Page 5 - Digital Payment

Indians make 10-12 billion cashless payments: Jaishankar on digital infra

Jaishankar said that India will play a big role in global economic development due to the strength of its structural soundness

Watch: How to get cash delivered to your doorstep

Are you falling short of cash due to your reliance on UPI and other digital payment methods, or are you facing challenges in accessing a bank or ATM? Whatever may be the reason, you’re not alone.

Digital infra solutions company iBUS raises $200 mn from govt's NIIF

Firm says it will use the funding to strengthen its market position and expand in new sectors

Diversity in India's ecosystem aids Razorpay's global forays, says CFO

The company eyes Indonesia, Vietnam, and the Philippines for expansion into South East Asia

We will add some Paytm's customers: PhonePe co-founder & CEO Sameer Nigam

Nigam was in conversation with Shradha Sharma, founder and CEO, YourStory at the Mumbai Tech Week 2024

PM Modi launches UPI, RuPay card services in Sri Lanka and Mauritius

Shaktikanta Das, Governor of the Reserve Bank of India, Harvesh Seegolam, Governor of the Bank of Mauritius, and Dr. P. Nandalal Weerasinghe, Governor of Central Bank of Sri Lanka, were also present

Paytm crackdown spooks merchants; Walmart, Google targeting same vendors

Cash was once king in India, but Paytm is credited with revolutionising India's digital payments market which is set to be worth $10 trillion by 2026

CEO Vijay Shekhar Sharma strives to save Paytm amid regulatory crisis

Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm's valuation after RBI ordered his banking arm to stop most of it operations from March 1

Google Pay signs agreement to expand UPI for international payments

This will enable Indian travellers to transact digitally outside the country while also establishing systems similar to the Unified Payments Interface (UPI) in other countries

Razorpay, Cashfree receive final RBI nod for payment aggregator biz

Other players such as PayU, Paytm, JusPay, among others are yet to receive a nod from the regulator to onboard new merchants

UPI transactions mark new peak of Rs 17.4 trn in Nov, dip in volume

FASTag transactions increase to 321 mn in Nov, compared to 320 mn in Oct

RBI and NPCI look for offline methods to boost digital payment adoption

RBI has established a sandbox allowing startups to experiment with various central bank-backed digital currency (CBDC) use cases

Why it is time for a single QR code for all the payments in the world

There is a lot of work to be done. Consolidating the labels in a single repository doesn't always solve the problem of multiple contractual relationships, each of which comes with its own accounting

Mobile ownership among women remains low, says DLAI CEO Jatinder Handoo

At the BS BFSI Insight Summit 2023, top digital payment experts discuss the next leg of growth of digital payments and the issues it is facing

Payment is not like sending a chat message or Insta post: PhonePe's Nigam

At BS BFSI Summit 2023, Nigam said PhonePe had the belief that it would win because it was willing to deploy a large workforce on the merchant acceptance and operating side

BS BFSI Summit: From Handoo to Bulusu, here're digital payment experts

Tech- Digital Payments theme on October 30: Next leg of growth

PhonePe revenue soars 77% in FY23 on booming digital payments market

The company's loss before interest, taxes, depreciation and amortisation on a standalone basis widened to 17.55 billion rupees ($210.8 million) from 16.12 billion rupees a year ago

PM Vishwakarma scheme to integrate e-commerce, digital payments: Minister

On the occasion of his 73rd birthday, Prime Minister Narendra Modi launched the Vishwakarma Yojana scheme today to mark the birth anniversary of Lord Vishwakarma

Paytm shareholders approve appointment of new statutory auditor SR Batliboi

Digital payment services provider Paytm on Wednesday said its shareholders have approved the appointment of a new statutory auditor, S.R. Batliboi & Associates LLP, for five years. S.R. Batliboi & Associates LLP has been approved as the new statutory auditor of Paytm for five years in the 23rd annual general meeting held on September 12, Paytm said in an exchange filing. Price Waterhouse Chartered Accountants LLP has completed its term as the statutory auditor of the company at the conclusion of the AGM, the filing stated. The company in a separate filing said that shareholders approved reappointment of Madhur Deora as Executive Director, President and Group Chief Financial Officer as well as the proposed increase in his salary. Price Waterhouse Chartered Accountants LLP on August 7 had announced its resignation as auditor of Paytm Payments Services Limited with immediate effect. PwC had cited the change of auditors at the holding company level and Paytm's practice to align ...

A step-by-step approach to CBDC

Why would anybody shift from UPI to CBDC? What are its advantages over UPI?