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2 mins read
RBI starts publishing daily data on select payment systems
The Reserve Bank captures volume and value of transactions undertaken in payments systems operated …
PTI
2 mins read
NPCI starts a campaign for digital payments called ‘India pay safe’, asking people to ditch cash during coronavirus
NPCI CEO Dilip Asbe shared a video for the campaign And, he was soon joined by several othe…
2 mins read
UPI 2.0: Here’s what you need to know
The primary function of the UPI app is to serve as the middle-man for around-the-clock money tra…
1 min read
RBI Rs 500 cr fund to promote digital payments in small towns, NE states
Beginning June 3, the RBI has started publishing data on volume and value of transactions undertak…
PTI
3 mins read
India’s first mobile bank with zero-fee online transactions and no minimum balance is on your Paytm app
Business Insider spoke to Renu Satti, CEO, Paytm Payments Bank who reaffirmed the company’s commitm…
2 mins read
No MDR charges applicable on payment via RuPay, UPI from Jan 1: FM
New Delhi, Dec 28 () In a bid to promote digital payments, Finance Minister Nirmala Sitharaman on S…
PTI
2 mins read
Yes Bank says credit and loan payments can be made via other bank accounts
Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit car…
PTI
3 mins read
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs
The bank on Tuesday allowed inward IMPS and NEFT services to enable its customers to make payments…
PTI
3 mins read
Ushering in a tectonic shift in mobile payments
This is how it will work currently. You will need to download the UPI app and register a virtual ID…
2 mins read
RBI allows banks to issue RuPay prepaid forex cards
By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…
2 mins read
Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions
The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…
ANI
2 mins read
IDFC First Bank announces zero-free banking on savings accounts
The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such …
ANI
3 mins read
Paytm se UPI — a nod to cashless economy
Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…
1 min read
Unocoin launches deposits via UPI wallet to buy and sell Bitcoins and other cryptocurrencies on the platform
To trade on the Unocoin platform, a minimum top-up of ₹1,000 is required. The maximum that the u…
2 mins read
RTGS will be available 24/7 starting December this year
In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7…
PTI
3 mins read
INTERVIEW: Here’s why this cash management firm is going for an IPO when Indians are being pushed to go cashless
Mumbai-based cash management company CMS Info Systems that has opened its initial public offering (…
5 mins read
KuCoin expands P2P feature to improve investor protection
P2P crypto trading allows users to buy and sell crypto without relying on intermediaries.Platforms …
2 mins read
Users not able to deposit money on Indian crypto exchanges right now, as banks get cold feet
“If you make any INR deposit via IMPS/NEFT/RTGS to our PayTM Bank account after 11:59 p.m IST,…
3 mins read
Banks in India are reportedly softening their stance on crypto trading
Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…
1 min read
RBI reiterates usage of digital modes for banking transactions
The use of digital payment modes has become more important as the ongoing nationwide lockdown, imp…