Page 17 - Digital Payments

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

All UPI money transfers, offline, online payments on PhonePe are free

The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.

New recurring payment norms: 20 days later, people still face disruptions

Many banks, merchants not fully compliant yet despite extension of deadline

RBI to bring in framework for retail digital payments in offline mode

The central bank has enhanced the transaction limit under IMPS from Rs 2 lakh to Rs 5 lakh

Boom time: 31 and counting, happy hour for India's unicorn club

The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen

How new auto-debit rules that require customer consent will impact you

All kinds of recurring or auto-debit payments now require the customer's consent before they are cleared, mandate RBI's new rules. What does this mean and how will it impact you?