Payments

The company was valued at $12 billion during its last funding round held in 2023New Delhi: India's biggest fintech firm PhonePe has started preparing for its potential initial public offering (IPO) for listing on the country's bourses, the company...

The Securities and Exchange Board of India (Sebi) has sought public comments on the proposals by February 21New Delhi: Markets regulator Sebi on Friday proposed a new mechanism to ensure secure and efficient payments in the securities market through...

With this new offering, Flipkart further strengthens its Recharges and Bill Payments platformNew Delhi: Flipkart, India’s leading e-commerce marketplace, has introduced a credit card bill payment feature on Flipkart Pay, further strengthening its position as a comprehensive digital payment...

The company has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and SingaporeNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, will primarily focus on financial services for...

The collaboration aims to expand the QR-based merchant payment network in the UAE by enabling more merchants to provide UPI as a payment.New Delhi: NPCI International Payments Limited (NIPL) on Wednesday announced a partnership with UAE-based payment solution provider...

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...