Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise

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    <h1 class="cat-box-title">Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise<br /><br />New Delhi: </em>Digital transactions in September rose to the second highest monthly level by value since the government&rsquo;s demonetisation exercise in November.<br /><br />Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank of India (RBI).<br /><br />It&rsquo;s the second highest total for a month since the 8 November demonetisation, which caused a cash crunch that forced consumers to turn to cashless payments. The highest was in March at Rs149.59 trillion.<br /><br />The number of digital transactions fell marginally to 865.8 million in September from 883.4 million in August.<br /><br />Digital transactions include those through credit and debit cards, the unified payments interface (UPI), unstructured supplementary service data (USSD), prepaid payment instruments (PPIs) and internet banking. Transactions across UPI reached a new peak in September. The transaction volume was 30.8 million, up 85% from 16.6 million in the previous month. The value of transactions rose around 28% to Rs5,293 crore in September from Rs4,127 crore in the previous month. Since December, the UPI transaction volume has risen more than 10-fold, according to the RBI data.<br /><br />UPI is a payments system launched by National Payments Corp. of India (NPCI) that facilitates instant fund transfer between two bank accounts on a mobile platform, without requiring any details of the beneficiary&rsquo;s bank account.<br /><br />&ldquo;UPI has started to overtake net banking as it is much a flexible money transfer platform than the latter. Most of the payment gateways have also introduced the option to pay via UPI along with other modes of payments and given the ease it offers while making payments, most people opt for it,&rdquo; said Rajesh Khanchandani, head-marketing, digital and business development at Bijlipay, a digital payment solutions company.<br /><br />Transactions through UPI received a major stimulus from the government after Prime Minister Narendra Modi launched the Bhim (Bharat Interface for Money) app on 30 December. UPI was launched in August 2016 with 21 banks, and is currently being offered by about 55 banks. An upgraded version of UPI is expected to be launched soon. Also, usage of PPIs such as mobile wallets hit a new record in terms of the value of transactions. Transactions worth Rs2,759 crore were recorded in September against Rs2,722 crore in the previous month. However, the volume of PPI transactions fell marginally by 2.5% to 87.5 million in September from 89.7 million in August. The provisional data considers transactions of PPI issued by eight non-bank issuers for goods and services transactions only.<br /><br />Please <a href="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html" title="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html" class="re" target="_blank">Livemint.com, 5 October, 2017, http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise<br /><br />New Delhi: </em>Digital transactions in September rose to the second highest monthly level by value since the government&rsquo;s demonetisation exercise in November.<br /><br />Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank of India (RBI).<br /><br />It&rsquo;s the second highest total for a month since the 8 November demonetisation, which caused a cash crunch that forced consumers to turn to cashless payments. The highest was in March at Rs149.59 trillion.<br /><br />The number of digital transactions fell marginally to 865.8 million in September from 883.4 million in August.<br /><br />Digital transactions include those through credit and debit cards, the unified payments interface (UPI), unstructured supplementary service data (USSD), prepaid payment instruments (PPIs) and internet banking. Transactions across UPI reached a new peak in September. The transaction volume was 30.8 million, up 85% from 16.6 million in the previous month. The value of transactions rose around 28% to Rs5,293 crore in September from Rs4,127 crore in the previous month. Since December, the UPI transaction volume has risen more than 10-fold, according to the RBI data.<br /><br />UPI is a payments system launched by National Payments Corp. of India (NPCI) that facilitates instant fund transfer between two bank accounts on a mobile platform, without requiring any details of the beneficiary&rsquo;s bank account.<br /><br />&ldquo;UPI has started to overtake net banking as it is much a flexible money transfer platform than the latter. Most of the payment gateways have also introduced the option to pay via UPI along with other modes of payments and given the ease it offers while making payments, most people opt for it,&rdquo; said Rajesh Khanchandani, head-marketing, digital and business development at Bijlipay, a digital payment solutions company.<br /><br />Transactions through UPI received a major stimulus from the government after Prime Minister Narendra Modi launched the Bhim (Bharat Interface for Money) app on 30 December. UPI was launched in August 2016 with 21 banks, and is currently being offered by about 55 banks. An upgraded version of UPI is expected to be launched soon. Also, usage of PPIs such as mobile wallets hit a new record in terms of the value of transactions. Transactions worth Rs2,759 crore were recorded in September against Rs2,722 crore in the previous month. However, the volume of PPI transactions fell marginally by 2.5% to 87.5 million in September from 89.7 million in August. The provisional data considers transactions of PPI issued by eight non-bank issuers for goods and services transactions only.<br /><br />Please <a href="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html" title="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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        LATEST NEWS UPDATES | Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta    </title>
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Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise

New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government&rsquo;s..."/>
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Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise

