https://www.taxtmi.com/news?id=17194 Launch and promotion of the BHIM payment app with consumer and merchant prize draws to spur digital payment adoption; planned biometric fingerprint authentication will allow payments without specific phones or internet, extending access to remote, low-resource users. The initiative aims to formalise informal cash flows, creating transaction histories to enable small traders and workers to access formal credit, reduce dependence on moneylenders, and target welfare via redirected subsidies. Media engagement and public participation are urged to accelerate behavioural change toward a cashless economy. en-us Sat, 31 Dec 2016 12:46:52 +0530 Sat, 31 Dec 2016 12:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17194 Launch and promotion of the BHIM payment app with consumer and merchant prize draws to spur digital payment adoption; planned biometric fingerprint authentication will allow payments without specific phones or internet, extending access to remote, low-resource users. The initiative aims to formalise informal cash flows, creating transaction histories to enable small traders and workers to access formal credit, reduce dependence on moneylenders, and target welfare via redirected subsidies. Media engagement and public participation are urged to accelerate behavioural change toward a cashless economy. News - Sat, 31 Dec 2016 12:46:52 +0530 https://www.taxtmi.com/news?id=17194