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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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2 mins read

Global IT outage hits Starbucks mobile-order system and card payments at businesses

Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…

Grace Dean   


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2 mins read

Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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4 mins read

India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI   


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1 min read

Future of Mobile Payments

Future of Mobile Payments

Business Insider Latest Story Image
2 mins read

UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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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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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

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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3 mins read

RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

Business Insider Latest Story Image
4 mins read

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   


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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

NPCI International to support Namibia develop instant payment system like UPI

A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…

ANI   


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1 min read

Food & grocery delivery, digital payments top Indians' priorities on smartphones

An average smartphone user in India is now using seven mobile apps, with digital payments, food and…

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2 mins read

ED questions Paytm executives, gets documents on latest RBI action

The Enforcement Directorate has questioned senior Paytm executives and taken submission of documen…

PTI   


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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
1 min read

GST to be paid by telecom companies, along with instalments towards spectrum charges: Official

Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a …

PTI   


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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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4 mins read

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…