Payments

The rapid adoption of digital wallets in India is revolutionising shopping, transactions, and financial management, driving a major shift toward a cashless economyDigital wallets have transformed the way people in India shop and transact. As more consumers embrace cashless...

In November, the UPI transaction count was 15.48 billionNew Delhi: Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data...

This is the third time that the NPCI has extended the deadlineNew Delhi: In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party...

Previously, NPCI had permitted WhatsApp Pay to expand its UPI user base in a phased mannerNew Delhi: National Payments Corporation of India (NPCI) has lifted the limit from onboarding UPI users for the third-party app provider WhatsApp Pay with...

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any other PPI issuerNew Delhi: The Reserve Bank on Friday allowed prepaid payment ininstrumentolders to make and receive UPI payments through...

Despite the digital boom, Cash on Delivery (COD) continues to dominate in tier 2 and 3 cities, where trust in online payments is still developing.IndiaRetailing Insights: In India’s rapidly evolving retail and payment landscape, the Unified Payments Interface (UPI)...

The report said co-branded credit cards are gaining momentum. "Emerging methods such as buy now, pay later (BNPL)New Delhi: With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030...

Paytm Payments Bank Limited (PPBL) came under regulatory glare as RBI ordered it to stop accepting new deposits in its accounts and its digital wallet from MarchNew Delhi: Paytm founder Vijay Shekhar Sharma on Saturday spoke about his...

Network has over 200,000 POS terminals across over 60,000 merchants in sectors including retail, hospitality, transport, and supermarketsNew Delhi: NPCI International Payments Ltd in partnership with Network International (Network), a leading enabler of digital commerce across the Middle East...

The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-upsNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter...

In addition to his responsibilities as Country Manager, he will continue to lead business development for Visa in IndiaNew Delhi: Digital payments platform Visa on Tuesday said it has appointed Sujai Raina as the country manager for India.Besides, Sandeep...

The 'UPI Switch' will also enable 5 times faster access to UPI (Unified Payments Interface) innovations for businessesNew Delhi: Fintech company Razorpay on Tuesday launched its own UPI infrastructure with 'UPI Switch', a cloud-based innovation in partnership with Airtel...

LocalCircles on Sunday said the survey received over 34,000 responses from citizens in over 364 districts, comprising 67% of male respondents and 33% of womenNew Delhi: A majority of people will stop using UPI if a transaction fee is levied...

The development comes at a time when RBI has ordered Paytm Payments Bank Limited (PPBL) to stop accepting any money after March 15 for transactions.New Delhi: Fintech firm Google Pay Thursday announced the expansion of sound pods for merchants...