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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…
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…
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
Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC
In terms of transaction value, the market is expected to nearly double during this period, expandin…
ANI
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…
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
Making online payments safer – Here’s how to tokenise your card
Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…
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…
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
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…
RBI allows banks to issue RuPay prepaid forex cards
By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…
This year, credit card users swiped 5x more than debit card users: PayU
This festive season, Indians have been spending via swiping as per a PayU Insights Report - Festive…
UPI and other ways to withdraw cash from an ATM without using a debit card
India has recently launched Unified Payments Interface or UPI-based cash withdrawal from ATMs, afte…
Some relief for Indians travelling abroad – credit card payments will not attract TCS
On Wednesday, the Indian government announced that spending through international credit cards abro…
India saw 20.5 billion online transactions worth ₹36 trillion in Q2: report
The online transactions were processed through debit and credit cards, prepaid payment instrumen…
Google Wallet launched in India – store your loyalty cards, boarding passes and more
The Google Wallet has finally been launched in India, after being spotted on the Play Store a few w…
Paytm Card Machine is transforming in-store payments for India’s merchants — here are its top five advantages
Paytm All-in-One Card Machine, millions of merchants have been able to revamp in-store payments acc…
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…
Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks
In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…