Page 8 - Online Payments

Bhartipay Fostering Economy Through Online Payments in Northeast India

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Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months

The platform saw a growth of over 200 per cent from March last year to May this year in trans­action volume done by MSMEs.

Twitter partners Razorpay for Tip Jar feature to send and receive money

Microblogging platform Twitter on Thursday said it has added an Indian payment gateway Razorpay for its Tip Jar feature that allows users to send and receive money.

Paytm plans to launch India's biggest IPO, aims to raise $3 billion

According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan

Another data breach

Air India's delay in informing customers is inexplicable

Paytm Payments Bank continues to lead beneficiary banks on UPI, shows data

Beneficiary banks are the banks of the account holder who are receiving money.

Why MSMEs need help again and why the govt's earlier approach may not work?

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide

E-wallets are similar to bank accounts, but more convenient: Experts

Will help those who can't ensure minimum balance

Delhi traffic police decides to accept cash as many unable to pay online

The Delhi traffic police will collect dues for pending challans in cash also as many individuals are not able to pay fines through the online payments system, officials said Thursday.

SBI Card sees over 50% transaction from online payments, says CEO

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up

RBI gives payment firms 6-month breather to comply with new framework

Earlier, the RBI had asked the payment aggregators to stop storing card details within their database as per its March 2020 guidelines that were to take effect from July this year

Auto-debit payments: RBI extends timeline for implementation of new rules

The new norms were supposed to kick in from April 1 but neither banks nor the other stakeholders in the ecosystem had readied their system

After Visa, PayPal Holdings launches cryptocurrency checkout service

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said

Amazon acquires Perpule for over Rs 107 cr to boost its tech for kiranas

Perpule provides UltraPOS is a cloud-based, mobile POS system that substantially improves the billing and checkout process at stores

MobiKwik denies KYC breach of 3.5 mn users amid IPO plans, says data 'safe'

According to the researchers, the entire database is available for 1.5 Bitcoin (nearly $84,000) on the Dark Web

Amazon plans to step up e-payments, financial services in India

Wish to convert cash-hardened customer into a digital one: Amazon Pay CEO

Learning to be flexible in a changing world

As India looks to solidify its position as a competitive global commerce hub, it is essential to deepen economic integration and lower trade costs. The key to achieving this is trade digitisation

Payments Corporation comes out with SOP to monitor volume cap for TPAPs

The NPCI will monitor the volume cap of the TPAPs and sound an alert to them once it reaches the thresholds that it has decided

OTP communication for payment transactions resumes, no complaints filed

Trai had put on hold the implementation of its regulations to curb unsolicited commercial communication.

Sebi streamlines IPO application process, issues new guidelines

The market regulator identified key issues plaguing the UPI payment process and issued operational guidelines to address them