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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
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
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…
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…
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…
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
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
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
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
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
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
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…
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
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
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
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
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
Apple says it won't let banks use the contactless payment tech in iPhones for security reasons
"Unfortunately, and based on their limited understanding of the offering, the [banks] perceive Appl…