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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
2 mins read
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…
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
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
2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
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
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
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…
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…
2 mins read
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…
2 mins read
India’s credit card market set to double by 2029, reaching 200 million cards
India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…
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
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
2 mins read
External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
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
2 mins read
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
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 …
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…
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
5 mins read
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…