Truecaller says its UPI service would cross 25 million users by March 2019 IANS Dec 5, 2018 According to the company, the platform is currently witnessing up to 100,000 users linking their bank accounts on a daily basis,…
Digital payment transaction volumes rise to 244.8 crore in August 2018, says govt PTI Nov 12, 2018 The number of digital payment transactions in India touched 244.81 crore in August 2018, more than three-fold rise from October…
UPI clocks 405.8 million transactions worth Rs 59,835 cr in September 2018 PTI Oct 3, 2018 Monthly transactions through unified payments interface (UPI) increased by more than 30 per cent month-on-month to 405.87 million…
India will soon be digital payment society: Finance Ministry IANS Sep 4, 2018 With monthly transactions crossing 300 million mark through Unified Payments Interface (UPI), Finance Ministry officials said…
Walmart India enables UPI payments for resellers to shop on its e-portal PTI Aug 17, 2018 This payment solution will enable members, especially kiranas/resellers, who shop online at Walmart India’s B2B e-commerce site…
Digital payments set to become a trillion-dollar market in five years: NITI Aayog Express Computer Aug 1, 2018 The digital payments market in India is expected to grow to US$ 1 trillion by 2023, led by growth in mobile payments presenting…
Digital retail lending in India may hit $1 trillion in 5 years, says BCG report PTI Jul 20, 2018 Digital retail lending has seen explosive growth both globally and in the country, a report by the Boston Consulting Group (BCG)…
WhatsApp Payments: Users to get 24-hour customer support for UPI-based services Mohd Ujaley Jun 26, 2018 WhatsApp is working on setting up a 24-hour customer support for users of its payments services that is slated to be rolled out in…
Banks can now join UPI without becoming issuer Mohit Rathod Jun 13, 2018 The National Payments Corporation of India (NPCI) has allowed banks who do not act as issuers in the payments ecosystem to join…
Fino Payments Bank launches UPI, Fastag, Online Account opening Mohit Rathod May 9, 2018 Fino Payments Bank has announced the launch of digital services suite. This allows Fino to expand its footprint in the space of…