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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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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…

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2 mins read

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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3 mins read

Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…

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2 mins read

UPI transactions reach 657 crore in August worth ₹10.72 lakh crore

The Unified Payments Interface (UPI) registered a record 6.57 billion (657 crore) transactions wort…

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2 mins read

Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur

Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …

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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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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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1 min read

India tops world ranking in digital payments, records 89.5 million transactions in 2022: MyGovIndia

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments…

ANI   


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3 mins read

With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report

Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…

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3 mins read

Paytm records revenue growth of 38% YoY in Q3FY24

Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…

ANI   


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3 mins read

How fintech leader Paytm revolutionised QR and took UPI to every nook & corner of India

Paytm is a digital payments pioneer in India, and its products have revolutionized the payment land…

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2 mins read

India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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2 mins read

India saw 20.5 billion online transactions worth ₹36 trillion in Q2: report

The online transactions were processed through debit and credit cards, prepaid payment instrumen…

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2 mins read

Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay

While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…

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3 mins read

Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions

The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobi…

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2 mins read

UPI reaches new heights with 5.58 billion transactions in April 2022

The data shared by the National Payments Corporation of India (NPCI) has revealed that 5.58 billion…

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2 mins read

WhatsApp carried out only 17 million UPI transactions last fiscal, PhonePe was at 20 billion

Over 45 billion transactions were carried out through the unified payments interface (UPI) in the f…

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2 mins read

The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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2 mins read

Indian consumers made 9.36 bn transactions worth ₹10.25 trillion in Q1 2022

India saw 9.36 billion transactions amounting to ₹10.25 trillion in the first quarter (January-Marc…