Digital Payment
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Australian Dy PM plays 'gully cricket', relishes Delhi street food and experiences UPI Pay I VIDEO
World | Nov 20, 2023, 05:13 PM ISTMarles, who witnessed the historic India-Australia Cricket World Cup in Narendra Modi Stadium in Ahemadabad, was joined by the 14-18-year-old young cricket players on the stadium premises. Also, he relished several street foods and paid the payment digitally via UPI method.
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'Amazed': Netherlands PM after making payment through UPI at tea stall on Bengaluru's Church Street
Trending | Sep 12, 2023, 07:38 PM ISTThe Netherlands and India have wide-ranging economic ties and over 350 Dutch companies do business here, said Netherlands PM.
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IDEMIA, Airtel Payments Bank, and HMD Global's initiative for Digital Rupee on feature phones
Technology | Sep 07, 2023, 12:54 PM ISTThe collaboration intends to strengthen financial inclusion and digital payments by making it possible to transact in digital currency even without a smartphone or internet connectivity, whether temporarily or due to limited network coverage, as per their joint statement.
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Apple Pay making headway in India, talks with NPCI underway: Know details
Technology | Jun 24, 2023, 04:50 PM ISTApple Pay service will enable iPhone users to scan QR codes and make payments using the Unified Payments Interface (UPI), similar to Google Pay, Paytm, PhonePe, and other digital payment apps.
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UPI to account for 90% of retail digital payments by 2026-27: Report
Business | May 28, 2023, 04:54 PM ISTUPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report.
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Airtel Payments Bank and National Payments Corporation of India collaborates for face authentication
Technology | May 05, 2023, 01:58 PM ISTEarlier, It was the Adhaar number by which the transactions were authenticated and the Iris or fingerprint match in the UIDAI records. The new service will enable the user to validate the transaction by taking on face authentication along with the Aadhaar number.
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Har Payment Digital: RBI launches mission to make every citizen a user of digital payment
Apps | Mar 06, 2023, 09:30 PM ISTReserve Bank of India Governor, Shaktikanta Das, launched the "Har Payment Digital" mission as part of Digital Payments Awareness Week 2023. The goal of the mission is to make every Indian citizen a user of digital payments.
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Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share
Business | Jan 12, 2023, 09:22 PM ISTPaytm's monthly transacting users (MTU) was up 32 per cent from 64 million in December 2021 to 85 million in December 2022. The Gross Merchandise Value (GMV) processed through the platform saw a 38 per cent growth y-o-y in December to Rs 3.46 lakh crore.
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76% Indians prefer to make payments through UPI: Know-why
Technology | Nov 01, 2022, 12:24 PM ISTAs per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.
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Digital payments record 29 pc annual growth at March-end 2022: RBI data
Business | Jul 27, 2022, 08:09 PM ISTThe newly constituted RBI's digital payment index (RBI-DPI) stood at 349.3 in March 2022 against 304.06 in September 2021 and 270.59 per cent in March 2021.
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Contactless Payments grew by 6 times in India: Know all the benefits
Technology | Jun 16, 2022, 05:17 PM ISTContactless payments have gone up by more than 6 times, from less than 2.5 per cent in December 2018 to 16 per cent in December 2021, according to a whitepaper by Visa and Worldline India.
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UPI payment via credit card: How it will work
Personal Finance | Jun 09, 2022, 11:48 AM ISTUPI payment via credit card: Till now, only debit cards connected to savings bank accounts and current accounts are allowed to link up to the UPI platform.
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New age beggar spotted in Bihar, carries QR code placard to receive money in his 'e-wallets'
India | Feb 08, 2022, 06:47 PM ISTA 40-year-old man who asks for alms at Bettiah Railway Station in Bihar gives people options to pay him via digital mode. He also carries a digital tablet with him to check if the payments are received in his e-wallets.
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Who is Ashneer Grover of Shark Tank India whose memes are viral on the internet?
Trending | Feb 02, 2022, 02:20 PM ISTAshneer Grover's inimitable style on the business reality show Shark Tank India has made him a popular meme material for the internet. We look at the beginning of the BharatPe co-founder and track his journey to national fame.
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RBI to soon float paper on reasonableness of charges on transactions via digital payments
India | Dec 08, 2021, 03:45 PM ISTEntities involved in providing digital payment services incur costs, which are generally recovered from the merchant or customer or is borne by one or more of the participants.
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India, Singapore launch project to link UPI, PayNow for instant fund transfers
Business | Sep 14, 2021, 11:48 AM ISTPayNow is the fast payment system of Singapore which enables peer-to-peer funds transfer service.
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How this microfinance firm is empowering women entrepreneurs in rural India with an app
Business | Aug 25, 2021, 06:24 PM ISTWith nearly 70% population living in rural parts of the country and many who migrated to urban centres too facing huge pay disparity, there is little empowerment of those hailing from the interiors of the country.
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PM Modi launches e-RUPI digital payment platform
News | Aug 02, 2021, 05:50 PM ISTPrime Minister Narendra Modi on Monday launched e-RUPI, an electronic voucher-based digital payment system. e-RUPI is a cashless and contactless instrument for digital payment. It gets delivered to the mobile phones of beneficiaries through a QR code or SMS string.
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Rs 1,500 cr earmarked for scheme to incentivise digital payments
News | Feb 01, 2021, 01:40 PM ISTFM Nirmala Sitharaman said that Rs 1,500 cr earmarked for scheme to incentivise digital payments
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Govt, RBI need to share cost of maintaining UPI infrastructure: Report
Business | Aug 24, 2020, 10:28 PM ISTThe report further said UPI as a digital payments platform increases efficiency towards tax compliance, and provides overall convenience for public good.