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Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe

Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…

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4 mins read

UPI refund to digital arrest scam, here are some online scams you need to be aware of

The internet has revolutionised daily life in India, making digital payments convenient. However, f…

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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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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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Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC

In terms of transaction value, the market is expected to nearly double during this period, expandin…

ANI   


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Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey

Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …

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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UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report

This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …

PTI   


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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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Best credit cards for online shopping this festive season

The festive season is here and with it, you are likely to make several purchases from e-commerce pl…

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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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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   


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4 mins read

Top 5 personal finance scams in India and how to stay safe from them

Don’t make any payments just because a stranger told you to. Verify the situation and the person’s …

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2 mins read

Over 40% consumers use digital payment every day in Tier 3-6 cities: Report

According to the report, nearly half of the merchants who are not using digital payments in r…

PTI   


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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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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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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   


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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…

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Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack

The issues are being faced for the last two days after the discovery of a breach of the system…

PTI