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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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2 mins read

Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…

PTI   


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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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   


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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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3 mins read

Data of 31 million Star Health Insurance customers allegedly sold by company's CISO: All you need to know about it

The hacker also accused the company's CISO (Chief Information Security Officer) Amarjeet Khanuja of…

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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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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   


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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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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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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   


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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   


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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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2 mins read

Russian businesses are locked out of billions as payment issues reportedly pile up abroad

Russia's foreign financial assets grew $45 billion this year, a sign payment delays are piling up a…

Jennifer Sor   


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PayPal just opened a new ad business. The exec leading it unpacks the plan to link advertisers with its trove of transaction data.

PayPal Ads intends to offer ads across its own properties, as well as the sites of tens of millions…

Lara O'Reilly   


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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   


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Investment Advisers, Research Analysts should disclose AI tools usage to clients, notes SEBI

The Securities and Exchange Board of India (SEBI), in its consultation paper earlier this month, hi…

PTI   


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Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI