Aadhaar Enabled Digital Payments Doubled While UPI’s Fall Continues

May 6, 2020

Aadhaar-enabled payment system (AePS) doubled to 11.3 Mn during the lockdown even as digital payments dropped significantly. The spike in AePS payment is mainly due to the government using AePS to transfer funds of various welfare and benefit schemes. In March 2020, the number of AePS stood at 181.81 Mn which roughly translates to an average of 6 Mn transactions daily. In a tweet, the finance ministry said that the…

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Samsung offers discounts, cashbacks on pre-booking of Galaxy S20 series

May 6, 2020

Samsung has started receiving bookings for the Galaxy S20 series in India. The company launched new offers to trigger the suppressed demand after the lockdown was instituted across the country on 25 March. Samsung has announced a limited period offer worth ₹4,000 for all those who pre-booked the Galaxy S20 smartphones. The offer is applicable to all those who purchase and activate it between 4 May to 20 May. The…

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