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2 mins read
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
2 mins read
Global IT outage hits Starbucks mobile-order system and card payments at businesses
Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…
Grace Dean
4 mins read
Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain
Technology has transformed every aspect of our lives, and payments are no different. From debit and…
3 mins read
After SBI, Axis Bank launches its own line of wearable payment devices that only cost $10 a piece
After the State Bank of India (SBI) launched Titan Pay in October last year, Axis Bank has now l…
2 mins read
RBI hikes limit for contactless card payments from ₹2,000 to ₹5,000
The Reserve Bank of India has hiked the limit for contactless payments from ₹2,000 to ₹5,000, makin…
1 min read
Assocham urges govt to raise limit of contact-less payment to Rs 5,000
"The objective is to help the government further push adoption of digital payments among the masses…
PTI
2 mins read
Titan Company partners with SBI to launch watches that will help you make contactless payments
Titan Company has partnered with the State Bank of India to launch Titan Pay powered by YONO SBI
4 mins read
How to broaden your business' reach and sell across multiple channels
Showfields founder and CEO said it's important to pinpoint your customer's needs before introducing…
Jennifer Ortakales
3 mins read
Card networks are encouraging contactless payments worldwide
UnionPay is partnering with banks to issue thousands of contactless cards. The China-based card net…
Daniel Keyes
4 mins read
Mobile payments technology, like contactless NFC payments, explained
For starters, Bluetooth has a much longer range than NFC, as it can reach up to 50 meters compared …
Andrew Meola
3 mins read
I'm prepared for a future where I never pay cash and rarely go to store
I'm not sure if I'll always feel this way, but right now I think I'd be happy never going into a st…
Mary Meisenzahl
3 mins read
Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them
Digital payments transactions in India are expected to cross the 200 million mark in the next three…
3 mins read
Governments are raising contactless transaction value limits during the coronavirus pandemic
Discouraging cash payments during the pandemic may shift consumer habits so that they remain unpopu…
Daniel Keyes
4 mins read
Coronavirus concerns could be the catalyst that finally pushes contactless payments into wide adoption in the US
The switch from magnetic stripe to chip cards, for example, didn't take off in the US until 2015 wh…
Shannen Balogh
8 mins read
Brick & mortar won’t lose its importance; it’ll need to be ‘reimagined’ to meet a new demands, desires and expectations: Beth Ann Kaminkow, Global CEO, Geometry
How retail will look in a post-Covid world
2 mins read
This furniture startup is investing half a million dollars on virtual reality and contactless shopping in a post-Coronavirus world
As people adopt social distancing, online furniture startup WoodenStreet is rolling out measures li…
4 mins read
How to use Apple Cash to send or request money through a text message on your iPhone or iPad
You can use Apple Cash to send or receive money through iMessage on an iPhone or iPad. But first, y…
Melanie Weir
2 mins read
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
2 mins read
From income tax to credit card payment - here are all the rules changing from October 1
A major change that will have an impact on the lives of those with vehicles is that no physica…
2 mins read
Amazon is letting customers pay for groceries by scanning their palm at its Go convenience stores
Amazon is trialling the biometric Amazon One tech at two Seattle stores, and linking your credit ca…