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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
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
UPI transaction limit for education and healthcare hiked to ₹5 lakh per day
Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
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
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…
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
NPCI International to support Namibia develop instant payment system like UPI
A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…
ANI
Size does matter: Debit cards for large payments & UPI for smaller ones
Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…
Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur
Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …
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…
Paytm records revenue growth of 38% YoY in Q3FY24
Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…
ANI
Eight in ten new UPI users are coming from Bharat
The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…
India’s central bank to establish cloud facility for financial institutions
India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …
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…
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 will be key beneficiary of India's UPI incentive scheme: Morgan Stanley
India's leading digital payments and financial services company Paytm will be a key beneficiary of …
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…