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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
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 …
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
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…
Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments
The National Payments Corporation of India (NPCI) has introduced an interchange fee of up to 1.1% o…
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…
UPI transactions reach 657 crore in August worth ₹10.72 lakh crore
The Unified Payments Interface (UPI) registered a record 6.57 billion (657 crore) transactions wort…
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…
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…
PhonePe is citing data to argue that merchants should pay for UPI transactions
Walmart-owned digital payment firm PhonePe on Thursday, September 2, opened its data bank for every…
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…
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…
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…
Paytm Soundbox achieves 13.72 billion transactions in FY23 – reinforcing in-store payments dominance
India is on a fast-track to becoming a digital powerhouse and the adoption of mobile payments has c…
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 …
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
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…
In a relief to PhonePe and Google Pay, UPI apps may get more time to comply with the 30% cap on market share
This will come as a huge relief to apps such as PhonePe and Google Pay that currently dominate…
WhatsApp Pay India head Mahatme quits, likely to return to Amazon Pay
"We wish him every success for his future endeavours. Payments on WhatsApp is a priority for M…
UPI transactions drop in March, RTGS shoots up due to lockdown
The NPCI data on IMPS (Immediate Payment Service) revealed the number of transactions fell to 21.6…