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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

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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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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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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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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India accounts for nearly half of the global digital payments, highlights RBI report

India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…

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's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

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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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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Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI   


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India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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4 mins read

India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI   


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Russia is turning to crypto as sanctions snarl payments, report says

Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …

Filip De Mott   


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5 mins read

Countries from Russia to China are building payments systems that could threaten the dollar's global dominance

Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…

Huileng Tan   


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RazorPay acquires digital invoicing and customer engagement platform BillMe to empower businesses and customers

Razorpay, a payments and banking platform for businesses, has acquired BillMe, a Mumbai-based start…

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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI