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SEBI abolishes 1% security deposit requirements in public issues, to be effective immediately
India's market regulator, SEBI, has removed the mandatory 1% security deposit requirement for compa…
PTI
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
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
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
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…
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
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
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
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
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…
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…
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…
Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments
The National Payments Corporation of India (NPCI) has introduced an interchange fee of up to 1.1% o…
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…
Internet hails Paytm's lightning-fast payments with UPI LITE — here's how you can use it
Paytm Payments Bank's latest move to enable UPI LITE payments on the Paytm Super App has been met w…
Fintech pioneer Paytm is expanding its in-store payments leadership with its All-in-One Card Machine
For any business to grow successfully, digitisation is the key. As mobile payments are becoming mai…
EXPLAINED: Here is how UPI would work on feature phones and offline mode
The Reserve Bank of India (RBI) on Tuesday announced the launch of UPI123Pay, which will allow feat…
UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says report
UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says re…
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…
Cash remains king in India, co-exists alongside digital modes of payment
In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…