Page 2 - Online Payment

Amazon Pay to ramp up Smart Stores service partnership to 150 brands

The company has launched 18,000 Smart Stores in India since its inception in 2019

Zomato receives RBI approval to operate as online payment aggregator

The Gurugram-based food delivery major had, last year, announced a partnership with ICICI Bank to launch its own payments business, Zomato Pay

UPI transactions up 118% in semi-urban, rural retail stores in 2023: Study

UPI is a driving force in the overall growth of digital payments in India, says government separately

RBI hikes UPI limit for hospital, educational payments: What does it mean?

RBI MPC: In another key announcement related to digital payments, Governor Shaktikanta Das proposed to hike the e-mandate for recurring payments to Rs 1 lakh from the current Rs 15,000

Razorpay's POS business clocks 60% growth after Ezetap acquisition

Ezetap was Razorpay's sixth acquisition

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

Consumers disapprovingly pay convenience fees on online platforms: Survey

Around 83 per cent of consumers disapprovingly pay convenience fees online platforms for booking tickets or any other service, online survey firm LocalCircles said on Tuesday. According to the survey, 84 per cent of respondents want the government and its public sector units (PSUs) like IRCTC to stop charging convenience fees or service charges and promote Digital India. LocalCircles claims to have received over 32,000 responses from consumers in 319 districts of India in response to the survey conducted between June 16 and October 19, while the number of feedback to each question varied. "On an aggregate basis, 79 per cent of consumers surveyed claim they are being charged convenience fees for services they have booked online," the survey said. According to the report on convenience fees, when services like tickets are procured digitally, the supplier or seller is able to lower the cost of manpower and facilities and instead spend more on the deployment of user interfaces and back

NPCI Int'l to develop UAE's domestic card scheme in partnership deal

Scheduled to launch in early 2024, the DCS will aim to facilitate the growth of e-commerce and digital transactions in the United Arab Emirates

E-commerce firms scale up tech efforts for upcoming festive season

Online retailers, startups are scaling up their tech and innovation efforts to handle demand from shoppers during festive season and make their shopping and payment experience seamless

Juspay to power payments for IndiGo to enhance customer experience

Juspay to power payments for India's leading airline, IndiGo

Paytm gets extension from RBI for resubmission of PA license application

RBI says firm can continue with its online payment aggregation business while it awaits Centre's nod for investments from its parent firm One97 Communication into Paytm Payments Services Ltd

Decoded: What the India-Singapore real-time payment linkage is all about

India, Singapore cross-border retail payments & remittances amount to over $1 billion annually

India Stack 2.0 to be more nuanced, intelligent: Rajeev Chandrasekhar

India Stack will become more nuanced, intelligent and sophisticated in its next avatar, Rajeev Chandrasekhar, Minister of State of Electronics and IT, has said

Visa, Mastercard may be allowed a share of India's online payments

Growing from nothing in 2016, the smartphone-based UPI - a public utility - handled nearly Rs 13 trillion ($160 billion) in December

UPI transactions see 650% rise at semi-urban, rural stores: Report

The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday

A step-to-step guide to transferring Amazon Pay balance to bank account

Note, however, that you can only do this if you have completed your KYC

Network connectivity remains big challenge as e-commerce, FMCG go digital

Experts say AR/VR tech has yet to mature; also, immersive experiences with 360° video applications require a lot of data

PhonePe in talks to raise $700 million at $12 billion valuation

Digital payments firm seeking investors' support to scale up operations and compete with rivals

UPI Lite: A payment method that allows you to pay without PIN or internet

The upper limit for payments has been set at Rs 200; wallet balance cannot exceed Rs 2,000 at any point

WhatsApp Pay India head Manesh Mahatme quits, likely to return to Amazon

Mahatme played a role in helping WhatsApp to win regulatory approval to more than double the number of users of its payments service in India to 100 million