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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 …
2 mins read
Paytm Payments Bank supports UPI market cap, maintains leadership as PSP & Issuer Bank
Homegrown Paytm Payments Bank Limited (PPBL) on Wednesday said it supports and welcomes the propose…
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…
3 mins read
Digital transactions to soon exceed cash in India: PM Modi
The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…
PTI
2 mins read
India's UPI goes global, links with Singapore's PayNow for seamless cross-border transactions
In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday l…
ANI
3 mins read
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
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…
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…
3 mins read
Here’s how to create a VPA on Paytm and begin your hassle-free payments experience
Unified payments interface (UPI) is meant to be secure and while most of that security lies in the …
3 mins read
SEBI proposes IPO-like blocking of funds facility for trading in secondary market to stop misuse
Capital markets regulator Sebi on Tuesday proposed to introduce a blocking of funds facility for tr…
PTI
2 mins read
WhatsApp adds a payment shortcut so you can send money faster than ever before
The payments button is located right next to the attachments button in the text box in chats. …
2 mins read
Here’s how to use WhatsApp Pay to send and receive money
WhatsApp has rolled out its Payments service after receiving approval from the National Payments Co…
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…
1 min read
Paytm users give its pioneered Soundbox, QR Code credit for ‘cashless lives’ in India, here's why
Paytm’s pioneered Soundbox is a user-friendly device that announces payment confirmations through a…
3 mins read
Paytm se UPI — a nod to cashless economy
Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…
4 mins read
Policybazaar operator PB Fintech’s Q2 loss narrows to ₹187 crore
PB Fintech, operator of the insurance aggregator platform Policybazaar reported a sequential declin…
3 mins read
Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them
Digital payments transactions in India are expected to cross the 200 million mark in the next three…
2 mins read
EXPLAINED: Here is how UPI would work on feature phones and offline mode
The Reserve Bank of India (RBI) on Tuesday announced the launch of UPI123Pay, which will allow feat…
1 min read
After Coinbase disables UPI payments, CoinSwitch Kuber halts rupee deposits
CoinSwitch Kuber, the popular crypto trading platform has completely halted rupee deposits on its p…
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…