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2 mins read

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   


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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   


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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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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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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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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…

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1 min read

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…

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2 mins read

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…

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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…

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1 min read

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…

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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   


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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…

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1 min read

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…

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5 mins read

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…

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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, …

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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…

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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…

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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…

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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…

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1 min read

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 …