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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…
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 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…
Indian homes expected to make half their payments digitally in 3 years
According to a report by Redseer, half of all household payments in India are expected to be made d…
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
An inside look at the weekend the GameStop frenzy began on WallStreetBets
Journalist Nathaniel Popper recounts the inner workings of the subreddit WallStreetBets and how it …
Nathaniel Popper
Cash remains king in India, co-exists alongside digital modes of payment
In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…
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…
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
With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report
Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…
Digital transactions to soon exceed cash in India: PM Modi
The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…
PTI
Paytm makes single click payments possible with UPI LITE – you can now make UPI payments up to ₹200 without pin
Paytm UPI LITE enables users with quick and seamless transactions at a lightning fast speed on Payt…
Internet hails Paytm's lightning-fast payments with UPI LITE — here's how you can use it
Paytm Payments Bank's latest move to enable UPI LITE payments on the Paytm Super App has been met w…
How fintech leader Paytm revolutionised QR and took UPI to every nook & corner of India
Paytm is a digital payments pioneer in India, and its products have revolutionized the payment land…
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
UPI parent body makes payments easier – Now voice commands will also enable transactions and more
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), unveiled a range of new product o…
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
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI
On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…