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16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report

16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report

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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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India’s credit card market set to double by 2029, reaching 200 million cards

India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…

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2 mins read

HDFC Bank credit card rules change from today, all you need to know

HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…

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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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4 mins read

UPI refund to digital arrest scam, here are some online scams you need to be aware of

The internet has revolutionised daily life in India, making digital payments convenient. However, f…

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2 mins read

Falling cashback on UPI payments – Credit card linking opens a door

When UPI or United Payment Interface was in its earlier days, companies would give huge cashbacks t…

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You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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3 mins read

Want to feel better about your finances? Do these 5 things right now!

Whether it is health, relationships or finances, each of these plays a very important role in our l…

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2 mins read

With Rupay Credit Card on UPI, mobile payments pioneer Paytm deepens its leadership in UPI

In the realm of mobile payments, UPI stands out as the go-to solution. As the popularity of UPI tra…

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3 mins read

Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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4 mins read

India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.

PTI   


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How to use credit card to make UPI payments

The Reserve Bank of India in 2022 announced that it will soon allow users to link their RuPay credi…

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3 mins read

Despite a rise in financial frauds, 17% of people store financial information on their smartphones

The Reserve Bank of India (RBI) has revealed that 5,406 instances of financial fraud were reported …

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From UPI innovations to digital credit potential – these are the growth drivers in Paytm’s business

Paytm has been witnessing a sustained growth in revenues, which reached ₹2,062 crores in the Dec-23…

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3 mins read

Adani Group could soon enter e-commerce and UPI segments, to rival Mukesh Ambani and Google

Gautam Adani-led Adani Group has a diverse portfolio, from ports to energy and more. The conglomera…