KUALA LUMPUR: All payment transactions for all types of vehicle inspections at Puspakom Sdn Bhd( Puspakom) will go cashless from July 1. Puspakom chief executive officer Shukor Ismail said the implementation of the cashless transaction would be enforced at all 54 checkpoints of the agency nationwide from that date.He said customers can make payments online via e-wallets, debit cards or credit cards.He also added that Puspakom accepts cashless payments through various e-wallet options including P

KARACHI: The number of transactions conducted via mobile banking channels grew 29 per cent by volume and 36pc by value at 79.1 million and Rs2.2 trillion during the July-September quarter of 2021-22. The State Bank of Pakistan( SBP) in its quarterly report released on Monday said that e-banking — defined as transactions conducted via electronic channels( including Real-time Online Branches, ATMs, mobile banking, internet banking, call centre banking, POS and e-commerce) — continued to thrive in

As digital technology creates new and different ways to transact we have witnessed the emergence of new forms of currency and transaction platforms to support different methods and types of value exchange.... New methods of transaction could have wider economic and social implications with regard to the extent of government control over the economy; the structure of traditional models of tax, social security and pensions; and the role of individuals and communities in the wider financial system

BEIJING--China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year....

HAVANA( Reuters)-The Cuban Central Bank issued rules this week banning state and private businesses from using ATMs and limiting cash transactions between them, as it seeks to tame runaway inflation and off-the-books business amid a grave economic crisis. The regulations went into effect on Thursday.... They limit cash transactions to 5000 pesos and will be implemented gradually over six months, official media said. The government pegs the dollar at 24 pesos and for select companies, tourists a

HAVANA( Reuters)-The Cuban Central Bank issued rules this week banning state and private businesses from using ATMs and limiting cash transactions between them, as it seeks to tame runaway inflation and off-the-books business amid a grave economic crisis. The regulations went into effect on Thursday.... They limit cash transactions to 5000 pesos and will be implemented gradually over six months, official media said. The government pegs the dollar at 24 pesos and for select companies, tourists a

Electronic trade facilitation app, TradeSwift DAGANGNET, is set to transform Malaysia’s trade landscape with digital solutions.AS the relentless pace of technological advancement continues on, digital transformation becomes eminent across all industries. The change in the business environment has accelerated the need for digitalisation, leveraging technologies, such as artificial intelligence( AI), Fourth Industrial Revolution( 4IR), big data and Internet of Things( IoT).In response to this dema

ACCRA( Reuters)-A brawl broke out on the floor of Ghana's parliament late on Monday as lawmakers debated a proposed tax on electronic transactions that has divided the house for weeks.... Members of parliament rushed the front of the chamber after Deputy Speaker Joseph Osei-Owusu suggested the tax be debated and voted upon under a hastened' urgency' procedure.... Some threw punches and grappled while others restrained their colleagues....

Following the successful completion of the Air India sale, the government has now received financial bids for strategic divestment of Central Electronics Ltd, taking the privatisation process of the public sector undertaking( PSU) to the concluding stage. Financial bids for strategic disinvestment of Central Electronics Ltd( CEL) were received by Transaction Adviser, Department of Investment and Public Asset Management( DIPAM) Secretary Tuhin Kanta Pandey said in a tweet. The government is looki

This news has been read 310 times!... Over 19, 000 national workers registered for employmentKUWAIT CITY, June 11: An inside source at the Public Authority for Manpower disclosed to Al-Anbaa the organization’s steadfast commitment to advancing electronic systems and expanding services within the “ Sahel ” application, alongside the “ Ashal ” service and other electronic platforms provided by the Authority. According to the source, these efforts align with the Authority’s overarching goal to mod