TaxTMI 
TaxTMI 
Electronic Payment System in Towns and Villages
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....lectronic Payment System in Towns and Villages <br>News and Press Release<br>Dated:- 20-12-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 20-December-2012 17:58 IST ....
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....The Reserve Bank of India (RBI), as a move towards less cash economy, from time to time, has been facilitating the use of electronic payment products by issuing various Guidelines on Electronic Paymen....
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....t System such as Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT) and National Electronic Clearing Services (NECS) in the country including in the smaller towns and village....
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....s. In addition, other payment systems such as mobile banking, prepaid payment instruments and mobile wallet also enable electronic payment facility. Banks have also been installing ATMs and Point of S....
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....ale (PoS) devices for promoting electronic payments. This was stated by the Finance Minister Shri P. Chidambaram in reply to a question in the Rajya Sabha today. * * * DSM/RS/bs<BR> News - Press re....
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....lease - PIB....