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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
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
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
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
Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions
The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobi…
Indian travellers in UAE can now use UPI for payments
This will make payments in UPI seamless for Indian travellers as it will become as easy and qu…
TRAI’s push to make mobile banking services via USSD free faces stiff opposition from Airtel, Vodafone Idea
Airtel and Vodafone Idea, India’s two leading telecom players, do not want feature phone users to u…
BharatPe to add another 3 million merchants to its existing list of over 5 million merchants by the end of FY21
The company is currently present in 35+ cities and plans to scale its presence by adding another 30…
You can finally send money through WhatsApp in India
WhatsApp is working with ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payment…
WhatsApp Pay UPI services gets the green signal from NPCI, but rollout will be in a 'graded' manner
Having a cap on the transaction volume will help in de-risking the entire set-up and is essen…
PTI
NPCI denies data breach of BHIM mobile app
In a statement, the NPCI said that it has conducted an independent verification of the recent ne…
Youtube allows payments via UPI to access its premium content
The video-sharing giant YouTube added a new UPI feature for users to pay and access its premium con…
PhonePe is looking at ‘Bharat’ for its next phase of growth
With over 170 million registered users, PhonePe’s strategy for further growing its hold in the segm…
WhatsApp is trying to make payment services available to all its users in India
The wait for WhatsApp’s full-fledged digital payments licence in India continues. Chris Daniels, …
The RBI's new guidelines will allow you to transfer funds between different mobile wallets
The quick and seamless transfer between mobile wallets will make them a natural substitute for b…
Google Pay accused of data, payments violations by Paytm in a letter to the NPCI
Google’s argument is that data liberalisation is key for development and will also them to h…
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…
WhatsApp rushing to launch its payments feature in India next week
Reports suggest that while HDFC Bank, ICICI Bank and Axis Bank are set to process transfers, St…
Shop, Scan, Simple! Pay your shopping bills by scanning QR codes
The technology of in-store UPI payment has been enabled through a dynamic QR-code interface, which …