Page 17 - Digital Payments

Razorpay eyes $90-bn TPV, launches new solutions to enhance experience

Fintech major Razorpay said it has seen strong growth in the number of payments processed on its platform, and it expects its total payment volume to touch $90 billion by end of next year

Discussion paper on charges in digital payments to be out in a month

Experts said at no point in time will customers be charged for payments

We're almost cashless societies, but let's not rush too quickly into future

It isn't the pandemic that's putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us

RBI to soon float paper on reasonableness of charges on digital payments

UPI is the single largest retail payment system in the country in terms of volume of transactions

Neo-socialism: State's expanding tech biz

In a country where many state initiatives have been marred by glitches, delays, and corruption, RuPay and the UPI are revolutionary achievements

India reaching out to many nations to leverage stack it has built: NPCI CEO

Speaking at the InFinity Forum, Dilip Asbe said there has to be a local or domestic stack because every country has its own complexities and diversities

Credit card spend crosses Rs 1 trillion first time in a month: RBI

Among major credit card players, ICICI Bank has been the most aggressive

First 'Buy' report on Paytm sees firm turning profitable by 2026

Dolat Capital Market has set a target price of Rs 2,500, which is 16% higher than the company's issue price

Covid-19 caused permanent shift to digital payments, says Visa CEO

People are choosing not to get cash to shop but actually using their debit cards to shop now, he said

Online frauds: The precaution we should take to protect ourselves

The country's march towards a digital economy gathered pace in the last two years. At the same time, the country witnessed a jump in online payment frauds. Here's how we can protect ourselves online

Digital transactions up 52% in festival season, says report

PayU registered a record high of 8 million transactions on a single day on October 3

Underlying digital payments infra must meet upcoming rise: Google Pay exec

Points to the surge the number of UPI transactions, which are nearly doubling each year

Currency in circulation remains unchanged during Diwali week: SBI Research

The currency in circulation stood at Rs 43,900 cr during the Diwali week in 2021, more or less stagnant compared to the Rs 43,800 cr in the year ago period

TMS, Ep 42: Haryana's job quota, RBI-RD cheme, Ather CEO Q&A, and e-RUPI

Will Haryana's new job quota rule hurt MSMEs? Can RBI-RD scheme spur retail interest in bonds? How does Ather Energy CEO Tarun Mehta plan to take on competition in the EV space? Answers here

Delhi HC dismisses BharatPe pleas seeking removal of PhonePe trademarks

Petitions were frivolous and baseless, and an attempt to divertthe court's attention from its own misuse of PhonePe's trade marks, says Walmart-owned digital payments firm

Amazon Pay India's revenue grows 29% YoY to Rs 1,769 crore in FY21

The company reports a net loss of Rs 1,516 crore during the same fiscal

Buy now, pay later set to surge over ten-fold in India within four years

Redseer estimates India's BNPL market will rocket to $45-50 billion by 2026 from $3-3.5 billion now

PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms

The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort

PhonePe's 'SafeCard' tokenisation solution to help users meet RBI norms

The enterprise will also be creating simplified APIs for its online merchants to enable tokenisation with minimal effort

MakeMyTrip and Amazon Pay form strategic tie-up to offer travel services

With this alliance, MakeMyTrip will be able to further extend its distribution via Amazon Pay's large user base, especially in smaller towns, and speed up online booking of travel services