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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
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
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
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
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…
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…
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…
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
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
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
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
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
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…
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
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
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
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…
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
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 …
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…