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2 mins read
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
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…
4 mins read
UPI refund to digital arrest scam, here are some online scams you need to be aware of
The internet has revolutionised daily life in India, making digital payments convenient. However, f…
2 mins read
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
2 mins read
UPI in 2024 – Five rule changes that you need to know
The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…
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
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
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
3 mins read
Despite a rise in financial frauds, 17% of people store financial information on their smartphones
The Reserve Bank of India (RBI) has revealed that 5,406 instances of financial fraud were reported …
4 mins read
Quishing on the rise – Be alert while scanning payment QR codes
Digital payments have grown by leaps and bounds in India over the past few years, with unified paym…
2 mins read
USSD-based call forwarding to be suspended soon to curb fraud
Online fraud has been on the rise in the country, with several instances of fraud resulting from ca…
1 min read
E-commerce losses due to online fraud to exceed $48 bn globally
Until August, UPI recorded over 30 billion transactions worth Rs 51.74 trillion for FY23. Online pa…
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…
1 min read
The curious case of 'fake' influencer Ravisutanjani Kumar shocks X users
As millions of Indians continue to follow creators and influencers on social media like X (formerly…
4 mins read
71% of consumers are concerned about online fraud. Here is how Paytm Payment Gateway’s security features are helping businesses build trust.
Digital payments in India saw a 78% rise in 2021 as compared to 2020. People’s concerns also rose w…
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
We're building next-gen AI to become a global powerhouse: Rajeev Chandrasekhar
As the world goes gaga over AI chatbots, To make India a global powerhouse of AI which does not jus…
4 mins read
Simplifying digital payments: Creating a UPI pin adds the layer of protection
The Indian government’s unified payments interface (UPI) was launched back in 2016, and it took the…