Being Digital Citizen

India's overall ranking on the government's adoption of e-payments has moved up to 24th in 2019, from 36th in 2011, but it needs to do more on digital infrastructure access and socio-economic factors, a survey said Wednesday. The country is taking "rapid strides" in advancing government e-payments capabilities and is one of the tops- performing countries in terms of citizen-to-government (C2G), business-to-government (B2G) and government-to-business (G2B) transactions, the survey by The Economist Intelligence Unit commissioned by payments company Visa said. https://www.npci.org.in/sites/all/themes/npcl/images/product-overview/IMPS.png    The country holds the top ranking on B2G and G2B and comes third on C2G jointly with Argentina. Norway leads the pack in the 73-country ranking, followed by France and Denmark. The 73-country survey, which was last conducted in 2011, looks at the availability of government electronic transaction services and the under

As more Indians step up to make online payments, there is a proliferation of payment gateways and mobile wallets, many of which are facing the risk of being misused by unscrupulous merchants. https://analyticsindiamag.com/wp-content/uploads/2017/10/thirdwatch.png Payment service providers like  Citrus Pay  and  PayU  claim the low-interest rates offered by payment gateways — 1% compared with up to 3% — charged by  credit card  companies is being taken advantage of by several small traders who set up online stores and withdraw money citing fake transactions. “We have lost Rs 4.5 lakh on account of fraud out of which one e-commerce merchant sold a used ‘car’ worth Rs 1 lakh to himself by his credit card,” said Nitin Gupta, CEO of PayU  India , one of India’s leading payment gateways, which has over 30,000 e-commerce merchants registered with it. Cash withdrawal at an  ATM  in India through a credit card is charged at about 2.7%-2.8% monthly, which on an annualized compound