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2 mins read

RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment

Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting…

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1 min read

Zoho launches Zoho Payments, a payment gateway and aggregator

Zoho Payments as a payment aggregator has been registered as a Bharat Bill Payment Operating Unit (…

PTI   


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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…

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RBI to set up public repository of digital lending apps to check unauthorised players

In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…

PTI   


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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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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 …

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4 mins read

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   


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UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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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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UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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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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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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India's UPI service now available in Sri Lanka and Mauritius

India's instant payment technology Unified Payment Interface (UPI) services were launched in Sri La…

ANI   


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Paytm shares hit upper circuit again at ₹428

Shares of Paytm owner One97 Communications jumped 5 per cent in the morning trade on Monday after …

PTI   


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Amid Paytm Payments Bank crisis, Google announces expansion of Soundpods across India

Fintech firm Google Pay Thursday announced the expansion of soundpods for merchants across India to…

PTI   


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Falling cashback on UPI payments – Credit card linking opens a door

When UPI or United Payment Interface was in its earlier days, companies would give huge cashbacks t…

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1 min read

Reliance Industries shares jump nearly 4%; mcap again reaches ₹20 lakh crore mark

On the NSE, it climbed 3.48 per cent to Rs 2,983.75 per share. The company's market capita…

PTI   


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3 mins read

UPI parent body makes payments easier – Now voice commands will also enable transactions and more

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), unveiled a range of new product o…

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2 mins read

India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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3 mins read

UPI joins the AI bandwagon, offline payments get a push

UPI (Unified Payments Interface) has made payments easier but the endeavour to simplify procedures …