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India exported military hardware worth ₹15,920 crore in 2022-23: Rajnath

"India's defence exports have reached an all-time high of Rs 15,920 crore in FY 2022-2023. It i…

PTI   


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IISc researchers design tiny supercapacitor capable of storing large amount of electric charge

Researchers at the Indian Institute of Science (IISc) have designed a novel, tiny device capable of…

PTI   


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2 mins read

HDFC Bank and SBI customers are facing UPI payment glitches

Customers of HDFC Bank and the State Bank of India (SBI) are reportedly facing issues making digita…

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4 mins read

SBI Cards, PhonePe, Google Pay to benefit from RBI allowing credit cards to be linked to UPI, say analysts

India’s central bank has announced that users will soon be able to link credit cards with UPI apps.…

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Paytm se UPI — a nod to cashless economy

Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…

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Individuals can use UPI for bids of up to ₹5 lakh in public issues, says SEBI

Capital markets regulator Sebi on Tuesday said individual investors applying in public issues of eq…

PTI   


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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…

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You will soon be able to use UPI for cardless cash withdrawals at all banks and ATMs

Using UPI will not only standardise cardless cash withdrawals, but also reduce the risk of car…

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Not SBI, ICICI or even HDFC - this bank has the most number of microATMs in India

While quick digital payments through apps like Google Pay, Phone Pay, PayTM led by UPI are growing …

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4 mins read

An Indian credit card user spends ₹14,500 a month on average – 20x more than debit card users

Indians use credit cards online more than they do at stores, but that is just the tip of the iceber…

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Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate

Your automatic recurring payments may not go through starting today. This is because banks aren’t r…

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4 mins read

From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1

Starting October, users will need to re-authenticate their net banking/card/unified payments in…

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2 mins read

SBI's mobile banking seems to have hit a snag — this time without a warning

Customers of India’s biggest bank, the State Bank of India (SBI), are facing issues while trying to…

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3 mins read

RBI has its eye on SBI too as governor Das explains why HDFC Bank got the whip

The Reserve Bank of India (RBI), in an unprecedented move, told HDFC Bank to stop issuing new credi…

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1 min read

Your Google Play Store account now accepts UPI payments — here’s how to set it up

Google promised that they would bring the unified payments interface (UPI) to the Google Play Store…

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Merchants won’t have to pay charges for card transactions below Rs 2000

Both of these instructions from the regulator would be applicable from January 1 of next year till …

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2 mins read

PhonePe partners with ICICI Bank on UPI multi-bank model

"At PhonePe, our effort has always been to give customers more choice while making their transacti…

PTI   


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Meta-owned WhatsApp bans more than 18 lakh accounts in India during March

The company said that data shared highlights the number of Indian accounts banned by WhatsApp betwe…

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3 mins read

30% drop in online payments amid lockdown: Razorpay

It found that digital transactions recorded highest fall of 41 per cent in Gujarat followed by …

PTI   


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Digital payment transactions fall by 30% in India for the first time since demonetization because of coronavirus lockdown

It looks like Indians are tightening their purse strings and loosening it for essentials only. As p…