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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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MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…

PTI   


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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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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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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   


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Paytm shares hit upper circuit again at ₹428

Shares of Paytm owner One97 Communications jumped 5 per cent in the morning trade on Monday after R…

PTI   


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Reserve Bank asks NPCI to help continue operations of Paytm app

Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …

PTI   


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Amid Paytm Payments Bank crisis, Google announces expansion of Soundpods across India

Fintech firm Google Pay Thursday announced the expansion of soundpods for merchants across India to…

PTI   


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India’s digital payments soar – UPI crosses ₹5 lakh crore in transaction value in March

United Payments Interface or UPI, India’s big digital payments bet, has broken a new record. UPI cr…

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UPI reaches new heights with 5.58 billion transactions in April 2022

The data shared by the National Payments Corporation of India (NPCI) has revealed that 5.58 billion…

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GST mop-up rises 13% to ₹1.6 lakh crore in March, second highest collection ever

GST collection grew 13 per cent in March to Rs 1.60 lakh crore - the second highest mop-up since th…

PTI   


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WhatsApp carried out only 17 million UPI transactions last fiscal, PhonePe was at 20 billion

Over 45 billion transactions were carried out through the unified payments interface (UPI) in the f…

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Indian consumers made 9.36 bn transactions worth ₹10.25 trillion in Q1 2022

India saw 9.36 billion transactions amounting to ₹10.25 trillion in the first quarter (January-Marc…

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4 mins read

UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says report

UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says re…

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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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SBI processed about 5 Lakh IPO transactions in June, PhonePe continues to be the most used UPI app

About ₹5.5 lakh crore was transferred through 2.8 billion transactions on the UPI in the month of J…

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Cash remains king in India, co-exists alongside digital modes of payment

In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…

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No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick

The Indian auto sector could be looking at mixed performance in March due to a combination of errat…

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Paytm’s merchant payment leadership helps double its UPI incentives to ₹182 cr in FY23

India’s leading mobile payments and financial services firm Paytm’s leadership in UPI merchant paym…