PM Modi launches BHIM-Aadhaar App : Now you can transact with your Thumb

Prime Minister Shri Narendra Modi launched the Aadhaar-based payments through BHIM App service for merchants. BHIM App was launched by Prime Minister Narendra Modi on December 30, 2016. Within 10 days of its launch, the app had clocked 10 million installs. BHIM Aadhaar would be applicable for retail merchants (individuals and sole proprietors) only and not for corporate merchants. BHIM Aadhaar works on NPCI’s existing product – Aadhaar Enabled Payment System (AePS). It allows the…

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Union Budget 2017 and its impact on Tech

The Union Budget for 2017 was announced by the Honorable Finance Minster Shri Arun Jaitley on February 1 and it covers a lot of interesting announcements related to the IT sector. Now, we take a look at some major announcements made for the IT sector. The Finance Minister has announced that Railway tickets booked via IRCTC won’t attract  any kind of service charges. A new Metro Rail Policy will be announced with focus on innovative…

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