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3 mins read

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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2 mins read

Global IT outage hits Starbucks mobile-order system and card payments at businesses

Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…

Grace Dean   


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1 min read

Now, a '7 Ring' for contactless payment – Here's how it will work

Homegrown consumer electronics startup Seven on Wednesday launched an innovative smart wearable rin…

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2 mins read

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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2 mins read

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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2 mins read

Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe

Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…

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1 min read

RBI asks card network to restrain unauthorised commercial payment system

The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …

ANI   


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2 mins read

US Justice Department hits Visa with antitrust lawsuit over its debit card business

Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the paym…

Dominick Reuter   


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2 mins read

RBI hikes limit for contactless card payments from ₹2,000 to ₹5,000

The Reserve Bank of India has hiked the limit for contactless payments from ₹2,000 to ₹5,000, makin…

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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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2 mins read

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…

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2 mins read

Fintech pioneer Paytm is expanding its in-store payments leadership with its All-in-One Card Machine

For any business to grow successfully, digitisation is the key. As mobile payments are becoming mai…

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4 mins read

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…

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1 min read

Apple will let shoppers spend money at stores by holding their iPhones close together

The Tap to Pay feature will let businesses process transactions by tapping their iPhone on the cust…

Kate Duffy   


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2 mins read

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

PTI   


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2 mins read

Visa is rolling out contactless payments on public transport in 500 cities as the pandemic-driven demise of cash continues

Visa said contactless payments have gone from nice-to-have for speed and convenience, to a must-hav…

Shalini Nagarajan   


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2 mins read

Eight in ten new UPI users are coming from Bharat

The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…

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7 mins read

Marketing in the times of Covid-19: Mastercard

How brands are navigating the new normal