Payments

New Delhi: Fintech firm One97 Communications, which owns Paytm brand, plans to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, the company said on Wednesday.The company will make the investment...

The move was initiated after the mismatch in e-way bills and e-invoice statements was noticed in several casesKolkata: Mandatory linking of e-invoice with e-way bill, applicable from March 1 for certain types of transactions, may cause disruption in operation...

According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution Bengaluru: Notable changes are on the cards for Unified Payments...

7 Ring is an open-loop contactless payment wearable solution powered by the RuPay network New Delhi: Homegrown consumer electronic startup Seven has unveiled a new smart ring called 7 Ring, a contactless payment solution device, the company announced in a...

Paytm's contribution profit grew 69 per cent during the reported quarter to Rs 1,426 crore from Rs 843 crore in September 2022New Delhi: Fintech company One97 Communications, which operates under the Paytm brand, on Friday reported a narrowing of consolidated...

Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...

The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi: Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...

PayU will offer 150+ payment options, including cards, UPI, and net banking, all directly within the WhatsApp platform without the need for redirection New Delhi: Payment solutions provider PayU has announced its partnership with WhatsApp to provide online payment experiences...

Founded in 2018 by Kuber Pritmani, Jai Hemrajani and Rupam Jain, BillMe has served over 4,000 businesses and 15,000 retail Points Of Sale New Delhi: Fintech platform Razorpay on Tuesday said it has acquired Mumbai-based digital invoicing and customer engagement startup...

The leaders committed to achieving global targets for faster, cheaper, more transparent and inclusive cross-border payments by 2027 and welcome the initiatives undertaken by international organisations in this directionNew Delhi: The G20 nations on Saturday resolved to promote faster,...

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...

The top four banks in India claim 75% share of the country’s credit card market offering more than 70 co-branded credit cards. To learn more about the top cards launched with retail brands, swipe down… New Delhi: According to credit...

Simpl aims to replace CoD with an alternate system by working with ecosystem partners and through its AI-powered offerings Bengaluru: Checkout network Simpl has introduced artificial intelligence (AI) enabled checkout suite with an aim to reduce losses from cash on delivery...

Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...