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Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…
PTI
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…
PTI
Women are more likely to adopt digital financial services when introduced by local agents or women community influencers
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…
ANI
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
Paytm shares climb over 3% on receiving govt's nod for investment in Paytm Payments Services
The stock went up by 3.05 per cent to settle at Rs 554.45 on the BSE. During the day, it climbed 5 …
PTI
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
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
BSE denies tech glitch on June 4; lag in payment receipt from banks led to delayed mutual fund NAV
Several investors purchased their mutual funds before the cut-off time, although they were assi…
PTI
NPCI International to support Namibia develop instant payment system like UPI
A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…
ANI
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of documen…
PTI
Paytm shares jump 5%, hit upper circuit limit
Shares of One97 Communications Ltd, which owns and operates Paytm, on Friday, jumped 5 per cent af…
PTI
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.