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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   


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Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…

PTI   


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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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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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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   


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YouTube has added a 'gifting' feature to its vertical streams, ramping up the competition for livestream e-commerce

YouTube introduced a livestream gifting feature that lets users purchase gifts for creators, follow…

Kenneth Niemeyer   


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e-RUPI explained — India’s new electronic voucher-based payment system to reduce leakage in welfare programmes

The Prime Minister of India, Narendra Modi will be launching 'e-RUPI', an electronic voucher-based …

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1 min read

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

Ecom Express Ltd sought to raise Rs 2,600 crore through an IPO, consisting of a fresh issue worth R…

PTI   


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Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report

Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…

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3 mins read

World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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RBI proposes to raise limit on e-RUPI vouchers to ₹1 lakh

The present cap of Rs 10,000 will be increased to Rs 1 lakh per voucher and such vouchers will b…

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Tokenised payment transactions to cross a trillion globally by 2026, says report

The total number of tokenised payment transactions is likely to exceed 1 trillion globally by 2026,…