What disruptions rule the contactless payment scenario?
Physical retail stores, telecom, insurance, edtech, health/pharma, e-commerce have gained majorly and accepted the idea of…
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UPI was most preferred payment mode in volume terms in 2019
Unified Payments Interface (UPI) remained the most preferred mode of payment in terms of volume followed by debit cards, Immediate…
Bank of Baroda bags contract from MCGM for online payment services
With this, Mumbaikars will have an alternative digital payment services for making all payments and dues to the civic body
Paytm becomes only app offering NEFT transactions 24/7
With the Reserve Bank of India (RBI) making online NEFT transfers 24/7 on all days including weekends and holidays, India's…
UPI transactions hit 2.7 billion; clocks Rs 4.6 trillion in value in Q3
The total volume of Unified Payments Interface (UPI) transactions in Q3 2019 touched 2.7 billion, a whopping 183 per cent increase…
Digital payments set to become a trillion-dollar market in five years: NITI Aayog
The digital payments market in India is expected to grow to US$ 1 trillion by 2023, led by growth in mobile payments presenting…
UPI vs IMPS: Who pipped whom and how in terms of transaction numbers
From a tepid start in August 2016, the Unified Payments Interface (UPI) has raced on through 2017 to cross the 100-million…
Government cuts charges for digital transactions above Rs 1000
In order to encourage digital transactions, the Finance Ministry today asked PSU banks to restrict fees on payments through IMPS…