Different methods of cashless transactions

news-in-detail_3_12_4

I. CARDS, POINT OF SALE MACHINES

• According to data provided by the RBI, there were around 75 crore debit and credit cards in the country, and almost 72 crore of these are debit cards. Most of these debit cards are used for the purpose of withdrawing money from ATMs.
• Most basic payments can be made via debit and credit cards to merchants that have a Point of Sale (PoS) machine. Read more

Science & Technology News-Daily Digest: 3 Key Updates

pia03883-nohuygens

1. Following a gravitational nudge from Saturn’s moon Titan, Cassini will enter the first phase of the mission’s dramatic endgame. This phase of Cassini is called ‘Ring-Grazing Orbits’, because it will be skimming past the outer edge of the rings. Cassini will circle over and under the poles of Saturn till April 22 next year, diving every 7 days a total of 20 times through the unexplored region at the outer edges of the main rings. During the first two orbits, the spacecraft will pass directly through an extremely faint ring produced by tiny meteors striking the two small moons Janus and Epimetheus. Ring crossings in March and April will send the spacecraft through the dusty outer reaches of the F ring, that marks the outer boundary of the main ring system. Read more

International News- Daily Digest: 5 Key Updates

international-current-affairs_3_12

1. In a conciliatory state-of-the-nation address, Russian President Vladimir Putin voiced hope for mending a rift with the U.S. and pooling efforts in fighting terrorism. The speech reflected Moscow’s hope that President-elect Donald Trump could help repair ties with Washington that have sunk to a post-Cold War low over the crisis in Ukraine, the Syria war and other disputes. Mr. Putin emphasised that friendly relations between the two superpowers are essential for global stability. Mr. Putin’s live address contrasted with some of his recent speeches, in which he launched scathing attacks on the U.S. and its allies. Read more

1 2 3 247