Page 3 - Online Payment

TerraPay, NPCI collaborate for merchant payments via UPI-enabled QR codes

/ -- In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI). This association with NIPL will allow Indian customers and merchants in India with an active Unified Payments Interface Id (UPI Id) to make and accept cross-border payments seamlessly by leveraging TerraPay's agile infrastructure and the UPI network. In this intended collaboration, both companies will work together to further empower Indian customers with active UPI Ids (350 million bank accounts) to be able to transact at QR locations enabled by TerraPay, globally. Together, both companies intend to fortify UPI payments & QR solutions to extract their maximum potential. The partnership will further increase the use of UPI and QR for cross-border merchant payments. This initiative will speed ..

E-challan in Delhi: How to check status and pay traffic fines online

The penalty can be paid either offline or online, depending on the facility provided by the city/state in which the traffic offence was committed

The case for pricing UPI transactions and what's at stake for banks

Banks pay a switching fee running into hundreds of crores every year for UPI, but have to offer the service for free

Digital payments in India projected to reach $10 trn by 2026: Report

Smaller cities have recorded high acceptance of such transactions as cash use declines in country.

PPI rapidly catching on as a bottom-of-the-pyramid transaction system

These PPI options are fast becoming the cards of choice for the vast majority of Indians as per capita income creeps upwards.

What is IMPS?

Swift transfer of money between bank accounts has made all types of transactions smooth. Through IMPS, we can now transfer money within seconds. Let's get some clarity about this efficient platform

Merchant commerce platform Pine Labs acquires online payments startup Qfix

More than 5,000 merchants are presently on the Qfix platform including educational institutions, governments and clubs

Most consumers wary of stricter rules for online card use: Survey

Fear of risks is likely to make 28 per cent of consumers shift to paying cash on delivery, says nationwide study

Punjab to introduce online payment of water supply bills in villages

Punjab Water Supply and Sanitation Minister Razia Sultana announced that an online payment system for water supply bills will soon be introduced in all villages across the state in a phased manner

China plans online payment rules that may hit Ant Group, Tencent

The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry

RBI working committee in favour of setting up NPCI-type agency for fintechs

RBI panel favours new structure for better supervision

Razorpay launches Payment Buttons for SMEs - No Developer Support Needed

Empowering Startups to accept payments on their own website, Razorpay, the leading full-stack financial services company, on Tuesday launched Payment Buttons

Paytm blends analytics, offline communication to woo small town merchants

Experts say Paytm - which claims to hold 80 per cent of the merchant digital wallet market in India at present - has much to gain being the first mover in these markets

The push for online pay revenues

About a dozen firms are discovering users are willing to pay not just for entertainment, but also for news online

Online firms bet on regional languages to penetrate into smaller cities

Hyderabad, 17 FebruaryIn order to build a wider customer base, app-based companies are focusing on tier 2 and tier 3 cities in India. They are adding more partners and new features on their platform to attract new users to further increase the overall volume of the business.Hyderabad-based bus ticketing portal Abhibus had associated with 15 state road transport corporations, apart from 2,000 private bus operators in all cities of the country. To gain huge customer base in the rural areas, the company is planning to launch bus ticket booking over phone in a couple of months. Sudhakar Reddy, Founder and CEO, Abhibus said, "A user can simply call to reserve a bus ticket for six hours. The ticket fare can be paid at a nearest outlet. We have tied up with 1.5 lakh retail outlets all over the country to issue the tickets under this platform. Our three call centres at Hyderabad, Bengaluru and Pune offer customer service in all regional languages." "This is the first of its kind initiative ...

E-payments earned Indian economy $6 bn from 2011-2015

According to the study, payment cards aren't just convenient, they help stimulate growth for economies around the world

Soon, you won't have to pay service charge, surcharge on card and online transactions

Currently, many vendors, such as IRCTC, levy service charge or convenience fee on card and digital payments