The GST notice highlights a growing concern about the expanding informal economy, where digital payments are increasingly bringing small businesses into the scope of taxation. Many supporters of these small vendors argue that such businesses operate on slim profit margins, making them vulnerable to the financial burden of tax compliance.
Hyderabad: With card tokenisation set to come into place from July 1, there are many questions being raised about the system and why is it important. Tokenisation is a process by which card details are replaced by a unique code thus making online payments safer and secure without the need to share full card details. […]
Users of the service can now add the BitPay Prepaid Mastercard to their Apple Pay wallets. The card allows users to convert cryptocurrencies like Bitcoin into spendable fiat currency, and then load it onto the prepaid card for payments