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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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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…

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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   


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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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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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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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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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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

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

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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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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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

Fintech pioneer Paytm is expanding its in-store payments leadership with its All-in-One Card Machine

For any business to grow successfully, digitisation is the key. As mobile payments are becoming mai…

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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

Here’s how Paytm built a scalable, revenue-generating UPI model with focus on merchant payments

Paytm’s focus on subscription services to create additional payment monetization continues to ex…

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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

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…