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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
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
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…
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…
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
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…
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
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
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…
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…
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…
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…
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…
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
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
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
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…
Marketing in the times of Covid-19: Mastercard
How brands are navigating the new normal