New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government&rsquo;s..." />
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                            <div align="justify">-Livemint.com<br /><br /><em>Digital transactions rose 13.5%&mdash;from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise<br /><br />New Delhi: </em>Digital transactions in September rose to the second highest monthly level by value since the government&rsquo;s demonetisation exercise in November.<br /><br />Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank of India (RBI).<br /><br />It&rsquo;s the second highest total for a month since the 8 November demonetisation, which caused a cash crunch that forced consumers to turn to cashless payments. The highest was in March at Rs149.59 trillion.<br /><br />The number of digital transactions fell marginally to 865.8 million in September from 883.4 million in August.<br /><br />Digital transactions include those through credit and debit cards, the unified payments interface (UPI), unstructured supplementary service data (USSD), prepaid payment instruments (PPIs) and internet banking. Transactions across UPI reached a new peak in September. The transaction volume was 30.8 million, up 85% from 16.6 million in the previous month. The value of transactions rose around 28% to Rs5,293 crore in September from Rs4,127 crore in the previous month. Since December, the UPI transaction volume has risen more than 10-fold, according to the RBI data.<br /><br />UPI is a payments system launched by National Payments Corp. of India (NPCI) that facilitates instant fund transfer between two bank accounts on a mobile platform, without requiring any details of the beneficiary&rsquo;s bank account.<br /><br />&ldquo;UPI has started to overtake net banking as it is much a flexible money transfer platform than the latter. Most of the payment gateways have also introduced the option to pay via UPI along with other modes of payments and given the ease it offers while making payments, most people opt for it,&rdquo; said Rajesh Khanchandani, head-marketing, digital and business development at Bijlipay, a digital payment solutions company.<br /><br />Transactions through UPI received a major stimulus from the government after Prime Minister Narendra Modi launched the Bhim (Bharat Interface for Money) app on 30 December. UPI was launched in August 2016 with 21 banks, and is currently being offered by about 55 banks. An upgraded version of UPI is expected to be launched soon. Also, usage of PPIs such as mobile wallets hit a new record in terms of the value of transactions. Transactions worth Rs2,759 crore were recorded in September against Rs2,722 crore in the previous month. However, the volume of PPI transactions fell marginally by 2.5% to 87.5 million in September from 89.7 million in August. The provisional data considers transactions of PPI issued by eight non-bank issuers for goods and services transactions only.<br /><br />Please <a href="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html" title="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html" class="re" target="_blank">Livemint.com, 5 October, 2017, http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html</a><div class="clear"></div>
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Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta

Published on Oct 6, 2017   Modified on Oct 6, 2017

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank of India (RBI). It’s the second highest total for a month since the 8 November demonetisation, which caused a cash crunch that forced consumers to turn to cashless payments. The highest was in March at Rs149.59 trillion. The number of digital transactions fell marginally to 865.8 million in September from 883.4 million in August. Digital transactions include those through credit and debit cards, the unified payments interface (UPI), unstructured supplementary service data (USSD), prepaid payment instruments (PPIs) and internet banking. Transactions across UPI reached a new peak in September. The transaction volume was 30.8 million, up 85% from 16.6 million in the previous month. The value of transactions rose around 28% to Rs5,293 crore in September from Rs4,127 crore in the previous month. Since December, the UPI transaction volume has risen more than 10-fold, according to the RBI data. UPI is a payments system launched by National Payments Corp. of India (NPCI) that facilitates instant fund transfer between two bank accounts on a mobile platform, without requiring any details of the beneficiary’s bank account. “UPI has started to overtake net banking as it is much a flexible money transfer platform than the latter. Most of the payment gateways have also introduced the option to pay via UPI along with other modes of payments and given the ease it offers while making payments, most people opt for it,” said Rajesh Khanchandani, head-marketing, digital and business development at Bijlipay, a digital payment solutions company. Transactions through UPI received a major stimulus from the government after Prime Minister Narendra Modi launched the Bhim (Bharat Interface for Money) app on 30 December. UPI was launched in August 2016 with 21 banks, and is currently being offered by about 55 banks. An upgraded version of UPI is expected to be launched soon. Also, usage of PPIs such as mobile wallets hit a new record in terms of the value of transactions. Transactions worth Rs2,759 crore were recorded in September against Rs2,722 crore in the previous month. However, the volume of PPI transactions fell marginally by 2.5% to 87.5 million in September from 89.7 million in August. The provisional data considers transactions of PPI issued by eight non-bank issuers for goods and services transactions only. Please click here to read more.

Livemint.com, 5 October, 2017, http://www.livemint.com/Industry/7doA24IlJ1Tch12AAzCU5L/Digital-transactions-rose-135-to-Rs12469-trillion-in-Sept.html

Tagged with: Cashless Economy Online transactions Digital Economy Digital Payments

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