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4 mins read

India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.

PTI   


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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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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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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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Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…

PTI   


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Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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2 mins read

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   


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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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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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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…

ANI   


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3 mins read

From AI photo editing to international UPI payments, here are upcoming WhatsApp features

WhatsApp received several features in 2023, including the ability to edit messages that have alread…

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2 mins read

Amid Paytm Payments Bank crisis, Google announces expansion of Soundpods across India

Fintech firm Google Pay Thursday announced the expansion of soundpods for merchants across India to…

PTI   


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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   


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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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4 mins read

Quishing on the rise – Be alert while scanning payment QR codes

Digital payments have grown by leaps and bounds in India over the past few years, with unified paym…

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3 mins read

Adani Group could soon enter e-commerce and UPI segments, to rival Mukesh Ambani and Google

Gautam Adani-led Adani Group has a diverse portfolio, from ports to energy and more. The conglomera…

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2 mins read

Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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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…

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India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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1 min read

RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders

Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…

PTI