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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
You will soon be able to use UPI in France in addition to UAE, Singapore
As part of the MoU, Lyra Networks will allow Indians to pay using UPI and Rupay cards at termi…
2 mins read
Shah Rukh Khan, Messi, Kohli & how they influenced India’s online payment trends
During December 2022, a significant 70% increase in multiplex transactions was noted on the release…
4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
2 mins read
Real-time payments are forecast to boost Indian GDP by US $45.9 billion in 2026
In 2021, India accounted for the largest number of real-time transactions at 48.6 billion, almost t…
2 mins read
Over 200 million UPI transactions were done each day in July 2022
There has been a constant month-on-month increase in UPI transactions over the years and the…
1 min read
Indian news agency hit by massive ransomware attack — servers were down for hours but no payment was made
Hackers broke into the servers of news agency Press Trust of India (PTI) over the weekend, cripplin…
1 min read
Russia says it will no longer disclose the names of organizations that use its alternative to the SWIFT payment system
Some Russian banks have been banned from the SWIFT banking system due to sanctions over the Ukraine…
Huileng Tan
2 mins read
UPI transactions will remain free, government says it has no plan to charge them
The Finance Ministry has said that the government does not plan on levying charges on UPI transacti…
2 mins read
Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay
While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…
3 mins read
Cairn says it has identified Indian assets for seizing should it be not paid
The firm has moved courts in nine countries to get the arbitral award registered and recognised.…
PTI
2 mins read
SBI, ICICI, HDFC, Axis Bank, PNB and the Indian IT department targeted in phishing scam
Cyber criminals are trying to lure Indian users into revealing important personal information with …
4 mins read
Indian government appeals against tribunal ruling of $1.4 billion Cairn arbitration award
The appeal was filed on Monday, a source with knowledge of the matter said. The appeal agai…
PTI
4 mins read
Libra promises to become a global payment system by 2020 but there’s a gaping hole in their plan
Promising to revolutionise the way the world uses money, the initial hype is understandable but …
5 mins read
UK's Cairn Energy identifies $70 billion Indian assets for seizing to recover amount due from government
These assets are across several jurisdictions, they said without giving further details. …
PTI
2 mins read
Amazon and Flipkart accused of violating FDI policy — Indian government asks RBI and ED to take action
Bhartia and Khandelwal said that in its communication to ED and RBI, the DPIIT has forwarded…
2 mins read
India’s defence budget has nearly doubled in 5 years but the money is not enough to upgrade the weapons
Fuelling this hope is the fact that the newly-appointed Finance Minister Nirmala Sitharaman was …
2 mins read
86% Indian consumers are worried about repaying loans after moratorium, says a new BCG survey
86% of Indian consumers are worried about repaying their loans after the moratorium period ends, ac…