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You Searched For "Digital Payments" and got 20 results


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3 mins read

Bank bosses aren't worried about lower interest rates — and even see some upside

Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …

Theron Mohamed   


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2 mins read

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…

Business Insider Latest Story Image
2 mins read

India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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2 mins read

India accounts for nearly half of the global digital payments, highlights RBI report

India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…

ANI   


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2 mins read

Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…

PTI   


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3 mins read

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   


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2 mins read

The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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2 mins read

Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI   


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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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2 mins read

Russia is turning to crypto as sanctions snarl payments, report says

Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …

Filip De Mott   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

Business Insider Latest Story Image
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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1 min read

Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report

Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…

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2 mins read

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…

Business Insider Latest Story Image
1 min read

Zomato gets RBI approval to operate as 'online payment aggregator'

Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …

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2 mins read

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…

Business Insider Latest Story Image
5 mins read

Countries from Russia to China are building payments systems that could threaten the dollar's global dominance

Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…

Huileng Tan   


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3 mins read

World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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1 min read

RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of…