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GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
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
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
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…
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
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
Virtual credit cards have a limited use case – When should you consider one?
There are credit cards and then there are virtual credit cards. As the name suggests, these cards d…
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
With Rupay Credit Card on UPI, mobile payments pioneer Paytm deepens its leadership in UPI
In the realm of mobile payments, UPI stands out as the go-to solution. As the popularity of UPI tra…
Here’s how to add your RuPay credit card to Google Pay
Google Pay, in association with the National Payments Corporation of India (NPCI), on Tuesday rolle…
Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain
Technology has transformed every aspect of our lives, and payments are no different. From debit and…
How to use credit card to make UPI payments
The Reserve Bank of India in 2022 announced that it will soon allow users to link their RuPay credi…
Banks have finally fixed the single most annoying thing about credit cards
Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …
Emily Stewart
Eight in ten new UPI users are coming from Bharat
The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…
QR in India is synonymous with Paytm – here's how the fintech giant has taken UPI to every part of the country
In less than a decade since its launch in 2016, UPI payments are crossing new milestones every mont…
RBI to allow use of credit cards via UPI soon, starting with RuPay credit cards
At present, only savings and current bank accounts are linked to the UPI platform through thei…
Credit card portability explained: From what are the benefits to what it entails
A card network is a financial infrastructure that enables transactions and communication between me…
Paytm's growth potential: The tech innovator's journey of disruption and success
When it comes to mobile payments, one name stands out as a true pioneer– Paytm. The fintech giant i…