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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
Nothing to wear? Bengaluru-based startup promises to deliver clothes in just 60 minutes. Here’s my experience!
Slikk aims to offer fresh collections from emerging fast fashion brands every week, along with a 60…
2 mins read
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
2 mins read
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
2 mins read
A top Russian banker says Russia's payment methods should be a 'state secret' because the West keeps shutting them down so fast
Top Russian central banker Elvira Nabiullina admitted intense pressure surrounding payments, but sa…
Huileng Tan
3 mins read
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
4 mins read
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
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
2 mins read
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
2 mins read
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
2 mins read
NPCI International to support Namibia develop instant payment system like UPI
A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…
ANI
2 mins read
Size does matter: Debit cards for large payments & UPI for smaller ones
Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…
2 mins read
UPI transactions worth ₹18.2 lakh crore made in February 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…
ANI
2 mins read
The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense
The US's ballooning debt burden could eventually chip away at the demand for Treasury bonds, accord…
George Glover
3 mins read
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…
1 min read
Cars and commerce - How payment gateways in cars are changing
FasTag technology has been around since 2014, with the earliest rendition of the tech being limit…
2 mins read
This 27-year-old says she makes 6 figures running a California fast-food joint: 'It's been life-changing for my family'
Monique Pizano, 27, told The Wall Street Journal that her earnings have allowed her to go on a hone…
Kwan Wei Kevin Tan
12 mins read
Silicon Valley tried to mass produce fancy marshmallows. It got messy, fast.
Inside the incredible rise and insane fall of a premium snack startup
Adam Rogers
3 mins read
Gen Zers say they're hooked on fast fashion, but regret their Shein hauls when the 'high' wears off
The thrill of fast fashion on TikTok shop and budget sites like Shein wears off quickly for Gen Zer…
Lindsay Dodgson
2 mins read
QR in India is synonymous with Paytm – here's how the fintech giant has taken UPI to every part of the country
In less than a decade since its launch in 2016, UPI payments are crossing new milestones every mont…