rs 14.75 lakh crore.
The objective of creating ONDC is to create a unifying platform to put relatively small sellers in touch with buyers on this digital platform to put speed and eliminate cost in the entire process.
While the potential benefits of CBDCs are compelling, the digital rupee is not without its challenges.
The government has instructed all the banks that the newly issued card or the card to be renewed should have the facility of National Common Mobility Card
RBI has changed the method of transactions made through cards. With tokenisation, card payments for online payments have become safer.