internet banking

Launch of interoperable payment system for internet banking in 2024: RBI Guv

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Launch of interoperable payment system for internet banking in 2024: RBI Guv

MUMBAI: Reserve Bank Governor Shaktikanta Das on Monday said the launch of interoperable payment system for internet banking is likely in 2024 which will facilitate quicker settlement of funds for merchants.Internet banking is one of the oldest modes for online merchant payment transactions and is a preferred channel for payments like income tax, insurance premium, …

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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 …

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