India Post Payment Bank Launches Digital Payment App DakPay

India Post Payment Bank launches digital payment app DakPay, know what are its special features. India Post has made an important payment app facility to the customers.

India Post Payment Bank in association with the Department of Posts has launched the digital payment app Dak Pay on Tuesday.

Through this app, customers will get access to banking and digital transactions. This payment app has been linked to UPI.

This means that customers will be able to do digital transactions through Google Pay, just like Google Pay, Phone Pay, and other payment apps. Let us know some special things about postage.

Through postal pay, customers can do domestic money transfer (DMT), scan QR codes and make digital transactions through UPI.

Through this payment app, users will be able to take advantage of banking services from home. Through this app, users will also get services of postal products online.

Through this payment app, users can send money from any bank account to their IPPB account.

Also, to receive money from another account holder, you can send request in the same way as payment is sent in Google Pay etc.

Customers can easily pay for their purchases made at retail shops through this payment app.

Customers can scan QR codes through the postal pay app and make payments directly to the account.

Also through this app, pensioners can also avail the DLC service launched by the IPPB. This app will help in creating a cashless ecosystem.

Union cabinet may consider sugar subsidy export of Rs 3,600 crore

The Union Cabinet on Wednesday may consider a proposal to provide an export subsidy of Rs 3,600 crore to the sugar mills for the 2020-21 marketing season.

Giving this information, the sources said that the government can take this step to help the sugar mills in paying the dues of the sugarcane farmers.

Sources said that the food ministry has proposed a subsidy of Rs 3,600 crore for the export of 6 million tonnes of sugar in the marketing year (October-September) of 2020-21.

Sources said that the proposal could be considered in the meeting of the Union Cabinet on Wednesday, December 16.