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1 min read

Zoho launches Zoho Payments, a payment gateway and aggregator

Zoho Payments as a payment aggregator has been registered as a Bharat Bill Payment Operating Unit (…

PTI   


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2 mins read

PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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2 mins read

Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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2 mins read

UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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2 mins read

RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment

Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting…

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2 mins read

Zomato announces new feature for cash on delivery orders and it can help solve a huge problem

Zomato has introduced a feature to address the inconvenience of finding exact change for cash on de…

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2 mins read

UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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2 mins read

India's UPI service now available in Sri Lanka and Mauritius

India's instant payment technology Unified Payment Interface (UPI) services were launched in Sri La…

ANI   


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1 min read

Reserve Bank asks NPCI to help continue operations of Paytm app

Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …

PTI   


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1 min read

MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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3 mins read

Rupee falls 1 paisa to close at 83.96 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…

PTI   


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1 min read

Surge in top-up housing loans not system-wide issue, says RBI Governor

Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…

PTI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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1 min read

Zomato gets RBI approval to operate as 'online payment aggregator'

Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …

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2 mins read

UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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1 min read

Global cyber outage: Banks, payments systems unaffected by Microsoft outage

HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…

PTI   


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3 mins read

Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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2 mins read

Eight in ten new UPI users are coming from Bharat

The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…