Tag: digital payments

Aug 01 2022

Restrictions On Cash Payments In Israel Prompt Shift To Digital Payments

In an effort to encourage Israelis away from using cash and towards paying digitally, Israel recently enacted a new regulation limiting the use of cash on August 1st. Starting in 2019, an Israeli company's cash transaction limit was 11,000 NIS ($3,200) per client. With this restriction on using cash transactions with clients, Israel continues its […]

Dec 21 2020

India’s State-Led Payment Network Is Growing. Now India Wants to Export It

India’s state-led payments system, United Payments Interface (UPI), was first rolled out in 2016 and is currently used by 175 million people.

Dec 09 2020

India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart

Dec 09 2020 Published at CoinDesk under tags  digital payments google india news walmart

A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.

Nov 27 2020

Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Nov 27 2020 Published at CoinDesk under tags  digital payments facebook libra news

Libra might eventually get off the ground as early as January albeit in a more limited format.

Nov 25 2020

In India, a Clash of Digital Innovation and Internet Censorship

Nov 25 2020 Published at CoinDesk under tags  censorship coindcx digital payments india media

Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?

Nov 19 2020

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

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