Page 6 - Payment

'Buy now pay later' in lifestyle purchases showing non-payments: Report

Micro businesses in states like Bihar, Rajasthan and Madhya Pradesh have the highest non-performing assets, while the UT of Jammu and Kashmir is the best performer, the report by OkCredit said

Pay revision: Hundreds of Andhra Pradesh employees take to streets

Hundreds of employees and teachers marched on streets across Andhra Pradesh on Tuesday demanding that the orders on pay revision be withdrawn forthwith

Cabinet okays disbursement of additional compound interest waiver claims

238 million borrowers got waiver of interest-on-interest on loans up to Rs 2 crore

Bounce rates in December fall to their lowest since Covid-19 pandemic

December data indicates a good third quarter for banks on asset quality front

Ola to show drop location, payment mode to drivers before they accept ride

'Enabling drivers is key to reducing cancelations,' tweeted Ola co-founder and CEO Bhavish Aggarwal

FSS launches UPI e-voucher to advance financial inclusion

The UPI e-voucher enables customers to transfer funds for a specific purpose in real-time to any mobile number, regardless of whether the beneficiary has a bank account

Auto debit bounce rates drop further in October to touch pre-Covid levels

NACH data shows that of 86.6 mn transactions in October, 27 mn or 31.24% failed while 59.52 mn went through; In value terms, 24.83% of the transactions declined in October, lowest since Jan 2020

Sundaram Finance to create awareness on govt schemes like MSME Samadhaan

Under MSME Samadhaan, a portal for delayed payment has been created for empowering micro and small entrepreneurs across the country to directly register their cases relating to delayed payments

India and Singapore sign pact for instant flow of retail payments

RBI, MAS ink pact to link UPI and PayNow; may operationalise by July 2022

Zomato sets up payments aggregator in compliance with RBI guidelines

The company's Red Herring Prospectus in July had mentioned this development; the wholly-owned arm has an initial capital of 10,000 equity shares of Rs 10 each

DDA extends last date for interest-free payment of cost of flats to Jul 31

DDA has extended last date for making interest-free payment of cost of flats by allottees of 2021 Housing Scheme to July 31 in view of the second wave of Covid pandemic

Telecom Watchdog wants govt to reject Vi plea for deferring payments

Vodafone Idea can raise funds through equity sale or promoters can infuse capital Telecom Watchdog said while demanding rejection of company's request seeking more time to pay dues of Rs 8,292 crore.

Haven't received any payment from Brazilian health ministry: Bharat Biotech

Madison Biotech was founded by Krishna Ella in 2020 for external R&D, sales and marketing of vaccines

Google Pay launches global money transfers with Wise and Western Union

Google Pay users in the United States can now transfer money to app customers in India and Singapore

In numbers: Analysis of payment trends across channels in India

The report also analyses the consumer spending pattern across all categories based on the transactions facilitated by Worldline India which has over 1 million merchant touchpoints across the country