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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   


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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   


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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…

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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…

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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…

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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   


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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

Business Insider Latest Story Image
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   


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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   


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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   


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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   


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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…

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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   


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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   


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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   


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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   


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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…

Rob Price